BGRIM Q1 Profit 721M, Global Renewables Push to 10,000 MW
Thansettakij•Economy•
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Source: Thansettakij (Original)
Key Entities
Organization
A Thai energy company experiencing strong profit growth and expanding its renewable energy portfolio globally.
ARECO
A solar power project in the Philippines with a production capacity of 65 MW, which has commenced commercial operation.
BGP Holding (US) LLC
A subsidiary of B.Grimm Power involved in acquiring stakes in US-based hydropower projects.
New England Reliable Hydropower Holdings LLC
A US-based company owning and developing 26 hydropower projects with a total capacity of 406 MW and an 8 MW energy storage system.
B.Grimm LNG Limited
A wholly-owned subsidiary of B.Grimm Power established in Malaysia to conduct business in the supply and wholesale of LNG and natural gas.
B.Grimm LNG Sdn. Bhd.
A newly established subsidiary in Malaysia by B.Grimm LNG Limited to handle LNG and natural gas trading.
B.Grimm Power Korea Limited
A wholly-owned subsidiary of B.Grimm Power that invested in convertible bonds of Unison to support a renewable energy supply chain.
Unison
A company in which B.Grimm Power Korea Limited invested in convertible bonds, involved in the development of the Nakwol offshore wind power project.
Myungwoon Industry Development
The major shareholder of Unison from whom B.Grimm Power Korea Limited purchased convertible bonds.
Office of the National Economic and Social Development Council(สำนักงานสภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ)ℹ️
A Thai government agency that provides economic forecasts and analysis.
The central bank of Thailand, involved in economic forecasting.
Insee B.Grimm(อินทรี บี.กริม)
A solar power project with a capacity of 80 MW planned to commence commercial operation.
Zhongce Rubber
A solar power project on the rooftop of an industrial estate in Rayong with a capacity of 35 MW.
Place
The country where BGP Holding (US) LLC acquired stakes in hydropower projects and energy storage systems.
The country where the ARECO solar power project, with a capacity of 65 MW, has commenced commercial operation.
The country where B.Grimm LNG Limited established a new subsidiary for LNG and natural gas trading.
Timeline
2025
The year when the ARECO solar power project in the Philippines commenced commercial operation.
2026
The year in which B.Grimm Power made several strategic investments and reported its Q1 financial results, and economic forecasts for Thailand were made.
2030
The year by which B.Grimm Power aims to increase its production capacity to 10,000 MW.
2050
The year by which B.Grimm Power aims to achieve Net-Zero Carbon Emissions.