INNIO has signed a Memorandum of Understanding (MoU) with B.Grimm Power to collaborate on building new high efficiency power plant projects in Thailand. B.Grimm, parent company of B.Grimm Power, has a long and successful history as a trailblazer in Thailand’s private power generation industry.
The MoU spells out the framework for the collaboration to build projects into 2024 within the liquified natural gas (LNG) and natural gas segments as Thailand looks to reduce carbon emissions.
INNIO and B.Grimm Power will explore the development of decentralized and highly efficient power plants operating with INNIO’s Jenbacher engines.
In addition, we will explore current combined footprints in Thailand, aligning opportunities to secure a stable and reliable power supply in the country.
INNIO is pleased to enter into this collaboration with B.Grimm to explore power generation options to secure a stable and reliable power supply in Thailand. Our flexible power plant solutions and Ready for Hydrogen technology, coupled with B.Grimm Power’s presence in the country, offers Thailand both the expertise and scale to support its aim to reduce carbon emissions under the COP 26 commitment of the United Nations and to transition to net zero.
Across Southeast Asia, Thailand is seen as a dynamic example of a country where secure and reliable energy supply plays a central role in supporting strong gross domestic product development and welfare for the people. B.Grimm Power currently delivers more than 2.8 GW of power to Thailand.
As Thailand has increased its climate change commitments, we are now aiming to reduce carbon emissions with the support of companies that can provide proven expertise in highly efficient green technology, such as INNIO. As Thailand’s electrical energy demand continues to grow, it will require power generation technologies that run not only on natural gas but also on future fuels, such as hydrogen, and deliver sustainable grid support as well for the higher share of fluctuating renewable power like sun and wind in our portfolio.
