Innovative Businesses

The global transition to clean energy and rising electricity demand are critical factors that directly affect EGCO Group’s revenues and competitiveness. Without adaptation, the company faces risks from fossil fuel dependency and declining investment opportunities. Conversely, expanding renewable energy capacity and diversifying investments domestically and internationally enhance stable revenue, reduce exposure to fuel cost volatility, and create access to new energy markets.

Under the “POWER4” strategy, EGCO Group expands investment in energy-related businesses by delivering integrated energy solutions for data centers. These include supplying renewable electricity through Solar Private PPA arrangements and developing infrastructure that enables carbon emission reduction. EGCO Group also integrates digital technologies and artificial intelligence (AI) to optimize power generation efficiency, strengthen asset management, and refine portfolio allocation in line with the global energy transition.

Sustainable Product Programs

EGCO Group classifies its sustainable products as renewable energy generation activities, aligned with the Thailand Taxonomy Phase 1 framework specific to energy sector, as published by the Bank of Thailand. Under this classification, EGCO Group's solar power plants and wind farms are designated as green activities.

To expand its sustainable product portfolio, EGCO Group has set a target to increase its renewable energy generation capacity to 30% of total portfolio by 2030, reaching 3,910 megawatts. To support this target, EGCO Group has allocated an investment budget of approximately 30 billion baht each year for three-year phase (2025-2027) for its strategic investment initiatives, further reinforced by a 7 billion Baht Green Debenture issuance with proceeds fully allocated to eligible renewable energy assets. The allocation and impact reporting were independently verified by DNV in accordance with Green Bond Principles, Green Loan Principles, and ASEAN Green Bond Standards.

As part of its research and development efforts, EGCO Group has invested approximately 3 million baht in AI-driven innovation to enhance its renewable energy assets. A key initiative is the Solar Farm Forecast Monitoring system, which enables more precise grid code compliance and operational efficiency.

To support the development and deployment of sustainable energy innovations, EGCO has invested in employee training programs on AI application and digital capabilities. A total of approximately 9 million baht was allocated toward AI-related training programs and workshops.

Through its subsidiary, ESCO offers solar rooftop installation as a customer-facing sustainable energy service. ESCO employees involved in solar rooftop services receive performance-based bonuses as an incentive to promote the company's green energy offerings.