Bel Trading & Consulting Ltd continues its ambitious projects in the field of green energy and, in addition to the solar power generation segment, participates in new renewable energy projects, specifically the production of electrical energy from locally sourced biomass. The potential of this direction is significant in the Asian market, including the Kingdom of Thailand. Many Asian countries have joined programs to reduce greenhouse gas emissions and plan to increase the share of renewable green energy sources as part of the National Energy Plan, presenting applied interest to investors in the energy sector due to special attractive conditions for local and foreign investors.
Bel Trading & Consulting Ltd is investing in the project for electricity generation at a special tariff from biomass. By utilizing local common biomaterials and wastes from the food and agriculture sectors, which are renewable resources, it is creating industrial-scale green electricity production. The main advantage of generating electricity from biomass is the special government support from the Thai government in the form of tax incentives and special tariffs to support renewable electricity producers.
Currently, a joint project where Bel Trading & Consulting Ltd acted as an investor and acquired a 40% stake in the local company Bio Green Energy 5 Co Ltd is in its final stage. This joint project is finalizing the construction of biomass-based electricity generating facilities in Chainat province.
Thanks to the participation of Bel Trading & Consulting Ltd in the project and the investments made, the construction of the renewable biofuel power station is successfully being completed, and commissioning and testing work is underway for the start of electricity generation. After the successful launch of this joint project, there are further plans for expanding biofuel electricity generation facilities in Thailand and building new power stations in this area of green electricity.
Bel Trading & Consulting Ltd’s investments are often directed towards the renewable electricity generation sector and contribute to the global trend of transitioning to cleaner forms of energy, expanding the capacity of green electricity generation. The company is pleased to follow the principles of nature conservation and clean environment for future generations in its energy projects, both in Europe and in projects implemented in Asia.
The company is confident that the renewable energy generation market in Southeast Asia will be significantly expanded and very promising in the near future, with many new international investors already entering with their projects in the field of renewable energy and successfully implementing them. In addition to implementing biomass electricity generation projects, new projects for generating various types of renewable energy will be started soon.
The many years of experience of Bel Trading & Consulting Ltd in constructing and operating industrial solar photovoltaic power stations of various capacities and types allow it to successfully and quickly implement other alternative projects for generating electricity from other renewable sources.
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Company Name: Bel Trading & Consulting Ltd
Contact Person: Francis Peled
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Country: Poland
Website: https://beltrading.net