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Thai batteries to go Giga

Tue, 08/07/2018 - 13:12 -- News Editor
Energy Absolute logo

Thai renewable power technology company Energy Absolute is planning to invest US$3 billion in a gigafactory project, betting on the prospect that electric vehicles and smart grids will soon catch on in Southeast Asia.

Deputy CEO Amorn Sapthaweekul told local Thai media that the company is in talks with four or five Thai energy companies, including state-owned oil and gas group PTT, to share the investment.

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