Renewable Energy Programs
Additionally, GC has implemented renewable energy projects to reduce the consumption of fossil fuels by installing solar rooftop and solar floating power systems. Also, GC has set the target to increase the proportion of renewable energy use to cover more than 7% of main activities by 2030.
Alternative Energy Project
GC focuses on increasing the proportion of renewable energy to support the target and strategy to shift to renewable energy and low-carbon energy.
Overall Performance of Renewable Energy Projects in 2024
Investment
million baht
Reduction of GHG Emissions
tons of CO2 equivalent per year**
Reduction of Costs
million baht per year*
Equivalent to Planting Trees
million trees per year***
Remarks:
* Potential net GHG reduction per annum
** Estimated GHG reduction from project based on GC’s business plan
*** Based on the Thailand Greenhouse Gas Management Organization (TGO)’s data whereby the carbon sequestration capacity of forest plants is 0.95 tCO2/rai/year with a density of 100 trees/rai
Solar Energy
To drive climate change efforts in line with GC’s guidelines on carbon neutrality and net-zero emissions with the collective target of achieving the Net Zero Goal. GC uses solar energy through both solar panels (Solar Rooftop) and floating solar systems (Floating Solar) to effectively reduce greenhouse gas emissions.
In 2024, GC expanded our solar energy project through the installation of 1.2 MW Solar Rooftop system at the Aromatics 2 Plant and 0.6 MW Solar Floating system at the InnoPlus Solution Center. GC also collaborated with partners to produce 8 MW equivalent of floating solar pontoons to generate electricity for companies in the Eastern Seaboard Industrial Estate in Rayong province. In this regard, InnoPlus high-density polyethylene (HDPE) pellets are used in the production of SUNTARA™ floats, which feature exceptional strength.
Energy Production
MWh per year*
Reduction of GHG Emissions
tons of CO2 equivalent per year**
Reduction of Costs
million baht per year*
Equivalent to Planting Trees
million trees per year***
Remarks:
* Potential net GHG reduction per annum
** Estimated GHG reduction from project based on GC’s business plan
*** Based on the Thailand Greenhouse Gas Management Organization (TGO)’s data whereby the carbon sequestration capacity of forest plants is 0.95 tCO2/rai/year with a density of 100 trees/rai