News

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BPP reports strong Q1/2026 net profit and expands its battery energy storage system portfolio with two new projects in Japan.
Power Solution TechnologyRegulatory · 14 May 2026
Power Solution Technology (PSTC) reported a net profit of 46.79 million THB for Q1 2026, reversing a loss from the previous year.
PEANews · 14 May 2026
PEA advises the public on electrical safety measures during Thailand's official rainy season.
PEANews · 14 May 2026
PEA advises consumers to prioritize standards and safety over price when installing solar rooftops.
BangchakRegulatory · 14 May 2026
Bangchak Corporation reported a substantial increase in net profit for Q1 2026, reaching 6.14 billion THB.
BangchakNews · 14 May 2026
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PEANews · 14 May 2026
PEA and the Thailand Arbitration Center discussed operational guidelines and dispute resolution tools for power purchase agreements.
Power Solution TechnologyRegulatory · 14 May 2026
Power Solution Technology Public Company Limited reported a significant increase in Q1 2026 net profit, driven by its construction business and reduced joint venture losses.
PTTEPNews · 13 May 2026
PTTEP won 5 global awards at the Global CSR & ESG Awards 2026 for its sustainable social and environmental initiatives.
TTWRegulatory · 13 May 2026
TTW Public Company Limited reported a 0.6% increase in Q1 2026 net profit, driven by higher water sales and associate performance.
TTWRegulatory · 13 May 2026
TTW Public Company Limited reported its reviewed first-quarter financial results for the period ending March 31, 2026.
PEANews · 13 May 2026
PEA warns the public about scammers impersonating bill collectors and offering fake electricity bill discounts online.
BangchakNews · 12 May 2026
Bangchak Corporation ranked 2nd globally in the Oil & Gas Refining & Marketing industry by S&P Global for its sustainability performance.
AppomaxEditorial · 12 May 2026
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Metropolitan Electricity AuthorityNews · 12 May 2026
MEA announces temporary closure of most offices on May 13, 2026, for a public holiday, promoting online services.
PEANews · 12 May 2026
PEA executives recorded a televised blessing for the King and Queen of Thailand.
SCGRegulatory · 12 May 2026
Siam Cement Public Company Limited (SCC) announced it will publish its Q1/26 Local NDR presentation on its website for investors.
PTT GCRegulatory · 12 May 2026
PTT Global Chemical increased its inter-company borrowing and lending limits with major shareholder PTT.
BAFSNews · 12 May 2026
BAFS Group reported a 6% increase in Q1 2026 net profit to 151.8 million baht, driven by strategic adjustments and cost management.
Metropolitan Electricity AuthorityNews · 12 May 2026
MEA and King Mongkut's University of Technology Thonburi signed a cooperation agreement for installing and maintaining energy-saving and renewable energy systems.

Banpu PowerNews · 2026-05-14 00:00

BPP reports strong Q1/2026 net profit and expands its battery energy storage system portfolio with two new projects in Japan.

BPP announced a significant 924% increase in net profit for Q1/2026, reaching THB 5,877 million, while also expanding its battery energy storage system (BESS) portfolio in Japan with two new projects. The company is also progressing with an amalgamation transaction, aiming for a new company listing on the Stock Exchange of Thailand by Q3/2026.

This strategic expansion into BESS projects in Japan, alongside efficient asset management and the upcoming amalgamation, reinforces BPP's commitment to a balanced and resilient energy portfolio. It positions the company to capitalize on growing global electricity demand, particularly from AI and data centers, and enhance energy security.

Fast Facts

·Net Profit Q1/2026: THB 5,877 million
·Profit Increase: 924%
·New Japan BESS Projects: Hiyoshibaru (20 MW, 80 MWh) and Nikko (40 MW, 160 MWh)
·Hiyoshibaru COD: Q1 2029
·Nikko COD: Q2 2029
·Japan BESS Market CAGR Projection: 13.2%
·Target Japan BESS Capacity: 1 GWh by 2030
·Jinhu Qianfeng Solar Farm (China): 120 MW solar, 20 MW/20 MWh BESS, COD 2026
·Amalgamation Listing Target: Stock Exchange of Thailand by Q3/2026

Battery Storage

Power Generation

Grid

Organizations Mentioned

Banpu Power

Banpu Power PCL is a leading power generation company in the Asia-Pacific region, developing and operating both conventional (coal, gas) and renewable (solar, wind) power plants.

Banpu Group

Banpu Group is a leading integrated energy solutions provider engaged in coal mining, power generation, and natural gas businesses across the Asia-Pacific region.

BKV

BKV Corporation is a privately held natural gas exploration and production company focused on acquiring and developing natural gas assets in the the United States.

Oil & Gas

LNG

IEA

The International Energy Agency is an autonomous intergovernmental organization that provides policy recommendations, analysis, and data on the global energy sector to ensure reliable, affordable, and clean energy for its member countries and beyond.

Mark & Spark Solutions

A small, privately-owned company potentially offering electrical or energy efficiency services.

Grid

Energy Efficiency

SET

The Stock Exchange of Thailand operates the primary stock market in Thailand, facilitating capital raising and trading for various companies, including those in the energy sector.

Other

People Mentioned

Mr. Issara Niropas

CEO at Banpu Power PCL (BPP)

Source

BPP reports strong Q1/2026 net profit and expands its battery energy storage system portfolio with two new projects in Japan.