Banpu Infinergy and Phuket City Development Announce Cooperation on Renewable Energy Development under Phuket Smart City Plan

Phuket – Banpu Infinergy Company Limited, a one-stop service provider of total solar energy solutions with advanced technologies and a subsidiary of Banpu Public Company Limited, a leading integrated energy company in Asia-Pacific, and Phuket City Development, a social enterprise established by a group of entrepreneurs in Phuket,have signed a Memorandum of Understanding to jointly implement the“Renewable Energy Development under the Phuket Smart City Plan”. The purpose of this project is to transform Phuket into aSmart City and respond to the government’s Thailand 4.0 initiative through renewable energy development. As part of this collaboration, Banpu Infinergy and Phuket City Development will studythe feasibility of setting upmicrogrid systems through the use of energy storage systems in appropriate areasacross Phuket, installing solar rooftop systems to make

the best use of electricity and byexploring the possibility of using electric vehicles to enhance the population’s quality of life.

Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited and Director of Banpu Infinergy Company Limited said: “As a leading energy company that supports the most efficient use of energy under the ‘Greener&Smarter’ strategy, Banpu Infinergy will continue to invest in renewable energy. We will not limit ourselves to solar energy but also explore the possibility of expanding to energy storage and energymanagement systems to help the government achieve its Smart City initiatives.

“Phuket is one of Thailand’s prime cities for tourism and economic development.The city is equipped with thenecessary infrastructure for renewable energy use, which could significantly contribute to economic growth. Banpu Infinergy is pleased to be partnering with Phuket City Development in promoting the use of renewable energy which could enable Phuket to become a world-class tourist city that not only consumes energy efficiently but also improves quality of life while conserving the environment.”

Mr. Karn Prachumpan, Chief Executive Officer of Phuket City Development said:“Our partnership with Banpu Infinergy in the ‘Renewable Energy Development under Phuket Smart City Plan’started from our shared vision to transform Phuket into a model Smart City for Clean Energy use coupled with Banpu Infinergy’s expertise in energy innovations and its leadership in energy technology and system settings. This cooperation corresponds with the 4 groupings and 12 main points in the Phuket City Development Plan. The key pointsin the plan are Alternative Electricity Supplyand Green Energy Management,which would transform Phuket into a sustainable and livable city and a model Smart City for Clean Energy use that cancontribute to the country’s energy security.”

Ms. Kanokwan Jitchobtham, Managing Director of Banpu Infinergy Company Limited said: “With the MoU now signed,the Banpu Infinergy team will work closely with Phuket City Development to study and evaluate appropriate areasfor renewable energy use by leveragingour strengths in providing reliable, affordable and
eco-friendly energy solutions as well as our specialization in area analysis, system development and installation and maintenance in parallel with Phuket City Development’sdeep understanding of the area and local demands. We strongly believe that together, we will be able to successfully achieverenewable energy development under the Phuket Smart City Plan.”