US resumes cooperation with Thai private sector

US resumes cooperation with Thai private sector




USTDA acting director Thomas R Hardy


The United States has resumed collaboration with the Thai private sector in a move seen to counter China’s influence in the region.


The US Trade and Development Agency announced on Wednesday the reopening of its programme in Thailand with the goal of supporting the development of priority infrastructure projects in the energy, transportation, and telecommunications sectors, and helping to foster new commercial partnerships between the two countries.


The move is being seen by critics as an effort to counter Chinese influence. The Asian giant has invested in infrastructure projects, such as high-speed railways and major highways, in the region. 


The US had cut close economic cooperation and aid to Thailand following the coup in 2014. It has now resumed collaboration after a new elected government took office.


“This is an important day for the USTDA, and we are proud to reopen our programme in Thailand,” said acting director Thomas R Hardy. “This is an ideal time to connect with new partners across the public and private sectors and advance quality infrastructure in support of Thailand’s development goals.”


To mark its reopening, the USTDA awarded a grant to Thailand-based renewable energy company Blue Solar to conduct a feasibility study on a solar photovoltaic power plant with an integrated energy storage system in Suphan Buri province. The project represents one of the first private sector deployments of utility-scale battery storage in Thailand.


Adequate and affordable power supply is critical to meet growing energy needs and drive economic growth in Thailand. Implementation of the project will support the kingdom’s goals to increase its clean energy mix, with new opportunities for US firms to supply solar and energy storage solutions. 


The USTDA-funded study will help Blue Solar assess the project’s viability and deliver the designs and analysis required for financing and implementation. This partnership advances the US government’s AsiaEdge initiative to support sustainable and secure energy markets in the Indo-Pacific region.


“We are very grateful to the USTDA for providing a grant to support our project feasibility study,” said Blue Solar managing director Visait Hansaward. “It is our wish that our solar energy storage project will prove that clean energy can be reliable and our country can expect renewable energy to be a mainstream energy source in the near future.”





-- © Copyright The Nation Thailand 2019-08-14

Follow Thaivisa on LINE for breaking Thailand news and visa info

latest news from Thailand

‘Eat, Shop, Spend’ wins 1m subscribers on very first dayBy The Nation  The “Eat, Shop, Spend” campaign earned an overwhelming response on Monday (September 23), the very first day of its launch, with close to one million Thais registering. Krungthai Bank set the daily limit for registration at one...


Consumers’ rights to be protected under new MoUBy THE NATION  The Electronic Transactions Development Agency (ETDA) last week signed a memorandum of understanding (MoU) with major consumer organizations and private companies on a consumer protection initiative covering products and services sold...


Farmers want solution to falling price of snapper fish  A group of fish farmers have called on the government to solve the problem of the falling price of snapper. Pramot Mongkolcheeva, a member of the group that raises snapper, said the price of the fish had fallen from Bt130-Bt140 per kilo to...


Fears for Indian after he is swept away by flooded streamBy THE NATION A file photo, taken on September 23, of a flooded area in Kabin buri district of Prachin Buri province An Indian national has gone missing in a strong, overflowing stream amid floods in Prachin Buri province, prompting a...