Thailand’s Banpu Power eyes energy storage growth with strategic moves in Japan and the U.S. (Photo: Banpu Power)
Thailand’s energy major Banpu Power has announced plans to establish a battery energy storage system (BESS) facility in the United States, aiming to tap into the soaring power demand driven by data centers and artificial intelligence (AI) applications. This marks Banpu Power’s second international storage project, following its first in Japan.
Surging AI demand set to drive energy storage growth
CEO Issara Niropas said the global battery storage market is expanding rapidly amid the growing adoption of renewable energy, increased demand for grid stability, and energy security concerns. He confirmed the company has submitted its development proposal to the Electricity Reliability Council of Texas (ERCOT).
