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ESCO Revolving Fund

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Summary of ESCO FUND (Phase I)

Summary of ESCO FUND (Phase II)

Summary of ESCO Revolving Fund (Phase III)

Summary of ESCO Revolving Fund (Phase IV)

Articles and Publication

Summary of ESCO Revolving Fund (Phase IV)

Summary of EforE’s accomplishment on ESCO Revolving Fund Fiscal year 2015

  Department of Alternative Energy Development and Efficiency (DEDE) has allocated the budget from Energy Conservation Promotion Fund (ENCON Fund), amounting to 500 Million Baht in the fiscal year 2015 in order to top up “ESCO Revolving Fund” for encouraging private investment in renewable energy and energy efficiency projects. The Energy for Environment Foundation (EforE), one of the fund managers, was granted 300 Million Baht in Phase IV (April 2015 to September 2017) in continuation of Phase III. So far there are 16 Projects approved as described below:


List of projects award ESCO Revolving Fund for Equity Investment : 1 project
(as of September 2017)


 



List of projects award ESCO Revolving Fund for equipment leasing : 9 projects
(as of September 2017)


 


List of equity investment project
 
     
 
1. Northern Biogas Ltd.
Location: Northern Biogas Ltd.
Energy for Environment Foundation (EFE) invests 50 million Baht on the equity of project which has total investment of 230 million Baht for the first phase. It is expected that the biogas system will be commissioned in early 2018. This project will generate the biogas of 16.6 million Nm3 per year.
 

List of Equipment Leasing projects
     
 
1. Power Innovation Co., Ltd.
Location : C.C.S. Engineering Co., Ltd. Nonthaburi
Power Innovation Co., Ltd. installs the VSD for chilled water pump, condensing water pump, and cooling tower fan at C.C.S. Engineering Co., Ltd. The Investment Committee has approved 1.07 MB equipment leasing to support energy efficiency improvement. The equipment has already been installed and is running. This project leads to over 90,687 Baht/month energy saving.
 
     
 
2. J.K. Cartons Group Co., Ltd.
Location : J.K. Cartons Group Co., Ltd., Samutsakorn
Sangchai Steel Work Co., Ltd. replaces the old boiler with the high efficiency boiler at J.K. Cartons Group Co., Ltd. The Investment Committee has approved 20.04 MB equipment leasing to support the fuel switching project. The project is under contract signing. This project leads to over 401,435 Baht/month fuel cost saving.
Remark : Project cancelled as J.K. requested
 
     
 
3. Thai Mueang Icehouse Co., Ltd.
Location :  Thai Mueang Icehouse, Phang-nga
Energy Conservation and Management Co., Ltd. replaces the inefficiency motor with the high efficiency motor at Thai Mueang Icehouse. The Investment Committee has approved 0.99 MB equipment leasing to support energy efficiency improvement. The equipment has already been installed and is running. This project leads to 17,365 Baht/month energy saving.
 
     
 
4. Sap Sansawai Co., Ltd.
Location :  Pavilion Hotel, Songkhla
Energy Conservation and Management Co., Ltd. replaces the old chiller with the high efficiency chiller and install the LED at the Pavilion Hotel, Songkhla. The Investment Committee has approved 3.46 MB equipment leasing to support energy efficiency improvement. This project leads to 86,748 Baht/month energy saving.
Remark : Project cancelled as Sap Sansawai requested
 
     
 
5. Island Resort Hotel Co., Ltd.
Location :  Dusit Island Resort Hotel, Chiang Rai
Energy Plus Development Co., Ltd. replaces the old chiller with the high efficiency chiller at the Dusit Island Resort Hotel, Chiang Rai. The Investment Committee has approved 9.48 MB equipment leasing to support energy efficiency improvement. The project is under contract signing. This project leads to 119,952 Baht/month energy saving
 
     
 
6. C S Bowl Center Entertainment Co., Ltd.
Location :  Daiichi Hotel,, Songkhla
The project of C S Bowl Center EntertainmentCo., Ltd. is to replace the old chiller with the high efficiency chiller at the Daiichi Hotel, Hadyai, Songkhla. The Investment Committee has approved 4.65 MB equipment leasing to support energy efficiency improvement. The project is under the process to replace ESCO. This project leads to 97,138 Baht/month energy saving.
 
     
 
7. R hank Supply Co., Ltd. (installed at Erawan Textile Co., Ltd.)
Location :  Erawan Textile Co., Ltd., Samut Prakan
R hank Supply Co., Ltd. replaces the fluorescent lamps with the LED at the Erawan Textile Co., Ltd ., Samutprakarn. The Investment Committee has approved 2.17 MB equipment leasing to support energy efficiency improvement. The equipment has already been installed and is running. This project leads to 118,500 Baht/month energy saving
 
   
 
8. Poly Vision Precision Mould (Thailand) Co., Ltd.
Location : Poly Vision Precision Mould (Thailand) Co., Ltd. Chonburi
Energy Conservation and Management Co., Ltd.replaces the electric motor with the servo motor, Chonburi. The Investment Committee has approved 2.48 MB equipment leasing to support energy efficiency improvement. The project is under contract signing. This project leads to 50,432 Baht/month energy saving
Remark : Project was cancelled by ESCO.

   
 
9. Suan Song Co., Ltd.
Location : Suan Song Co., Ltd. Amnart Charoen
Kue Charoen Engineering Co., Ltd. installs the gas engine for the power plant in Amnart Charoen. The Investment Committee has approved 17.44 MB equipment leasing to support the renewable energy project. The project exported the generated electricity to the PEA grid in Mar 2017. This project is expected to generate the electricity of 467,479 kWh/month.
 

   
 
10. Wangsingkham Ice Co., Ltd.
Location : Wangsingkham Ice Co., Ltd.Chiang Mai
Energy Plus Development Co., Ltd. replaces the old motors and compressors with the high efficiency motors and high efficiency compressors at the Wangsingkham Ice Co., Ltd., Chiang Mai. The Investment Committee has approved 5.15 MB equipment leasing to support energy efficiency improvement. The project is under equipment installation. This project leads to 84,720 Baht/month energy saving.
 

   
 
11. Thai Spirit Industry Co., Ltd.
Location : Thai Spirit Industry Co., Ltd., Chachoengsao
Bangkok Eco Energy Co., Ltd. replaces the old air compressors with the more efficient air compressors at the Thai Spirit Industry Co., Ltd., Chachoengsao. The Investment Committee has approved 3.10 MB equipment leasing to support energy efficiency improvement. The project is under equipment installation. This project leads to 53,436 Baht/month energy saving.
 

   
 
12. S2K Marine Product Co., Ltd.
Location : S2K Marine Product Co., Ltd.
Smart Energy Saving Co., Ltd. replaces the old inefficient equipments with the more efficient Water Cool system, Cooling Tower, Heat pump, E-Cube, Water Bath, and LED at the S2K Marine Product Co., Ltd., Songkhla. The Investment Committee has approved 9.00 MB equipment leasing to support energy efficiency improvement. The project is under equipment installation. This project leads to 197,471 Baht/month energy saving.
 

   
 
13. Thermal Tech Co., Ltd.
Location : แหล่งกำจัดขยะ เทศบาลตำบลล้อมแรต จังหวัดลำปาง
Laksamin Co., Ltd. installs the new RDF system at the Lom Rad Municipality Waste Dump Site, Lampang. The Investment Committee has approved 9.24 MB equipment leasing to support the RDF system. The project is under permission approval. This project leads to replace 10,086 ton of Lignite/month.
 

   
 
14. Juristic Person Ban Suan Romklao-Suvarnabhumi
 
Eneron Consultant Co., Ltd. replaces the fluorescent lamps with the LED at the Ban Suan Romklao-Suvarnabhumi Village, Bangkok. The Investment Committee has approved 1.07 MB equipment leasing to support energy efficiency improvement. The project is under installation. This project leads to 32,250 Baht/month energy saving
 

   
 
15. Power Innovation Co., Ltd.
 
Power Innovation Co., Ltd. installs the VSD for chilled water pump, condensing water pump, and cooling tower fan at Plus Vision Co., Ltd. The Investment Committee has approved 1.28 MB equipment leasing to support energy efficiency improvement. The equipment is under installation. This project leads to over 86,178 Baht/month energy saving.
 

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