Mitihoon – Mr. Frank Glück (3rd from left), CEO, GreenYellow Thailand and Asia, and Ms. Jeerapa Kongswangwongsa (4th from left), Chief Commercial Officer, GreenYellow (Thailand) Co., Ltd., together with Ms. Chuntarica Jotikasthira (2nd from left), Chief Human Resource Officer, and Mr. Chookiat Phruthithamakool (1st from left), Head, Facility Management, Thai Airways Public Company Limited, signed the Power Purchase Agreement (PPA) to invest in, install, operate, and maintain a comprehensive solar power generation system at Thai Airways’ Head Office. The signing aims to drive the Thai aviation industry towards a sustainable energy era and tangibly reduce carbon emissions.
BANGKOK, THAILAND, June 18, 2025 – GreenYellow (Thailand) Co., Ltd., a global investor and operator in solar energy production (Solar PPA) and energy efficiency, has joined forces with Thai Airways Public Company Limited, Thailand’s national airline. This collaboration was formalized through the signing of a Power Purchase Agreement (PPA) to invest in, install, operate, and maintain a comprehensive solar power generation system, including both rooftop and carport installations, at Thai Airways’ Head Office. Under the 20-year agreement, the system will have a total installed capacity of 999.7 kilowatt-peak (kWp) and is expected to generate 1,359 megawatt-hours (MWh) of electricity annually, reducing carbon dioxide emissions by approximately 589 tons per year. This marks a significant step, underscoring Thai Airways’ commitment to driving environmentally friendly and sustainable operations.
This solar rooftop and carport project aligns with Thai Airways’ sustainability management policy, which emphasizes conducting business under the Circular Economy principle to create sustainable value (Value Creation). The company prioritizes transparency, good governance, and responsibility toward society and the environment. Key objectives include minimizing environmental impact, promoting the efficient use of resources, reducing greenhouse gas emissions, and supporting the transition to clean energy. Additionally, Thai Airways is committed to enhancing the quality of life for employees, communities, and all stakeholders while adhering to strict governance principles to ensure long-term transparency and sustainability.
Ms. Chuntarica Jotikasthira, Chief Human Resource Officer, Thai Airways Public Company Limited, stated, “Thai Airways is strongly committed to being a leader in propelling the Thai aviation industry towards a sustainable energy era. This partnership with GreenYellow is therefore a tangible step towards achieving this vision. This solar rooftop and solar carport project at our Head Office will serve as a model for significantly enhancing the organization’s energy efficiency. The clean energy produced will be utilized to power all operations at the Head Office buildings, while tangibly reducing our reliance on fossil fuels and cutting greenhouse gas emissions by 589 tons per year. This aligns with the Net Zero goals of the International Civil Aviation Organization (ICAO) and our policy to create a sustainable future. This collaboration not only directly benefits Thai Airways but also serves as a crucial driving force to inspire other businesses to adopt renewable energy for a better world.”
Mr. Frank Glück, Chief Executive Officer of GreenYellow Thailand and Asia, commented on this collaboration, “Our partnership with Thai Airways, the national airline and an industry leader, represents a significant milestone for GreenYellow in expanding our role into the aviation sector, one of the key industries rapidly accelerating towards sustainability. We are proud to offer comprehensive clean energy solutions under our proven Build-Own-Operate-Transfer (B.O.O.T.) model, which demonstrably helps large organizations reduce energy costs, increase efficiency, and tangibly cut carbon emissions. This collaboration not only reaffirms our commitment to supporting Thailand’s energy transition but also showcases the potential of solar energy to meet the demands of diverse industries. We are ready to be a trusted partner for Thai Airways and other leading organizations in transitioning to sustainable energy use and building a cleaner future.”
GreenYellow has continuously initiated and operated solar energy projects and energy efficiency solutions with leading organizations in Thailand, including Nestlé, Betagro, Tipco, and Unilever. This reflects our success in driving clean energy adoption within Thailand’s industrial and business sectors, with a total installed capacity exceeding 200 megawatt-peak (MWp) and a reduction of over 150,000 tons of carbon dioxide emissions annually. This is a significant contribution to pushing Thai businesses towards sustainable clean energy adoption. The expansion of our cooperation into the aviation sector with Thai Airways further solidifies GreenYellow’s role as a leader in solar energy, ready to support all sectors in transitioning to a low-carbon economy.
For a free consultation on solar installation solutions with any investment, interested organizations can reach GreenYellow through the company website at www.greenyellow.co.th, LINE Official Account @greenyellowth, or by calling 02 079 8081.
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