LS Electric Targets Southeast Asian Microgrid Market with Thailand's SCG Group Partnership

LS Electric Applies Microgrid Energy Management System (EMS) to SCG Group

LS Electric is partnering with SCG Group, the second-largest company in Thailand, to expand the microgrid market in Thailand and Southeast Asia.

On the 10th, LS Electric and SCG Group signed a Memorandum of Understanding (MOU) for "Cooperation to Expand the Microgrid Business in Thailand and Southeast Asian Markets" at the SCG Group headquarters in Bangkok, Thailand. Attendees included Choi Soon-hong, Senior Advisor of LS Electric, Jo Wook-dong, Head of LS Electric DX Business Division (Managing Director), Niti Patarachok, President of SCG Group, and Abhijit Tata, Director of SCG International, among other representatives from both companies.

Going forward, the two companies will promote new businesses combining LS Electric’s grid-connected microgrid and energy management system (EMS). They plan to gradually apply LS Electric’s microgrid EMS to SCG headquarters, factories, and affiliates. Subsequently, they will expand their business scope by entering the Southeast Asian microgrid market, centered on Thailand.

(Photo from the third person from the left) Niti Patarachok, President of SCG, Abhijit Tata, Director of SCG International, Jo Wookdong, Executive Director of LS Electric, and Choi Soonhong, Senior Advisor of LS Electric, are taking a commemorative photo after signing the MOU. / Photo by LS Electric

In this process, LS Electric will be responsible for technical support covering EMS as well as software and programming required for design. SCG will provide all equipment necessary for EMS operation, including solar power facilities, energy storage systems (ESS), other hardware, and installation work.

Choi Soon-hong, Senior Advisor of LS Electric, said, “With this MOU, we have expanded the distribution of grid-connected microgrid business in the Thai and ASEAN markets," adding, "By diversifying the use of various eco-friendly energy sources such as renewable energy, we will be able to achieve efficient energy management and carbon emission reduction simultaneously."

SCG Group is actively pursuing decarbonization management with the goal of reducing greenhouse gas emissions to zero by 2050 in line with the global carbon neutrality trend. In November of last year, SCG visited LS Electric’s Cheongju Smart Factory, which was selected as a World Lighthouse Factory, to explore ways to expand new businesses in eco-friendly and energy management fields.

This content was produced with the assistance of AI translation services.