Energy Absolute Public Company Limited (EA)

Overview

Energy Absolute Public Company Limited, initially known as Suntech Palm Oil Ltd. before rebranding in 2008, is a diversified energy company based in Bangkok, Thailand. Founded in 2006, the company has expanded its operations to include the manufacturing and distribution of biodiesel products, crude palm oil, and glycerol within Thailand. Its business activities extend across various segments of the energy sector, including the production of renewable energy through solar and wind sources, the development of electric vehicles (EVs) and lithium-ion batteries for a range of applications from electric automobiles to energy storage systems. Energy Absolute’s diverse portfolio also encompasses services like construction project consulting, research and development in electricity equipment, biodiesel, batteries, and electric vehicles, along with offering hire purchase financing for electric vehicles, shore tank rental, and introducing charging stations for electric vehicles across Thailand.

Products and Services

• Renewable Energy Production

  Energy Absolute is engaged in the generation of electricity from renewable sources, particularly through solar and wind energy. This initiative is in line with global efforts to shift towards cleaner, sustainable energy solutions.

• Electric Vehicles (EVs)

  The company has ventured into the electric mobility sector by developing electric buses, cars, and ferries. This expansion into electric vehicles is part of Energy Absolute's broader strategy to promote sustainable transportation options.

• Lithium-ion Batteries

  Energy Absolute develops and manufactures lithium-ion batteries for electric automobiles and energy storage systems. This technology is pivotal for the advancement of electric vehicles and the efficient storage of renewable energy.

• Biodiesel Products and Glycerol

  The company manufactures and distributes biodiesel products and glycerol, contributing to the availability of alternative fuels that can reduce reliance on fossil fuels and decrease emissions linked to global warming.

• Construction Projects Consulting

  Providing expertise in construction projects, Energy Absolute offers consulting services, aiding in the development and implementation of energy-related construction projects.

• Research and Development

  With a focus on innovation, the company conducts research and development in various fields including electricity equipment, biodiesel production, battery technology, and electric vehicle development. This dedication to R&D supports the advancement of new technologies and sustainable energy solutions.

• Electric Vehicle Services

  Energy Absolute offers a range of services to support the electric vehicle ecosystem, including hire purchase financing, shore tank rental, crude palm oil pipeline transport services, and operating a network of charging stations across Thailand. These services are essential for promoting the adoption of electric vehicles by making them more accessible and convenient to use.