J&V Energy and ESPRO Sign Strategic MOU to Forge a New Model for Cross-Border Green Energy Cooperation
Taiwan – Thailand Cross-Border Partnership: A Sustainable and Prosperous Future (Shu-Min Chao, J&V General Manager, and Stanley Kang, ESPRO Founder/Chairman, have signed the MOU in Taipei, focusing on renewable opportunities in the Thai market.) Taipei, December 23, 2024 — On December 23, 2024, J&V Energy Technology and ESPRO formally signed a strategic Memorandum of Understanding (MOU) under the theme “Taiwan – Thailand Cross-Border Partnership: A Sustainable and Prosperous Future.” This partnership signifies a bold step for both companies as they enter Thailand, Southeast Asia’s most dynamic green energy market, unlocking new opportunities in the global energy transition. The signing ceremony took place at J&V Energy’s Taipei headquarters, with J&V Energy General Manager Shu-Min Chao and ESPRO Chairman Stanley Kang representing their respective companies. This collaboration is set to become a milestone for advancing renewable energy, energy storage solutions, and the green economy in Thailand. J&V Energy and ESPRO: A Powerful Partnership in Green Energy Established in 2016, J&V Energy is a pioneer in renewable energy investment, with extensive experience in developing large-scale solar and wind power projects both domestically and internationally. The company’s expertise spans solar, wind, biomass, and energy storage technologies, positioning it as a key driver of innovative energy solutions across the Asia-Pacific region. ESPRO, founded by Stanley Kang, a leader with deep-rooted connections in Thailand’s political and business circles, serves as a green energy integration platform. Leveraging Kang’s extensive experience and regional influence, ESPRO has become a trusted partner in advancing green economic initiatives in Thailand, blending policy insight with cutting-edge energy technologies. Exploring Thailand’s Green Energy Opportunities As a leader in energy transition in Southeast Asia, Thailand’s updated Power Development Plan (PDP 2024) sets ambitious goals to increase the renewable energy share to 51% by 2037. The country is accelerating the development of renewable infrastructure, including floating solar, smart grids, and advanced energy storage systems. The partnership will focus on: Leaders’ Statements: A Shared Vision for Sustainability and Prosperity Shu-Min Chao, General Manager of J&V Energy, stated: “This partnership with ESPRO marks a significant milestone for J&V Energy as we expand into Thailand’s promising green energy market. By combining our expertise and resources, we aim to drive sustainable development and economic growth across Thailand and the broader Southeast Asian region.” Stanley Kang, Chairman of ESPRO, added: “ESPRO has long been dedicated to integrating renewable energy and smart grid technologies. Our collaboration with J&V Energy will enhance our market presence in Thailand and provide innovative and sustainable energy solutions to the region.” Looking Ahead: Pioneering the Future of Green Energy With the vision of “A Sustainable and Prosperous Future,” this partnership will initiate multiple large-scale projects, including smart grid development, energy storage deployment, and REC trading. The collaboration aims to support Thailand’s carbon neutrality goals while advancing energy transition across Southeast Asia.