GPSC partners up with Electrify, Singaporean tech start-up company, to develop and implement a Peer-to-Peer energy trading platform, enhancing GPSC’s smart energy solution.

Mr. Worawat Pitayasiri, President and Chief Executive Officer of Global Power Synergy Public Company Limited or GPSC, the innovative power flagship of PTT Group, and Mr. Martin Lim, Chief Executive Officer of Electrify Pte. Ltd. or Electrify, signed a Memorandum of Understanding to develop and implement a cloud-based Peer-to-Peer energy trading platform in Thailand. The platform will be integrated with GPSC’s smart energy solution by Combined Heat and Power Producing Co., Ltd. (CHPP) (a wholly-owned subsidiary of GPSC) to offer customers in early technology adopter group to deploy in multiple pilot sites, making a master prototype for use case extension of decentralized energy, distributed solar generation and energy storage system in future potential projects.