Smart farming in the offing
Banpu Next offers range of solutions
Banpu Next Co, an energy technology arm of the Banpu Group, plans to use its smart farming solutions to support farmers, including those interested in developing cannabis plantations, as digital technology is expected to play an increasing role in the agricultural sector.
Smart farming is among three new projects Banpu is preparing to launch soon. Others are a smart safety zone project and micro grid development on 80 islands.
James Phataminviphas, senior vice-president of Banpu's energy technology section, said the company is looking for new business opportunities in the agricultural sector, including plants that can be grown in a temperate climate, fruits and flowers.
Marijuana is among the potential crops after the government took it off the narcotics list two years ago and now allows farmers to grow it for medical purposes.
Smart farming, which promotes the use of digital management, will help farmers better deal with farming.
According to Banpu, smart farming is part of its smart energy solution services, which are designed to be fast-growing businesses over the next five years.
Mr James said a recent research study showed the number of new-generation farmers who use digital platforms to manage their jobs stands at around 1 million, or 6% of all Thai farmers.
James Phataminviphas, senior vice-president of Banpu's energy technology section.
This provides Banpu with an opportunity to provide its smart farming solution services.
Other smart energy solutions are also in the firm's focus, including a smart safety zone project.
The project is a new management concept aimed at avoiding accidents, crime and other dangerous occurences at tourism sites, with the help of data analytics for surveillance. The firm is showcasing a project in Phuket.
The smart energy solution projects are part of Banpu's five-year business plan announced by the firm on Wednesday.
Mr James said the push for smart energy solutions is in line with post-pandemic lifestyles among people who are increasingly interested in smart applications for clean energy management.
Meanwhile, Banpu expects its electricity generation capacity based on renewables to rise 60% to 1.6 gigawatts within 2025 from 1.07GW at present.
The firm is also showcasing a smart safety zone project in Phuket.