WHAUP Named Best Innovative Company Awards at SET Awards 2022 for its Peer-to-Peer Energy Trading Platform

Caption: Mr. Somkiat Masunthasuwun, Chief Executive Officer of WHA Utilities and Power Public Company Limited (WHAUP) receives the Best Innovative Company Awards 2022 for the project “Peer-to-Peer Energy Trading: Future of Energy Market” from Dr. Prasarn Trairatvorakul, Chairman of the Stock Exchange of Thailand who presented the distinction during the SET Awards 2022 ceremony held at the Stock Exchange of Thailand.

Mr. Somkiat Masunthasuwun, Chief Executive Officer of WHA Utilities and Power Public Company Limited (WHAUP), announced that the company received the Best Innovative Company Awards at the SET Awards 2022 for its “Peer-to-Peer Energy Trading: Future of Energy Market”, a power trading platform in industrial estates. The platform was developed to allow buyers and sellers to freely trade solar energy using blockchain technology. This reflects the company's commitment to adopt innovations in line with its plan to drive sustainable growth in the future.

WHAUP continually develops innovations to increase the competitiveness of its customers in the Group’s industrial estates. It also supports government policies to reduce greenhouse gas emissions and provide opportunities for entrepreneurs to expand their renewable energy projects.

The Best Innovative Company Awards reinforces WHAUP’s leadership in the development of innovations in the utilities and power businesses, in line with good corporate governance and responsibility to communities, society and the environment. The Peer-to-Peer Energy Trading platform aims to expand opportunities to develop solar power projects in industrial estates.

“The Best Innovative Company Awards is a prestigious distinction that reflects WHAUP's DNA and its commitment to create quality work that can bring change to society. WHAUP has now become a respected player and represents a successful model for other companies, which help raise up the standards of bringing sustainable growth to the country’s economy and industries in the long run,” said Mr. Somkiat Masunthasuwun.