BCPG Public Company Limited (BCPG) and Chiang Mai University (CMU) have signed an agreement to jointly work on a 12 MW solar rooftop project as part of making CMU a Smart University with a blockchain-based energy trading. The agreement was signed by Mr. Bundit Sapianchai, BCPG President, and Associate Professor Prasert Rerkkriangkrai, Vice President of Chiang Mai University, at BCPG Office, M Towers Building.

CMU will buy the electricity produced from the system, including solar rooftop installation and energy storage system, which is developed and installed by BCPG, with Power Ledger as digital energy partner. The project which covers a period of 20 years will see the installation of solar panels on more than 150 buildings in the University. BCPG plans to start the installation in Q2/2019 and conduct the energy trading by the end of this year. With innovation being used, in addition to solar rooftop installation, the blockchain-based P2P energy trading system will also help create “circular economy” as there will be no excess electricity or waste in the system.

The collaboration is in line with CMU’s goal to become a Smart University consuming clean energy which also enhances Chiang Mai’s Smart City policy on applying technology with the best solutions to solve various problems, especially environmental issues.

In addition, BCPG also plans to provide educational development of CMU students by supporting the developments of student projects into startup businesses through the Bangchak Initiative and Innovation Center or BiiC.