Awards

On September 27, 2017 TPI Polene Power Plc. was awarded the first runner-up ASEAN Energy Award 2017 for the Renewable Energy Project in the “On-grid” -Grid category from the 60MW Power Plant from refused-derived fuel (RDF). The ASEAN Energy Business Form 2017 was held at Conrad Hotel in Manila, the Philippines.

On September 19, 2017, TPI Polene Power Plc. received the certificate for reduced carbon dioxide gas from the processing of Refused-derived Fuel (RDF) plant from municipal solid waste under the project “Thailand Voluntary Emission Reduction Program: T-VER” from Thailand Greenhouse Gas Management Organization (“TGO”) on September 20,2017 at “Roiduangjai Ruamjialodlokron 2007” event, which was held to honor the good work and the Thai organizations from governmental and private sectors, local administrative organizations, and public sector for their administrative management and activities to effectively reduce the green gas emission. TPI Polene Power participated in reducing green gas emissions, which mitigated the impact to the environment and drove Thailand toward low-carbon economy and society.

On August 21, 2017 TPI Polene Power Plc. received a “Thailand Energy Award 2017”, the outstanding performance reward in the category of On-Grid Renewable Project for the Power generation of 60MW from Refused Derived Fuel (RDF) Project from the Department of Alternative Energy Development and Efficiency under the Ministry of Energy. This award was to honor and admire those who have outstanding performance for energy conservation and alternative energy development, and to exemplify and encourage the energy conservation in larger scale.

On August17, 2017 TPI Polene Power Plc. won a CSR-DIW Award 2017, in the category of “Standards for Corporate Social responsibility”, from the Department of Industrial works, Ministry of Industry, as a corporation which focused on the importance of “Corporate Social Responsibility” to consistently preserve society while creating sustainable public well-being in surrounding communities.

In 2009, WHPP-40MW was recognized as a “Crown Standard” CDM project by the Thailand Greenhouse Gas Management Organization, a recognition given to energy projects that contribute to the development of environmental and social sustainability. The Thailand Greenhouse Gas Management Organization is an autonomous governmental organization that promotes the reduction of greenhouse gas emission in Thailand.

The Company received the Thailand Energy Awards 2014 from the Department of Alternative Energy Development and Efficiency (the “DEDE”) under the Ministry of Energy of Thailand (the “MOE”) for adhering to best practices for energy efficiency and renewable energy among off-grid connected renewable power generation projects.

In the Renewable Project Awards 2014 held by the ASEAN Centre for Energy, the Company was named the second running-up in the “off-grid—thermal” category. The ASEAN Centre for Energy is an organization that promotes environmental sustainability in the energy sector in ASEAN countries.

The Company received the Thailand Energy Awards 2014 from the DEDE for adhering to best practices for energy efficiency and renewable energy among on-grid connected renewable power generation projects with an installed power generation capacity of at least 20MW.

On July 28, 2016, TPI Polene Power won a CSR-DIW Award 2016, in the category “Standards for Corporate Social Responsibility”, from the Department of Industrial Works, Ministry of Industry, as a corporation which focused on the importance of “Corporate Social Responsibility” to consistently preserve society while creating sustainable public well-being in surrounding communities.

The certificates that TPI Polene Power has been awarded as above are considered an important part of its success in pursuing business operations with an adherence to fostering a good governance corporate culture while creating public well-being in surrounding communities and consistently protecting the surrounding environment in order to create sustainable development for societies.

On September 19, 2016, TPI Polene Power participated and registered in the project “Thailand Voluntary Emission Reduction Program: T-VER” from Thailand Greenhouse Gas Management Organization (“TGO”) and promoted investment in projects for the processing of RDF from municipal solid waste that helps reduce the greenhouse gas emissions that cause global warming and reduce carbon dioxide gas in the equivalent amount of 34,754 tons per annum. It enables TPI Polene Power to generate revenues from the sale-purchase of carbon credits for the upcoming power plant and help creates good will towards TPI Polene Power for its commitment to be a prototype of a good corporation, leading to sustainable preservation of the surrounding environment.