Banpu NEXT

Name

Banpu NEXT

Legal name

Banpu NEXT Co., Ltd.

Website

https://banpunext.co.th

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Clean Energy Solutions & Net Zero Energy Services

NAICS

Solar Electric Power Generation (221114), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Electric Power Generation (22111)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ)

akta.pro secondary industries

Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems) (IMAGAHAF), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Operations Control & Dispatch (Remote Operations Centers, Curtailment, Compliance) (EUAMAGAK)

Keywords

• Clean energy solutions
• Battery energy storage
• Solar power systems
• EV fleet management
• Net zero advisory

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Solar Power Systems: Design, installation, and maintenance of solar rooftop, floating, and ground-mounted systems for C&I customers. Revenue generated through upfront system sales (CAPEX model) or as ongoing energy service contracts (OPEX/Zero Investment model).
2. Battery Energy Storage Systems (BESS): Stationary energy storage solutions for grid stability, renewable integration, and energy trading. Includes battery farms in Japan and ESS installations for C&I customers.
3. EV Fleet Solutions: Mobility-as-a-Service (MaaS) including EV fleet management integrated with digital platform, charging infrastructure, and after-sales services for commercial electric vehicles.
4. Energy Trading: Electricity supply to committed customers and arbitrage opportunities in liberalized markets including Japan.
5. Net Zero Advisory: Consulting services for carbon footprint assessment, Net Zero strategy development, and ESG communication support.
6. Fleet Charging Services: DC Fast Charging services for commercial EVs at route charging stations across Thailand, with pricing per unit of electricity.
7. Energy Storage System (ESS) Packages: Three-tiered ESS packages (Signature, Smart, Subscription) combining solar and battery storage for businesses, with various investment models including zero investment options.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Banpu NEXT designs, installs, finances, and operates integrated clean energy systems — primarily rooftop/floating/ground-mounted solar, battery energy storage systems (BESS), EV fleet and Mobility-as-a-Service (MaaS) solutions, energy efficiency upgrades, and energy trading — for medium and large commercial and industrial (C&I) customers across Asia-Pacific. Offerings are enabled by an AI-powered digital platform that monitors production, consumption, costs, and carbon reductions in real time, and are delivered via CAPEX, zero-investment (OPEX), and subscription commercial models.

Product overview

Banpu NEXT operates as a comprehensive Net Zero Solutions provider offering an integrated portfolio of energy products and services. The core offering combines infrastructure services (renewable power generation, battery energy storage, and energy trading) with Net Zero Solutions (advisory, solar installation, energy efficiency, and EV fleet management), all supported by a proprietary AI-powered digital platform. Key products include solar and energy storage systems for commercial and industrial customers, EV fleet solutions with integrated digital management, large-scale BESS projects including battery farms in Japan, and battery manufacturing through the DP NEXT joint venture with Durapower. The company serves over 160 C&I projects across Asia-Pacific and provides 24/7 after-sales support with real-time monitoring capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• DP NEXT: Battery assembly brand joint venture between Banpu NEXT and Durapower for heavy-duty electric vehicles in Thailand.

Products and services

• Net Zero Advisory Consulting and strategy services that analyze energy usage, develop Scope 1/2/3 carbon reduction roadmaps, and plan Net Zero transitions for commercial and industrial enterprises.
• Solar & Energy Storage Systems End-to-end solar PV installation (rooftop, floating, carport, ground-mounted) combined with battery energy storage systems to deliver continuous 24/7 clean energy for commercial and industrial sites.
• Energy Efficiency: Chiller HVAC optimization services focused on chiller systems, integrated with smart energy management platforms to reduce electricity consumption in commercial and industrial facilities.
• EV Fleet Solutions (Mobility-as-a-Service) Mobility-as-a-Service platform providing commercial EV fleet management integrated with a digital platform, charging infrastructure, and after-sales services for transportation and logistics operators.
• After-sales Services 24/7 maintenance and support including preventive maintenance, real-time digital monitoring, drone thermal inspections, control-room anomaly alerts, and equipment warranty coverage throughout system lifespan.
• Battery Energy Storage Systems (BESS) Stationary battery storage projects including battery farms in Japan that stabilize renewable generation, support grid integration, and enable energy trading and arbitrage opportunities in liberalized power markets.
• Energy Trading Electricity supply services to committed client pools plus arbitrage capture across liberalized power markets, with targeting of electricity grid operators, educational institutions, government agencies, and hospitals.
• Smart Cities & Energy Management Total smart energy solutions and energy management systems for business efficiency and optimization, leveraging AI-powered digital platforms for real-time monitoring and control of energy use.
• DP NEXT Battery Assembly Battery pack assembly for electric buses and heavy-duty vehicles, executed through the DP NEXT joint venture between Banpu NEXT and Durapower Holdings; located at AMATA City Chonburi with initial capacity over 15,000 packs per year and planned expansion to 1 GWh.

Quantifiable outcome

• 60%+ electricity cost reduction for solar installations
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature2 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Durapower Holdings Pte. Ltd.coreStrategic or Co-development Partner · 16 May 2023Banpu NEXT increased stake from 47.68% to 65.1% with $70M investment. Joint venture DP NEXT established for battery assembly plant in Thailand producing batteries for electric buses and heavy-duty vehicles. Durapower is a leader in lithium-ion battery storage performance with global presence including manufacturing in China.
• Durapower Holdings Pte. Ltd. (DP NEXT JV)coreStrategic or Co-development PartnerJoint venture DP NEXT battery assembly plant at AMATA City Chonburi Industrial Estate with initial capacity over 15,000 battery packs/year, expandable to 1 GWh. 80% for domestic Thailand market, 20% for export to Southeast Asia, India, and USA.
• Green Li-ioncoreStrategic or Co-development PartnerInvestment in Green Li-ion, a Singapore-based company specializing in revolutionary lithium-ion battery recycling technology. This partnership enables Banpu NEXT to close the battery value chain loop with capabilities across manufacturing, distribution, reuse, and recycling.
• SVOLT ThailandmajorStrategic or Co-development PartnerCollaboration to set up battery manufacturing facility for EV passenger cars in Thailand, complementing the heavy-duty battery JV with Durapower.
• SolarBKmajorStrategic or Co-development PartnerJoint venture for solar rooftop projects in Vietnam targeting 390 MW in first phase. Also partnered on 227 MW rooftop solar project at Amata industrial estate in Vietnam.
• Rapid MotorsmajorStrategic or Co-development PartnerDP NEXT partnership with Rapid Motors to drive Thailand's transport sector toward EV transition and low-carbon future.
• DHL Supply Chain ThailandmajorStrategic or Co-development PartnerPartnership to provide comprehensive EV fleet solutions for industrial customers in Thailand.
• Evolution Data CenterminorStrategic or Co-development PartnerPartnership to deliver clean energy solutions for data centers in Thailand and Vietnam supporting green data center development.
• Amata VNmajorGTM or Marketing PartnerCo-investment with Amata VN and SolarBK for 227 MW rooftop solar project in Amata industrial estate, Vietnam.
• enspiredmajorStrategic or Co-development Partnerenspired raised €40M+ Series B with Banpu NEXT as investor. Banpu NEXT partnership extended to deploy AI-driven battery optimization technology in Japanese power market - company's first deployment outside Europe. enspired operates automated trading platform managing over 1 GW of assets.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BCPG Public Company Limited: Clean energy arm of Bangchak Corporation (SET-listed), operating solar, wind, and BESS across Thailand and APAC with a similar parent-backed, integrated platform model — directly comparable to Banpu NEXT's structure and customer targets.
• SCG Cleanergy: C&I clean energy subsidiary of SCG (Siam Cement Group), offering rooftop solar, BESS, and energy efficiency to Thai industrial and commercial customers — direct competitor for the same C&I decarbonization wallet.
• Energy Absolute Public Company Limited: Thai renewable + battery + EV player with vertically integrated lithium-ion battery manufacturing, EV charging, and renewable generation — closest Thai analog to Banpu NEXT's solar + BESS + EV integrated stack.
• Peak Energy: Independent power producer focused on large-scale BESS development in Japan and APAC — directly comparable to Banpu NEXT's 1 GWh Japan battery farm expansion and energy trading ambitions.

Broad incumbents

• ENGIE: Global energy incumbent with significant APAC C&I solar, BESS, and energy management operations and its Sunseap retail platform in Southeast Asia — competes broadly with Banpu NEXT across geographies and integrated offerings.
• Schneider Electric: Global leader in energy management software, building automation, and microgrid solutions — overlaps with Banpu NEXT's Smart Magic Box EMS and integrated C&I energy management value proposition.
• Tesla Energy: Operating Megapack utility-scale BESS, Powerwall, and Supercharger network — competes with Banpu NEXT in large-scale storage deployment and depot EV charging across APAC.
• Hitachi Energy: Grid automation, energy storage, and DER orchestration incumbent — overlaps with Banpu NEXT's EMS, microgrid, and large-scale BESS integration activities in Thailand and APAC.

Regional players

• ReNew Energy Global: India-headquartered clean energy major with utility-scale solar, wind, and storage across emerging Asia — competes with Banpu NEXT for APAC C&I and utility customers outside Thailand's home market.

Emerging players

• Stem Inc: AI-driven BESS optimization and energy management platform provider — closely comparable to Banpu NEXT's enspired partnership and Smart Magic Box software layer in terms of recurring, software-augmented storage revenue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCkhY_xPAwIKC0H_OSMutYyw
• Facebookfacebook.com/banpunext
• LinkedInlinkedin.com/company/banpu-next-company-limited
• Instagraminstagram.com/banpunext

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banpu NEXT