Thailand’s state grid to ink 5.2GW renewable deals in Q3

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The Energy Regulatory Commission (ERC) anticipates that power purchase agreements (PPAs) will be signed with companies chosen to participate in the 5.2-gigawatt renewable energy scheme during this year’s third quarter.

 

The Office of the Attorney General is currently reviewing the legal aspects of the scheme, which includes power plant construction projects proposed by 175 selected companies. Following the completion of this scrutiny process, the state grid is expected to sign PPAs with these companies.

 

The state grid consists of the Electricity Generating Authority of Thailand and two state electricity distribution arms: the Metropolitan Electricity Authority and the Provincial Electricity Authority. The renewable energy scheme’s 5.2GW capacity includes bio-gas (335 megawatts), wind power (1,500MW), ground-based solar farms (2,368MW), and ground-based solar farms with energy storage systems (1,000MW).

 

By Alex Morgan

Top photo caption: Gulf Energy Development's solar farms in Vietnam, Image via Facebook

 

Full Story: https://thethaiger.com/news/business/thailands-state-grid-to-ink-5-2gw-renewable-deals-in-q3

 

-- © Copyright Thaiger 2023-05-24

 

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