SPCG to venture into solar rooftops, preparing for AEC

[webfact]

SPCG to venture into solar rooftops, preparing for AEC

BANGKOK, 3 Mar 2015, (NNT) - The government has been preparing to hold an auction for solar power contracts this month. Meanwhile, major solar power firm SPCG Co. Ltd. has planned to invest in solar energy rooftops ahead of the upcoming ASEAN Economic Community.

The auction will purchase 800 Megawatts (MW) of solar energy. Tipped to win the solar power contract, SPCG is Thailand’s leading solar energy producer. The company is capable of generating at least 200 MW of electricity and has also acquired 5,000 rai or 8,000,000 sqm of land to expand energy production.

SPCG revealed that it plans to expand its business arm overseas, citing current talks with Japanese partners to build solar farms in the island nation. The deal will likely be finalized within the first quarter of the year, and a 150 MW solar power plant is expected to begin construction in the next quarter.

The firm also said that it is exploring the possibility of installing solar energy rooftops in Myanmar, as well as other investments in the Philippines. If their Myanmar project materializes, SPCG would have an initial capacity to generate 5 MW.


-- NNT 2015-03-03

[maidee]

why not ... one solar panel per child ?

i'm sure they will be able to charge the battery of their other toy of some years ago

[halloween]

What will be interesting will be the rate they are prepared to pay for solar energy. Too many countries have been suckered into over- paying inflated prices by their 'green' supporters, to the detriment of energy consumers.

Solar and wind energy are uncontrolled inputs, subjects to variations without notice. They should attract wholesale prices LOWER than base load, as other flexible generators have to be kept running to compensate their fluctuations to maintain system voltage and cycle rate.

BTW hydro-energy, arguably equally 'clean and green', rates the highest prices because of its ability to rapidly vary for load following

[Srikcir]

With Chinese technology and expertise, SPCG can't miss generating carbon-free eletcricity for Thailand. Although it will require significant tax breaks and subsidized energy purchases as that energy is not currently cost effective against other forms of electrical generation.

[angiolo]

You will not get your outlay back before replacing it.

[halloween]

With Chinese technology and expertise, SPCG can't miss generating carbon-free eletcricity for Thailand. Although it will require significant tax breaks and subsidized energy purchases as that energy is not currently cost effective against other forms of electrical generation.

Can't miss? As long as a private company gets "significant tax breaks and subsidized energy purchases"? I have a scheme using 10,000 unemployed farmers pedaling bicycle generators that can't miss given enough subsidies and tax breaks, and they will work at night.

As for carbon free energy, do you realise that solar panels have a very low energy return for energy invested at 1.9, compared to around 100 for hydro and 80 for coal? http://en.wikipedia.org/wiki/Energy_returned_on_energy_invested

Edited March 4, 2015 by halloween