The company will also supply thin film solar cell modules and surrounding systems for the Changwat Lop Buri power plant, which is located in the Kingdom of Thailand. The total project cost is approximately 250 million US dollars.
Sharp said that thin film solar cells are optimal for use in a high-temperature climate, compared to crystalline solar cells. The modules to be used in the power generation plant will be supplied partially from Sharps solar cell plant at Green Front Sakai, in Sakai City, Japan, which started operation this March.
Additionally, the company has said it will collaborate with Italian-Thai Development Public Co., Ltd. and Italthai Engineering Co., Ltd. on the design and construction of the plant and offer a business model that provides everything from related equipment procurement to system design and construction of the power generation plant, by collaborating with local companies both domestic and abroad.
In a statement, the company said: "The Kingdom of Thailand is renowned for its abundant solar radiation throughout the year. The government of Thailand targets an increase in the amount of renewable energy, up to 20 percent of the total electricity demand by 2022. The use of solar power generation is expected to grow in the future."
The Mitsubishi Corporation has also invested in the project. The company has said it will develop the project together with partners Hong Kong utilities company CLP Holdings Limited, and Electricity Generating Public Company Limited.