Work on both the Sai Yai and Sai Thong solar parks, worth 9.7 and 6.2 MW respectively and located around two hours drive north west of Bangkok, is already underway. They are scheduled to be connected to Provincial Electricity Authoritys grid by the end of the year.
The German parent company says that Phoenix Solar Singapore will work closely with Thai company Process Engineering Services Co Ltd. Meanwhile, it will both plan the two projects, and supply the 67,000 Schott Solar photovoltaic modules, SMA inverters, and cables needed to kit them out.
Phoenix Solar goes on to explain that the project sites receive around 1,850 kilowatt hours of of sunlight per square meter annually. As such, the photovoltaic systems are expected to generate 25,000 MW hours of energy a year which, it says, is enough to supply around 10,000 Thai households with electricity.
It adds that during the first ten years, the energy electricity produced by the two projects will receive a tariff of around 25 euro cents (converted from Baht) per kilowatt hour fed into the grid, after which the prevailing wholesale tariff will apply. This is currently around seven euro cents.
Commenting, Andreas Hänel, Phoenix Solar CEO said: "We are delighted by this strategically important project in Thailand. Our intention is to concentrate our projects business more on the regions of Asia, the Middle East and the USA. Following our first megawatt project in Saudi Arabia, the two projects in Thailand are another important milestone for us."