Thailand greenlights 29.5 MW of solar projects valued at $75.6 million

Thailand’s Industry Ministry has approved five new solar plants with a combined capacity of 29.5 MW as demand for electricity in the country continues to grow.

According to Thai daily The Nation, the five solar projects comprise the 7.5 MW, THB 560 million ($13.8 million) Solar Power/Sakon Nakorn 2 plant in northeastern Thailand; the 6 MW, $18.1 million Siam Solar Generation project; the 6 MW, $14.6 million ESPP Project 1; the 6 MW, $14.5 million ESPP Project 2; and the 4 MW, $14.6 million ESPP Project 3.

The Ministry greenlit the projects along with four other new industrial plants, including a biomass power facility.

Reflecting Thailand’s economic development, demand for electricity in the country has continued to grow.

The fast-growing Thai market is expected to generate 18 GWh of electrical power a year. The Thai government is expected to add 2 GW of solar by 2020.In May, Thai solar project developer Natural Energy Development Co. completed a $335 million, 84 MW photovoltaic plant in the country’s Lopburi province. In the same month, China’s Grace Solar supported a local 11.7 MW solar park, providing a ground mounting system for the project.