The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar.
Increasing the role of solar PV in its energy mix from 6 GW to almost 17 GW is one of IRENA’s key recommendations for Thailand. Noting that RE national targets could be comfortably surpassed by a quarter to reach more than 37% by 2036, its report finds more ambitious deployment could save over US$9 billion annually, proving to be a major turning point for the entire economy.
The Smart Energy Hackathon Southeast Asia taking place in Bangkok on September 8 – 10, 2017 will serve as a starting point to a larger support program to build smart energy startups in the region.
Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar.
The Chinese inverter manufacturer ships CP2000 Station-S compact central inverters to three 5 MW sub-plants of a 20 MW solar farm in Thailand. Fourth sub-plant completed with Growatt’s string inverter.
The Bangkok-based company acquired the rights to build and run a 154.98 MW solar array in Onikobe, Miyagi prefecture.
The U.S.-headquartered producer of thin film modules collaborated with Thai renewable energy developer Prime Road Group to supply its modules to four separate solar farms in Thailand.
Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.
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