SULZEMOOS, GERMANY: Phoenix Solar Pte Ltd in Singapore, a subsidiary of Phoenix Solar AG, which is a leading system integrator listed on the German TecDAX, has signed a contract with Solarta Co Ltd for two photovoltaic power plants in Thailand. The two power plants have a peak power of 9.7 and 6.2 megawatts and are located to the north west, around two hours’ drive from Bangkok.
Phoenix Solar Singapore will be working closely together with the Thai company Process Engineering Services Co Ltd (PESCO) on this large project. Phoenix Solar is responsible for planning the two power plants and will be supplying the solar modules, inverters and cables. PESCO will carry out the construction on site.
Construction work on the Sai Yai and Sai Thong solar parks started already in June. The power plants are to be connected to the grid of Provincial Electricity Authority (PEA), the local energy supplier, by the end of the year.
The project sites receive around 1,850 kWh of sunlight per square metre annually. The electricity yield from more than 67,000 SCHOTT solar modules and SMA inverters is anticipated to be more than 25,000 megawatt hours a year. This is enough to supply around 10,000 Thai households with green electricity.
Solarta Co. Ltd as the principal is a joint venture between Yanhee Solar Power Co Ltd and Ratchaburi Electricity Generating Holding PLC, an independent power producer.
Thailand has had a remuneration system for renewable energy since 2006, consisting of a basic feed-in tariff and an "adder" tariff. During the first ten years, solar electricity produced by these two projects will be remunerated at a rate of around 25 euro cents (converted from Baht) per kilowatt hour fed into the grid. From year eleven onwards, the prevailing wholesale tariff will apply, which is currently around seven euro cents.
Dr Supot Sumritvanitcha, MD of Yanhee Solar Power Co Ltd, stated: "We chose Phoenix Solar and PESCO because of their strong reputation for product and construction quality and on-time completion. They deliver the ideal combination of high-tech German engineering and technology with local construction and management know-how."
"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," commented Dr Andreas Hänel, Chief Executive Officer of Phoenix Solar AG.