Thai Solar Energy to Invest in 22 MW of Biomass Projects

30 Sep 22 Sept, 2016

Thai Solar Energy Co has decided to expand its renewable energy portfolio by investing in the construction of biomass power plants with a combined capacity of 22.2 MW. The company’s board has approved the acquisition of a 70% stake in Oscar Save The World Co, which has Power Purchase Agreements (PPAs) with the Provincial Electricity Authority (PEA) for two 8.8-MW biomass projects in Nakorn Si Thammarat Province. These are to go online in the first quarter of 2018 and 2019, respectively.

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