Constant Energy signs with Ampas for 4.3MW of corporate solar PPAs in Thailand

The seven PV systems have already been designed while licensing and permitting are on-going. Credit: Constant Energy

Constant Energy has signed power purchase Agreements (PPA) with Thailand-based automotive firm Ampas Group for 4.38MW of rooftop solar projects to be installed across seven manufacturing plants at the Bangpoo Industrial Estate.

Power will be supplied directly from Constant Energy’s rooftop PV systems to Ampas. At present, it is not possible to export excess power from such systems to the grid in Thailand.

Franck Constant, president of Constant Energy, said: “Since the beginning of the year, our company has executed several long-term PPAs, with some assets that are already operational. We look forward to investing more in Thailand, with its track record of liberalized and resilient private power sector. The corporate PPA such as these ones with high credit, stable off-takers, are a growing part of our company’s power sale business, providing long-term clients with renewable, predictable and competitive electricity.”

The seven PV systems have already been designed while licensing and permitting are on-going.

Constant Energy has already completed a PV plant at the Schneider Electric factory in the same industrial estate in August this year.

At the Solar and Off-Grid Renewables Southeast Asia (SORSEA) event this week in Bangkok, Constant predicted that one third of all renewable energy PPAs in the region would be corporate in the next 3-5 years, with many delegates pointing to a significant surge in demand from MNCs in the ASEAN region.

Read Next

September 15, 2022
The Association of Southeast Asian Nations (ASEAN) will deploy 241GW of solar PV by 2030, with the technology dominating new capacity additions.
September 13, 2022
Vehicle electrification solutions provider XL Fleet has acquired Spruce Power, an owner and operator of residential rooftop solar systems in the US with more than 52,000 subscribers across 16 states.
July 20, 2022
Software provider Aurora Solar has launched new artificial intelligence (AI) solutions for lead capture, design and sales teams that it says can lower the soft costs of delivering rooftop PV.
July 5, 2022
Financial services and technology company Nelnet has acquired GRNE Solar, an EPC that designs and installs residential, commercial and utility-scale solar in the US Midwest.
July 5, 2022
European and Ukrainian solar trade associations have called for Ukraine’s post-war recovery to be based on renewable energy, urging the country’s leaders to set a target of at least 50% of renewables in electricity production by 2030.
July 4, 2022
The Australian state of Victoria is promoting the uptake of rooftop solar as part of a new strategy aimed at reducing gas use and lowering household energy bills.

Subscribe to Newsletter

Upcoming Events

On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)
Solar Media Events
November 29, 2022
Malaga, Spain