The 293,040 REC Peak Energy Series solar panels to be installed at the SolarCo power plants will bring the number of REC's large-scale installations in Thailand to seven.
The plants will be owned and operated by Yanhee EGCO Holding, while Italthai Engineering Co., Ltd. and Phoenix Solar Pte Ltd. will share engineering, procurement and construction responsibilities.
Around half of Thailand's primary electricity needs are supplied by imports, so the country is understandably keen to generate more itself. The aim is to have 25 percent of electricity needs met by renewable sources by 2021.
Each year, the ground-mounted SolarCo systems will feed 57,000 MWh into Thailand's power grid and reduce the country's carbon dioxide footprint by almost 66,000 metric tons. The produced electricity will be sold to Provincial Electricity Authority (PEA) under a very small power producer contract.