German Conergy to install 21 MW of solar capacity in Thailand

Nov 8, 2012 - German solar equipment maker Conergy AG (ETR:CGYK) said Thursday it would develop 21 MW of solar power projects in Thailand for Thai Solar Energy Co Ltd (TSE).

Conergy will design and engineer the two PV facilities, slated for completion in February 2013, and will also be involved in the component supply and installation of the power plants in the Suphanburi and Kanchanaburi provinces of the Asian country. The installations will generate over 29,500 MWh, enough to meet the electricity needs of 14,000 local homes, Conergy calculates.

The project is in line with the Thai government's commitment to meet 25% of the country's energy demand with renewables by 2022, Conergy's president for Asia and Middle East Alexander Lenz said. Using solar energy in the country is encouraged through power purchase agreements (PPAs). Total of 2,205 MW solar PPAs have approved already but only 286 MW are currently connected to the grid, leaving 1.919 MW in the photovoltaic pipeline.

TSE operates one 5-MW solar thermal power installation in Thailand.

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