The Diplomat
Acciona Energy, together with its Asian subsidiary The Blue Circle, has been awarded a long-term clean energy supply contract (PPA) for five 436 megawatt (MW) wind projects in Thailand, reports Europa Press.
The company announced yesterday that the first wind farm is scheduled to start construction in 2024, while the completion date of the projects will take place gradually between 2026 and 2030.
All power generated will be purchased directly by the Electricity Generating Authority of Thailand (EGAT, a state-owned company managed by the Ministry of Energy) through a 25-year long-term power purchase agreement (PPA), as part of the Thai government’s plan to secure up to 30% renewable energy supply by 2037.
Four of the projects will be located in the northeastern provinces of Ubon Ratchatani and Amnat Charoen, while the fifth will be built in the Chaiyaphum region.
Once operational, the wind farms will together produce 1,141 GWh/year, reducing CO2 emissions by 645,000 tonnes per year, equivalent to taking 250,000 cars off the road or planting 19 million trees.
Acciona Energy reached a strategic agreement with The Blue Circle in September 2022 to develop, build and operate projects in Southeast Asia.
The entity – headquartered in Singapore and with Acciona Energía holding close to 50% of the capital – has an installed operating capacity of 84 MW in Vietnam and a pipeline of 3.8 GW in Vietnam, Thailand, the Philippines, Cambodia, Indonesia, Malaysia and Sri Lanka.
