Prime Road Group starts selling 18-MWs of solar to Thai utility under 25-year PPA

Written By: Stratton Report
February 7, 2017

On February 7, Prime Road Group announced the completion of four solar farms totaling 18-MWs DC of capacity in Thailand. The electricity from the Prime Road Group Co-Op Project will be sold via a 25-year PPA with the Provincial Electricity Authority of Thailand at a rate of THB 5.66 ($0.16) per kilowatt hour.

According to Prime Road Group, its Co-Op Project is located across the Ayutthaya and Pathum Thani Provinces.

Prime Road stressed that the project was developed under Thailand’s Governmental Agency and Agricultural Cooperatives Program, which is intended to increase solar PV capacity as part of a target 30 per cent renewable energy by 2036.

Per the developer, First Solar was the module supplier and Bouygues-Thai Ltd – a subsidiary of the French Bouygues Group – was the EPC contractor for the Project.

Surachet Chaipatamanont, Prime Road Group’s Director noted:

We have developed a broad range of renewable energy projects in Thailand and Japan, and the Prime Road Group Co-Op Project adds to our growing regional portfolio of high-quality solar farms developed, owned and operated by our group. First Solar’s thin-film technology was selected for Prime Road Group Co-Op Project because of its superior energy performance attributes compared to traditional solar modules, making it suitable for the hot and humid conditions in Thailand.

Robert Bartrop, First Solar’s Director of Business Development in Southeast Asia and China remarked: “The completion represents a significant installation of First Solar modules in Southeast Asia, and we congratulate Prime Road Group and Bouygues-Thai on the successful delivery of this milestone project today. First Solar’s partnership with the Prime Road Group Co-Op Project reflects the value of First Solar technology in hot and humid climates such as Thailand, and we look forward to supporting future projects and the country’s renewable energy targets.”

Patrice Bard, Managing Director of Bouygues-Thai Ltd. observed: “Bouygues-Thai is very proud to have contributed to this project, committing to a higher level of performance to the Prime Road Group project thanks to the technical advantage of the thin-film modules developed by First Solar.”