Conergy has strengthened its market position in Thailand with a major 31.5MW order that brings the company’s total capacity signed with Siam Solar Energy to 52.5MW since autumn 2012. At present Thailand is aiming for a target of 25% energy generation from renewables by 2022.
Siam Solar Energy (SSE) is a subsidiary of Thai Solar Energy Company Ltd (TSE). Conergy started construction of two plants, with a total capacity of 21MW, for SSE in autumn last year with a view to connection in the first quarter of 201. Three additional solar parks with an installed capacity of 10.5MW are due to follow.
“We have made many important decisions already last year to strengthen our international project business and to significantly expand it in the solar growth markets” said Conergy CEO Dr. Philip Comberg. “With this large-scale project in Thailand we let action follow our decisions. For the future, we intend to work on large-scale projects specifically and long-term with financial investors and strategic industrial customers who want to expand their portfolio like SSE with independent energy power plants. In addition to the growing Asian markets such as Thailand, we are focusing our efforts on the American solar market.”
The three new plants are located in the provinces of Suphanburi and Kanchanaburi in western Thailand, some 130 kilometres from Bangkok. Conergy is acting as the general contractor with responsibility for planning, engineering and design as well as for the supply of components and installation. The plants will cover around 790,000 square metres in total and Conergy is collaborating on the construction work with Annex Power and Ensys.
SSE multiplied its solar capacity by a factor of 8 last year and intends to expand further. With nine power plants and a total capacity of 70MW Conergy is hoping to become one of the market leaders in Thailand. At present the country is subsidising solar energy but is hoping to reduce its energy imports upon which it mainly relies at present. Energy demand in the country is also predicted to rise by 39% over the next nine years according to the Thai Board of Investment and so investment in renewable energy is currently one of Thailand’s top priorities. Meanwhile Conergy is hoping to reach grid parity in the country due to its high irradiation levels and falling PV prices.
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