Total, through its affiliate Total Solar Distributed Generation, has signed a binding contract to provide 25 megawatt-peak (MWp) of solar rooftops for 24 facilities of one of the largest food companies in Thailand, Betagro.
Courtesy of NREL
Each one of the projects benefits from a 20-year Power Purchase Agreement (PPA). Jointly they constitute one of the largest portfolios of corporate PPAs in Thailand. Equipped with over 62,000 solar panels, the projects are designed to generate nearly 38 GWh of renewable electricity per year, helping Betagro shrink its carbon footprint by 26.000 tons of CO2 over the life of the solar rooftops while providing about 15 percent of the company’s total power consumption.
“With this project in Thailand, Total Solar Distributed Generation continues to grow its reach in the dynamic solar market in Southeast Asia where renewables will represent 30 percent of power generation sources by 2040” said Julien Pouget, Senior Vice President, Renewables at Total. “We are committed to helping our commercial and industrial customers drive down both their energy costs and carbon footprint by providing reliable fully integrated solar solutions".
Mr. Vasit Taepaisitphongse, CEO and President, Betagro Group added that Betagro runs business on the sustainable way which not only improves society’s quality of life while reducing impact to environment but also encompasses the company’s strong interest in clean and environmentally friendly energy such as solar power. The implementation of these solar-powered solutions will be very beneficial to Betagro’s operations, effectively managing to drive down costs and the impact on environment.
Total is aiming to build a portfolio of low-carbon businesses that could account for 15 to 20 percent of its sales by 2040. Total's gross low-carbon power generation capacity worldwide is currently close to 7 gigawatts including 3 gigawatts from renewable energies. It’s current objective is to deploy 25 GW of installed power generation capacity from renewable sources by 2025. Over 5 GW of solar projects has been announced by the group since the beginning of 2020.