250 MW of Solar Rooftop Projects to be Developed by Tota in Thailand
25 megawatt-peak (MW) of solar rooftops for 24 facilities have been signed by Total for Betagro which is the largest food company in Thailand. These projects will benefitted by a 20-year Power purchase Agreement. Total jointly owns the largest portfolios of corporate PPAs in Thailand. This project is capable of generating about 38 GWh of renewable energy per year with over 62,000 solar panels. This will assist Betagro shrink its carbon footprint by 26 tons of CO2 and also provide about 15% of the company’s total power consumption.
Vietnam to get the Largest Solar Plant in Southeast Asia
The Trungnam Group, known to be a leading player in Vietnam in various sectors like energy, construction and real estate, is in plans to develop the largest solar power plant in Southeast Asia. This project is entitled to have an investment of around 14 trillion VND ($592 million). This 450 MW solar plant is being planned to be built in the province of Ninh Thuan in Vietnam and it will begin generating power by the end of the year. The construction of the solar farm in Phuoc Minh commune will start in the second quarter of this year and be completed in the fourth quarter, Vietnam News Agency (VNA), reported. Under its socio-economic master plan, Ninh Thuan province seeks to become Vietnam’s renewable energy hub with a total capacity of 8,000MW by 2030, it added.
Adani Green Agrees for a Joint Venture with Total Solar Singapore
Adani Green Energy Ltd approves to come into a joint venture with Total Solar and will transfer its 2.1 GW of solar projects to the new entity. The board of directors have approved a draft JV agreement between its subsidiary Adani Green Energy Twenty-Three Ltd and Total Solar Singapore Pvt Ltd. Total Solar Singapore will be responsible for a portfolio of 2,148 MW of operational solar parks that are currently owned by Adani Green.
Meralco deal with solar firm gets ERC nod
The Energy Regulatory Commission (ERC) has given the green light to a 20-year power supply agreement (PSA) between Manila Electric Co. (Meralco) and Solar Philippines Tanauan Corp. (SPTC), a company run by Leandro Leviste—son of former senator Loren Legarda. The ERC approved the two partners’ contract price of P5.39 a kilowatt-hour.The regulator also said the PSA approval should not affect ERC’s evaluation of SPTC’s application for a certificate of compliance, which would allow photovoltaic installations in two locations with a combined 50 megawatts to operate and supply Meralco.