Bangkok, Thailand, 16 June 2022: Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India, has powered up two rooftop solar PV systems in Thailand – a 1 MW rooftop solar PV project in Pathumthani province for a major consumer electronics multinational, and a 500-kW solar PV system at the manufacturing facility of another multinational plastic products manufacturer for the automotive industry in Rayong. Both projects have been delivered under long-term power purchase agreements (PPAs).
The solar projects have been completely financed, designed and installed by Cleantech Solar, and will be operated and maintained by Cleantech Solar during the term of the PPA. The projects are expected to have a combined generation of over 34.7 GWh of clean electricity during their lifetime, which is equivalent to offsetting over 20 kilotonnes of CO2 emissions, thereby enabling the offtakers to realise their goal of making the switch to green energy and powering operations sustainably.
Raju Shukla, Founder and CEO of Cleantech Solar, said:
“It is a matter of immense happiness for Cleantech Solar to partner with some of the world’s leading corporates as they embrace green and renewable solar power to run their operations. The commissioning of these two projects in Thailand underscores the commitment of top corporates towards sustainable business practices. Our high-quality solar PV solution will help these clients derive the benefits of clean energy by way of significantly reduced emissions and electricity costs, and will provide security of energy supply, whilst contributing to Thailand’s clean energy transition.”
About Cleantech Solar (www.cleantechsolar.com):
Cleantech Solar is a pan-Asia supplier of renewable energy to corporates, combining the capabilities of a regional player with responsiveness and agility.
Headquartered in Singapore, Cleantech Solar has been selected for numerous solar power plants across India and Southeast Asia, covering over 600 MW across the various stages of operations, construction and development. This includes installations in Singapore, India, Cambodia, Indonesia, Malaysia, Thailand and Vietnam.
Cleantech Solar is backed by long term strategic shareholders – Keppel Corporation, Keppel Asia Infrastructure Fund and Shell Eastern Petroleum.
The company helps corporations to meet their sustainability goals, offering them a unique combination of:
- Shared values ensuring long-term partnership
- Leading technical expertise with a strong focus on delivering safe and high-quality projects
- Experienced local teams in all markets to ensure compliance and smooth execution
- Virtual control room managing the whole cycle of operations, monitoring and comprehensive maintenance of our solar PV plants, thereby delivering optimised performance in real time
These projects are co-funded by Climate Investor One.
Read the press release in Thai.