Thailand, Bangkok, 14 May 2021 – Cleantech Solar, a leading provider of renewable energy to corporations in Asia, has commissioned a 1 MW solar PV rooftop project in Thailand for a global market leader in the logistics industry. The project has a long-term purchase agreement (PPA) where Cleantech Solar will provide full turnkey financing, designing, installing, maintenance and operation of the PV system across the period of the agreement.
The 1 MW solar PV system consists of more than 2,700 solar modules built across four warehouses that will produce over 1,300 MWh of electricity, avoiding 760 tonnes of carbon dioxide emissions in the first year. This electricity generated could power up over 30% of the total energy requirements in the facilities, helping the logistics company reduce its on-site energy costs.
Raju Shukla, Cleantech Solar Founder and Executive Chairman said:
“A greener and more sustainable supply chain is good not only for the environment but also pivotal for business. As corporate leaders are defining the industry benchmark for responsible business practices, we are proud to be selected by some of these corporations to be their long-term solar partner to deliver a reliable and cost-efficient renewable energy solution.”
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 500 MW across the various stages of operations, construction and development. This includes installations in India, Indonesia, Cambodia, Malaysia, Thailand, Vietnam and Singapore.
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
- State of the art control room delivering optimized performance in real time