Thailand

The new park is expected to supply power to nearly 4,000 households.

Mitsubishi Heavy Industries will build a 1,600MW gas turbine combined-cycle power generation plant in Thailand.

In its 2010 Outlook Update, the Asia Development Bank commented as follows on the Asia Pacific Region, “Despite the sluggish global recovery, the region’s growth and momentum has sustained itself in 2011, and prospects are bright for most regional economies.

Thai Solar Energy is planning to invest nearly US$447 million in the development of 135MW of solar projects using direct-steam generation.

Thai Ratchaburi Electricity Generating Holding expects higher 2011 net profit than last year due to more power plants.

Thailand's Electricity Generating Pcl or EGCO has submitted a bid for a stake in GS Power, a subsidiary of South Korea's GS Caltex, as part of an expansion drive.

Thailand's Ratchaburi Electricity Generating Holding will build power plants in Myanmar.

The Asian Development Bank (ADB) is lending $170 million to build a new power plant in Thailand that will provide clean, affordable electricity to help meet the country’s increasing demand for supply. “This is the first large independent power producer (IPP) project to reach financial close in Thailand since the 2008 global economic crisis,” said Daniel Wiedmer, Investment Specialist in ADB’s Private Sector Operations Department. “It incorporates state-of-the-art technology to generate electricity far more efficiently than coal fired systems, which are the only domestic alternative for IPPs.” The 1,600 megawatt natural gas-fired plant, which will be built in Nong Saeng district north of Bangkok under a public private partnership arrangement, will help meet Thailand’s rapidly increasing appetite for electricity. By using clean burning, combined cycle technology to curb harmful carbon releases, the plant will avoid an estimated five million tons of annual carbon dioxide emissions that would otherwise be produced by coal-fired generators. Affordably priced power is crucial for supporting Thailand’s post global crisis economic rebound, for making Thai businesses competitive, and for expanding livelihood opportunities to help reduce poverty. A subsidiary of J-Power?Japan’s largest wholesale power supplier?will develop and operate the plant, with the electricity to be sold to the state-owned Electricity Generating Authority of Thailand under a 25-year power purchase agreement. Thai energy firm PTT Public Company will supply the gas, and a group of companies led by Japan’s Mitsubishi Heavy Industries will build the facilities. ADB’s participation and willingness to provide a long-term loan helped draw co-lending support from commercial banks at a similar tenor. The availability of long dated finance gives J-Power the ability to pay down the plant’s high upfront costs over a longer term, allowing it to provide low-cost energy to consumers in Thailand. ADB is heavily involved in clean energy development in Thailand where it is helping to finance two private sector solar power projects, including one of the world’s largest solar photovoltaic plants in Lopburi. Alongside the investment by J-Power and ADB’s 23-year loan, the Japan Bank for International Cooperation and commercial banks – Mizuho Corporate Bank, Ltd., KASIKORNBANK PCL, and Siam Commercial.

The Asian Development Bank is lending $170 million to build a 1,600MW natural-gas fired power plant in Thailand.

J-Power will start work on the 1,600 megawatts scheme by year-end.

Asian Development Bank is providing a $170 million loan for a natural gas fired power plant in Nong Saeng, Udon Thani province, Thailand.

ADB will provide approximately $465 million to support the construction of a 440-megawatt hydropower plant that will supply power to Thailand.

Thailand's EGCO announced its interest in buying a stake in GS Power in order to expand outside Southeast Asia.

Despite all the negative news on Carbon, the biomass energy market will continue to grow.

ASEAN countries need to work with each other in order to achieve energy security, said Prof. Christoph Menke of the University of Applied Sciences in Trier, Germany.

Munich RE had selected Astronergy's thin-film amorphous microcrystalline silicon PV panels for a 1.65MW solar project in Thailand.