Thailand’s biggest wind powered energy firm, Wind Energy Holdings said they plan to branch out and invest in other sources of environmentally friendly electricity including solar, hydro and biomass in an effort to increase their electrical capacity according to their chief executive.
In recent years Thailand has become Southeast Asia’s leading developer of sustainable clean energy with providers now attempting to guarantee a minimum level of supply.
Speaking in a recent interview the Wind Energy Holdings Chief Executive Emma Collins pointed out that most of the wind in the region occurs at night so other sources of providing electricity are needed during the day to “balance the mix.”
She noted that after receiving a loan of $1.14 billion from the Siam Commercial Bank five onshore wind farms with a capacity of 90 megawatts each would become operational before the end of this year which would increase WEH’s total capacity to 720 MW.
Thailand has set the target of a 3,000 MW capacity from wind generated electricity by the year 2036, currently it stands at 615 MW as of the start of 2018.
Thailand is currently Southeast Asia’s leading solar powered energy provider and as of 2016 made it into the top 15 countries in the world according to the International Renewable Energy Agency.
A court ruling in 2017 temporarily halted solar powered developments on farmland here in Thailand, Collins said that increased clarity regarding the rules for such developments is now required for projects to move forward.
Studies into other sources of renewable energy are now being conducted and expansion plans in neighbouring countries including Vietnam, Cambodia and Laos are also being considered.
Source : Reuters
Content : LovePattayaThailand