Thailand: Chonburi Clean Energy signs power purchase deal with PEA

Thailand: Chonburi Clean Energy signs power purchase deal with PEA

Chonburi Clean Energy (CCE), a joint venture involving Glow Energy, SUEZ and
WHA Utilities and Power Plc, has signed a power purchase agreement (PPA)
with the Provincial Electricity Authority (PEA) for a 8.63 MW
industrial-waste-to-energy power plant to be built in the Hemaraj Chonburi
Industrial Estate in Chonburi province.

Brendan Wauters, CEO of Glow Group, said the CCE had signed the PPA with the
PEA for a contracted capacity of 6.90 MW with a contractual term of 20
years.

Wauters said waste-to-energy projects such as those undertaken by CCE are
considered a high priority for Thailand's energy needs.

He such projects are fully aligned with Glow's strategy to focus on
carbon-light opportunities when considering new investments.

Wisate Chungwatana, CEO of WHA Utilities and Power Plc, said that the
project is in the process of Environmental Impact Assessment (EIA), which is
expected to be completed and approved by October.

Then, the project's construction period will take about 24-26 months with
the commercial operation date (COD) scheduled in December 2019. Total
investment on the project is estimated to be around Bt1.5 billion.

Steve Clark, CEO of SUEZ Asia, said SUEZ, with experience in environmental
management involving waste and water, has been operating close to 60
waste-to-energy references worldwide.

"We will bring our international experience and expertise on waste
management and development in waste treatment infrastructure to ensure that
the project will be aligned with world-class standards and will create a
proper norm for industrial waste management in Thailand," Clark said.

"Our goal is to assist the local government in its ambition to create a
circular economy and protect the environment by converting waste into green
energy."

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Link to Original Article:
http://www.nationmultimedia.com/news/business/corporate/30310549

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com