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ACE wins 18 community power plants 50 MW to reach the goal of 1,000 MW

Mr. Thanachai Bunditworaphum Chief Executive Officer Absolute Clean Energy Public Company Limited or ACE revealed that Energy Regulatory Commission (ERC) Announcement of the list of candidates selected to participate in the community power plant project for the basic economy (Pilot Project) On September 23, 21, ACE’s subsidiaries have been selected to participate in the project, totaling 18 companies, 18 projects (1 subsidiary per 1 project), representing total installed capacity. 59 MW and a total capacity of 50 MW respectively. The projects that have been selected are all 18 biogas power plants.

The next step will be to study the conditions for signing a power purchase agreement with the Provincial Electricity Authority. and sign a power purchase agreement within 120 days after the ERC announces the list of names by specifying the date to distribute electricity to the commercial system within 36 months from the date of signing the power purchase agreement or within 21 January 2025

“Being selected to bid for this community power plant project It is another milestone for the company that demonstrates its potential and expertise as a clean energy leader. This reinforces the target of increasing production capacity of more than 12,000 megawatts, more advanced The key factor that made the company highly successful in this auction. This is due to the long experience accumulated in the development and operation of environmentally-friendly clean power plant projects in many areas. and the important thing is Farmer’s network along with both biomass and bio-based raw materials as well as expertise in research and development of energy crops Moreover, it is a proposal that believes that The power plant will bring maximum benefits to the communities in each area.” Mr. Thanachai said

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