Acciona Energía has been awarded, together with its participating company, The Blue Circle, a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand.
The projects have been allocated through a tender process by the Office of Energy Regulatory Commission (ERC) and will have a staged development timeline. The first wind farm is slated to commence construction in 2024. The individual projects' completion deadlines range from 2026 to 2030. All energy generated by these projects will be directly purchased by the Electricity Generation Authority of Thailand (EGAT, a state-owned enterprise managed by the Ministry of Energy) through a 25-year PPA. Four of the projects will be located in the Northeast provinces of Ubon Ratchatani and Amnat Charoen, while the fifth one will be built in the region of Chaiyaphum. Once operational, the combined wind farms will produce 1,141 GWh/year.