May - July's Insights
A MONTHLY NEWSLETTER BY CONSTANT ENERGY
Hi! We thought you might be interested in learning about the latest developments
in Solar Energy around your area.
Constant Energy and Shizen Energy
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Solar PPA Project with Panasonic Energy (Thailand) for 1,169 kWp Solar Rooftop Operation
Constant Energy and Shizen Energy have partnered together on a renewable energy project in Thailand. With a THB 1.5 billion (approx. US$50 million) project finance agreement with Thailand’s local bank, TMB Thanachart Bank PCL., this solar rooftop project will enable significant power cost reduction by using competitive renewable energy. It is estimated that 13,745 tons of carbon emissions will be reduced during the 20 year contract.
We are excited for this three-way collaboration to inspire others to work to improve their environmental consciousness!
Read the press release on our website:
GIVING BACK TO THE COMMUNITY
Improving Hygiene Facilities and Accommodation
Constant Energy gives back to their community by helping renovate the damaged infrastructure at Baan Tha Ta Fang School project along with Mechai Foundation and donated 30,000 THB to repair and refurbish their small dormitory and toilets.
Constant Energy Has Signed a Long-Term Commercial Solar Power Purchase Agreement with Western Digital
THAILAND, January 17, 2022: Constant Energy is pleased to have held a virtual signing ceremony for a long-term Corporate Solar Power Purchase Agreement (PPA) with [Western Digital Storage Technologies Thailand, Ltd (WD). The Solar PPA will allow WD’s factories in Bang Pa-In Industrial Estate to benefit from a 3.8MW on-site solar energy production
This new commercial solar project PPA will allow WD to register savings on electricity from day one to support the reduction of their factory operating costs. This move will help WD to increase the percentage of electricity it uses that is produced by from renewable sources and reduce associated carbon emissions and greenhouse gases.
Read the press release on our website:
CATCH UP ON OUR BLOG
The Ultimate Guide to PPAs
A solar power purchase agreement, also known as a solar PPA, is a long-term electricity supply contract that commonly lasts around 10 to 25 years. The contract is agreed upon by a power producer and an electricity consumer. They mutually agree to buy and sell a certain amount of energy generated by a renewable asset.
Constant Energy is a renewable electricity generation and storage investment platform that invests in and manages high-quality power assets in selected countries. As a solar panel developer and Independent Power Producer (IPP), we develop, design, finance, build, own and operate utility-scale and large industrial rooftop-based solar PV power plants to lead the way in alternative energy resources and renewable energy. Regionally headquartered in Bangkok, Constant Energy operates in Asia with a primary focus in Southeast Asia. We produce clean and reliable electricity to our clients for the long term, using renewable resources and clean energy fuels, enabling them to reduce their energy bill, increase profitability and enterprise value while focusing on their core business activities.
Offices: Thailand/ Singapore/ France/ Vietnam/ Malaysia
Website: www.constantenergy.net, Query: info@constantenergy.net
