Absolute Clean Energy (ACE), a prominent biomass power developer and operator based in Bangkok, is set to see a significant increase in revenue following the selection of its 18 solar power generation ventures to feed the national grid. The projects are being executed under the umbrella of ACE’s 14 entirely owned subsidiary companies.
ACE, in a recent announcement by its Director and Chief Financial Officer, Tanavijit Ankapipatchai, has been granted power purchase agreements (PPAs) by the Provincial Electricity Authority (PEA) for 15 projects. These projects, collectively capable of producing 92.7 megawatts of electricity, are expected to begin commercial operations between 2024 and 2025.
Three remaining projects, with a combined capacity of 20MW, are awaiting PPAs with the PEA. These are projected to commence commercial operations in 2027. Upon…
