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Economy 16 Dec 2024

IRPC Advances Renewable Energy with 74.88MW Solar Project

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IRPC’s solar power plant in Songkhla boosts energy security and drives sustainability goals in Thailand.

IRPC Public Co., Ltd. (IRPC) is making strides in renewable energy with the development of a 74.88-megawatt solar power plant on its 716-rai estate in Chana District, Songkhla. The project, undertaken by IRPC Clean Power Company Limited (IRPCCP), a joint venture with Global Power Synergy Public Company Limited (GPSC), aims to enhance energy security and promote sustainable growth in southern Thailand.

Terdkiat Prommool, President and CEO of IRPC, announced that the Energy Regulatory Commission (ERC) has granted a concession to IRPCCP to operate as a producer and trader of renewable electricity under the Feed-in Tariff (FiT) scheme for 2022–2030. The project aligns with Thailand’s Power Development Plan (PDP2018 Rev.1) to increase the proportion of renewable energy in the national power system.

The solar power plant will have a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (EGAT) and is expected to begin commercial operations by 2028. Construction is slated to take 12–15 months.

This initiative supports IRPC’s Net Zero commitment and aligns with the sustainability goals of the PTT Group. Additionally, it maximises asset utilisation, boosts economic growth in the region, and enhances energy security through efficient and sustainable practices.

For IRPC, the “IRPCCP-CHN” project marks a significant milestone in renewable energy development and reaffirms its leadership in driving Thailand toward a sustainable energy future.

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