Ratchaburi Electricity is Investing in Two Solar Farms in Australia with A total Investment of THB6.9b

Date: 2015-08-27

Ratchaburi Electricity is investing in two solar farms in Australia with combined capacity of 53 MW and a total investment of THB6.9b. The investment be carried out by its 80%-owned subsidiary, Ratch-Australia. The solar farm will replace Collinsville coal-fired station which was shut down last June. The 23 megawatt Collinsville Solar PV has been granted development license and it plans to operate commercially in 2015. The 30 megawatt Collinsville Solar Thermal has received A$2.5 million or THB75 million financial support from the Australian government to conduct feasibility study and expects additional subsidy from the government to make it commercial worthiness and become a prototype of solar thermal technology in Australia. The project development will start in 2015, for commercial operation in 2017 The investment will increase the Australian subsidiary’s capacity to 870MW and Ratch’s renewable capacity to 209MW representing 3.3 per cent of its total 6,303MW capacity. (Bangkok Post)

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