Cleantech Solar & Bosch ink long-term PPA for SMART factory
Cleantech Solar, a leading provider of renewable energy to corporations in Asia, and Bosch Automotive Technologies (Thailand), an entity of the Germany-based Bosch Group, have announced a long-term Power Purchase Agreement (PPA) for a 1-megawat solar PV system that will be built on-site at Bosch’s first SMART factory in Thailand, located at the Hemaraj industrial estate in the Eastern Economic Corridor.
The project will see solar modules installed across the rooftop of the Bosch’s Hemaraj factory that covers an area of about 10,000 square metres.
The system is expected to generate more than 23,500 MWh of clean energy, avoiding 13,300 tonnes of carbon dioxide emissions over its lifetime.
Thailand is the home of the strongest automotive cluster in Southeast Asia and much of Bosch’s success lies in maintaining a social and ecological balance that aims to preserve resources for current and future generations.
