FRIDAY, March 29, 2024
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WHA Utilities and Power targets major expansion of solar rooftop business

WHA Utilities and Power targets major expansion of solar rooftop business

WHA Utilities and Power Pcl aims to expand its solar rooftop business, both inside and outside industrial estates, with several new customers waiting to finalise their contracts, the company said.

The company is confident of securing new contracts with a combined capacity of 50 megawatts in 2020. It recently signed solar rooftop installation contracts for two Honda factories in Rojana Industrial Park, Ayutthaya, and in Prachinburi, for a total capacity of 5MW, due for completion in the third quarter this year.
The company's chief executive officer, Niphon Bundechanan, said that the company would continue to expand its solar rooftop installation business and expects to secure new contracts for 50MW in 2020 and 100MW in 2022.
Recently, the company signed a contract with Honda Automobile (Thailand) Co to install solar rooftop cells at two factories in Ayutthaya and Prachinburi provinces for a combined capacity of 5MW. Of the total, the 2.5MW solar rooftop cells will be installed at the Honda factory in Rojana Industrial Park, Ayutthaya, to generate electricity to be used in the production and wastewater treatment plant.
Another 2.5MW solar rooftop cells will be installed at the Honda factory in Rojana Industrial Park, Prachinburi to generate electricity for the production lines. The solar rooftop installations, which began in April 2020, will offset Honda's carbon dioxide emissions by 100,000 tonnes throughout the system's lifespan.
The company has already signed solar rooftop installation contracts with 43 customers, of which 29 are in WHA Group's industrial estates and logistics parks, and 14 are non-industrial estate customers.
Moreover, 80 potential customers are showing interest in solar rooftops and are in talks for installation, expected to be completed within this year, the CEO said.
"The company has plans to further expand its business with the development of renewable energy solutions, especially solar rooftops. It recently signed a memorandum of understanding with the Electricity Generating Authority of Thailand to jointly conduct a feasibility study to develop new energy innovations such as smart microgrid, peer-to-peer energy trading, net metering and energy storage system in WHA Group's industrial estates. These innovations are expected to provide convenience for solar rooftop customers in industrial estates. For 2020, the company has set an ambitious target of 591MW in terms of shareholding equity," Niphon said.

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