The Singapore subsidiary of German EPC, Phoenix Solar, has won the contract to engineer 36MW of new solar power capacity in Thailand.
Last month Solarco, a joint venture between Yanhee Solar Power Company and IPP Electricity Generating Public Company, inked a contract with a banking consortium to finance solar power plants totalling 72MW in Thailand.
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Phoenix Solar Singapore has now been selected to provide EPC services for 36MW of this new capacity.
The company will work on three 12MW solar parks located in the Thai provinces of Suphanburi and Nakhonpathom.
The deal includes supply of solar modules, inverters and cables. Phoenix Solar expects to use around 144,000 crystalline REC Solar modules and 36 SMA central inverters.
EGCO is leading the JV while Phoenix Solar Singapore will plan and construct all three power plants in collaboration with PESCO, a local developer.
Pongsapat Theppratuangthip, EGCO’s senior vice president of the domestic business development said: “We needed to rely on an experienced team for this project. Both Phoenix Solar and PESCO enjoy an excellent reputation here in Thailand, blending a solid combination of international design and engineering expertise with local construction and management know-how.”
Christophe Inglin, Phoenix Solar’s managing director said: “It is rewarding to see the confidence of investors and lenders in the Phoenix-PESCO team to develop durable and high performance solar power plants.”
Bernd Köhler, chief executive officer of the parent company Phoenix Solar AG said: “A major focus of our operations is currently on the strong growth regions in Asia and the US. The Solarco project is testament to the strategic direction we have taken and lays an important foundation for our further growth in this market.”
