EGCO SPP5 Solar Plant
Sector: Solar • Location: Thailand
Source: World Bank Group
SunEdison developed the 8MW SPP5 solar plant, in Roi Et. Subsequently, the project was sold to EGCO which purchased 99.99% of the shares in June 2012 at a value of THB 450 million (US$15.1 million).
The project was equipped with a solar tracking system, increasing effiency by 20%. The project held a "non-firm PPA" with the Provincial Electricity Authority (PEA), with a subsidy (adder tariff) of T
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT), Government, Commercial
- Location
- Thailand
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | SunEdison developed the 8MW SPP5 solar plant, in Roi Et. Subsequently, the project was sold to EGCO which purchased 99.99% of the shares in June 2012 at a value of THB 450 million (US$15.1 million). The project was equipped with a solar tracking system, increasing effiency by 20%. The project held a "non-firm PPA" with the Provincial Electricity Authority (PEA), with a subsidy (adder tariff) of THB 8 per unit for a period of 10 years. The project reached financial closure in July 2012, with Siam Commercial Bank. SCB provided THB 830 million (US$ 27.8 million). http://www.scb.co.th/en/news/2012-07-05/nws_SPP5 http://www.nationmultimedia.com/business/SCB-extends-loan-to-SPP5-30185480.html http://www.egco.com/en/corperate_com_press_detail.asp?press_id=181&iYear=2012 |
Original sector | Energy |
Budget |
Location
Country | Thailand |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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