Loxley Prachin Buri Solar Plant
Sector: Power Generation (CCGT) • Location: Thailand
Source: World Bank Group
L Solar 1 was a 8.7MW solar farm built in Prachin Buri province of Thailand. Upon completion, it would be the largest solar PV plant in Thailand.
Project sponsor L Solar was founded in 2010 in Thailand. Ownership stake is 45% held by Loxley Plc., 24.99% by MFC Asset Management, 14% by a Loxley executive as a private investor, and 16% by Leonics, a Thai supplier of solar cells. Majority owner Loxl
- Status
- Prospective
- Sector
- Power Generation (CCGT), Raw Materials, Solar, Commercial, Government
- Location
- Thailand
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | L Solar 1 was a 8.7MW solar farm built in Prachin Buri province of Thailand. Upon completion, it would be the largest solar PV plant in Thailand. Project sponsor L Solar was founded in 2010 in Thailand. Ownership stake is 45% held by Loxley Plc., 24.99% by MFC Asset Management, 14% by a Loxley executive as a private investor, and 16% by Leonics, a Thai supplier of solar cells. Majority owner Loxley Plc. is one of Thailand's largest trading conglomerates. The project company has a Power Purchase Agreement (PPA) in place with the Thai Provincial Electricity Authority, which will supply it to the public grid. Tariff was locked in at US$ 0.21/kWh (THB 6.5/kWh), resulting in a 8-year break even period. Total project costs were estimated to be US$ 27 million (850 million Thai baht). The Export-Import Bank of Thailand provided a loan of US$ 19.18 million (600 million baht) to the project, with the remainder put up by equity investors. Financial closure was reached in March 2011. Construction was expected to complete by November 2011. |
Original sector | Energy |
Budget |
Location
Country | Thailand |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Raw Materials, Solar, Commercial, Government |
Article published date | 2024-05-21 |
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