Renewable power deals to be ready in Q3
- May 25, 2023 1:30 pm GMT
The state grid is expected to sign power purchase agreements (PPAs) with companies selected to join the state's 5.2-gigawatt renewables scheme within the third quarter of this year, says the
Once the scrutiny process is finished, the state grid will sign PPAs with these companies, said Khomgrich Tantravanich, secretary-general of the ERC, which is overseeing the scheme.
The state grid comprises the
The 5.2GW capacity of the scheme includes bio-gas (335 megawatts), wind power (1,500MW), on-ground solar farms (2,368MW), and on-ground solar farms with energy storage systems (1,000MW).
The scheme drew huge interest from a number of companies which proposed projects with a total capacity of almost 17GW.
Only 175 companies were chosen in an auction, and the total capacity was reduced to 4.85GW.
Gulf's 28 projects have a combined capacity of more than 2GW.
Other selected companies include
In March, the
In the second auction, the 3.66GW capacity is projected to come from on-ground solar farms and on-ground solar farms with energy storage systems (2,632MW), wind power (1,000MW), biogas (335MW), and industrial waste-to-energy projects (30MW).
The ERC is improving national energy data management under the
The construction of a data centre is scheduled to be finished by the end of this year.
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