GE will supply 36 of its 2.5 MW wind turbines to the Thep Sathit Wind Farm in the Chaiyaphum province of Thailand under a Memorandum of Understanding (MoU).
GE is also looking into a potential equity investment in the wind farm.
It will be the first wind project in Thailand for both Pro Ventum and GE and when operational, could potentially be one of the first wind farms of this scale in Thailand and the greater ASEAN region, GE says.
Dr Wannarat Charnnukul, Minister of Energy for Thailand, says: “This project will support the Thai Government’s policy to promote cleaner energy, which calls for the country to use renewable resources for 20 percent of its power generation by the year 2020.”
“Thailand’s multi-year incentives have made wind energy development a competitive proposition for potential investors. This MoU is testimony to how long-term policies that match the life cycle of an investment, are driving the growth of renewable power generation,” says Kovit Kantapasara, GE Energy’s Country Executive for Thailand and Indochina.
“Renewable energy is important to Thailand as the country diversifies its power generation portfolio and reduces its dependence on imported fossil fuel.”