ACE Commercializes Biomass and Solar Rooftop Project under 20-Year PPA with EGAT

Absolute Clean Energy Public Company Limited (SET: ACE) has announced that on 2nd April 2024, Bio Power Plant Co., Ltd. (BPP), a subsidiary in which the company indirectly holds 100% shares successfully achieved Commercial Operation Date (COD) of its Khlong Khlung SPP Hybrid Power Plant (Biomass and Solar Rooftop) in Khlong Khlung District, Kamphaeng Phet Province with total installed capacity of 20 MW and 13.31 MW Power Purchase Agreement (PPA) under Feed-in Tariff (FiT) scheme for 20 years from its COD with the Electricity Generating Authority of Thailand (EGAT) (Khlong Khlung SPP Power Plant).

Currently, the company has 88 power plant projects inclusive of Khlong Khlung SPP Hybrid Power Plant with total installed capacity of 602.29 MW which are comprising of 23 already-COD projects with total installed capacity of 277.57 MW and 65 under-development projects with a total installed capacity of 324.72 MW.