Solar photovoltaic client case study – SPM Group
SPM Group is one of Thailand’s leading food companies.
Project context
SPM was looking to generate low-carbon electricity while covering part of the plant’s energy consumption. With this floating power plant, the price of solar electricity sold to SPM is significantly lower than the grid price: this project delivers significant savings on the electricity bill.
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Project highlights
- Launch of Thailand’s first floating PV plants
- Making the most of unused basins by initiating SPM Group’s Energy transition
- + 6,000 Solar panels occupying a surface area of 1.6 hectares on a 4.3-hectare basin
- 20% of the plant’s annual energy consumption
- 6,023 panels installed
- Limited impact on the natural environment
- Significant savings for SPM on its monthly electricity bill
- Greater efficiency in terms of energy production, since water is used to cool the plant
- Type of contract: PPA | FLOATING POWER PLANT
- Number of sites: 1
- Start of contract: 06/2022
- Lenght of contract: 20 years
Project key figures
2 MWp
installed capacity
2,9 GWh
Annual production
1 500 tons
CO2 emissions avoided
0%
client investment
Avoided carbon emissions equivalent to
+7 500
planted trees
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