The solar power station will be built for the Thai Metal Trade Public Company Ltd in the Ayutthaya province.
BANGKOK, October 31, 2017 /PRNewswire
Enerray-UAC Thailand (UAC.SET) will be building one of the largest roof-top photovoltaic systems in Thailand, with a total capacity of 2.5 MWp, enough to meet the annual energy needs of 1,400 Thai households and avoiding the emission of around 1,800 tonnes of CO2 into the atmosphere, providing an estimated annual output of 3,500,000 kWh of clean energy.
This important PV system will be built by Enerray UAC for the Thai Metal Trade Public Company Ltd in the province of Ayutthaya (near Bangkok). The system will be made up of 7,575 PV modules installed on the sheet metal roofs of four production areas, covering a total of 35,500m2. Enerray UAC will also be in charge of maintenance.
The Board of Investments of Thailand (BOI) incentive is based on a three-year corporate income tax exemption to cover 50% of the investment value, this means that the payback period for the PV system is reduced to just 3 years with a really advantageous 24.7% Internal Rate of Return, an exceptionally high rate for energy projects.
Moreover, the system has been designed to ensure 100% consumption of the energy produced, meaning the production plant's electricity bill will drop by 33%.
Photo: Enerray UAC Thailand Solar Epc Photo Voltaic Plant Thai Metal Trade Thailand (PRNewsfoto/Enerray UAC Thailand)
Source: Enerray UAC Thailand