The first 3 megawatt electricity generating solar farm of a 100 megawatt project is now operating and selling electricity. Wind power and biomass are next.
Read another article by Nareerat Wiriyapong this week on clean coal technologies (Read article).
Click button to listen to Solar Farm in Ayutthaya and rightclick to download
3-MW solar farm launched by Nareerat Wiriyapong
AYUTTHAYA : Ratchaburi Electricity Generating Holding Plc expects to complete its 100-megawatt renewable energy programme ahead of the original 2016 target and will explore more solar and wind opportunities both at home and abroad.
Through its joint venture with Yanhee Solar Power, Thailand's largest private power producer will spend 5 billion baht this year to develop eight solar farms with a combined capacity of 34.25 megawatts.
The first 3-MW unit began operations yesterday.
SET-listed Ratchaburi owns a 49% stake in the venture, Solarta Co, with the balance belonging to Yanhee Solar Power, a unit of Yanhee Hospital Plc.
"We had planned to have 100-MW worth of renewable energy projects by 2016. But now it looks like these projects will be up and running well ahead of that target, so now we're planning additional projects," said Ratchaburi president Noppol Milinthanggoon.
He said that apart from a 60-MW wind farm now under construction in Phetchabun's Khao Kho district, the company was eyeing more wind energy and biomass projects in Thailand and renewable energy investments abroad
Solarta will complete the seven other solar projects this year to operate from next year. The projects will cost a combined 4.4 billion baht, with 75% financed by loans from Kasikornbank and Bangkok Bank and the rest from equity.
All projects will be subsidised with an adder tariff of 8 baht per kilowatt-hour for 10 years and supply the electricity to the Provincial Electricity Authority under non-firm power purchase agreements for small power producers.
Mr Noppol said the renewable power projects would generate returns on investment of at least 10
Solarta's first project, Sai Sena in Ayutthaya's Sena district, will cut greenhouse gas emissions by 2,500 tonnes and reduce oil imports by 8,500 barrels a year
"We will pursue new investments and gradually develop solar energy to meet the growing demand for solar energy both in this country and the rest of the world," said Mr Noppol.
Shares of Ratchaburi (RATCH) closed yesterday on the SET at 43.25 baht, up 75 satang
(Source: Bangkok Post, 3-MW solar farm launched, 8/06/2011, Nareerat Wiriyapong, link)
Power Generation Vocabulary
energy - power from sources such as electricity and coal that is used to create light, run machines or provide heat, for example (See Wikipedia)
renewable energy - renewable energy is energy generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable (naturally replenished) unlike energy from fossil fuels (See Wikipedia and Google Definitions)
power - energy in the form of electricity produced in large quantities and used to operate lights, machines, and heating
solar - involving the sun เกี่ยวกับดวงอาทิตย์
solar power - technologies that convert sunlight into electricity (See Wikipedia)
solar farm - an electricity generation system with man solar panels in one place generating at least one megawatt of power, solar panels are photovoltaic (PV) systems (See Google Definitions)
photovoltaic (PV) system - solar panels composed of a number of solar cells containing a photovoltaic material converting solar radiation into direct current electricity using semiconductors using the "photovoltaic effect" in physics (See Wikipedia)
wind power - technologies that convert wind energy into "a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships" (See Wikipedia)
biomass - plant material or waste material used as fuel in a power station for generation of electricity (See Wikipedia and Google Definitions)
clean coal technology - low pollution energy generation from coal (See Wikipedia)
greenhouse gases - a natural part of the atmosphere, they "absorb and re-radiate the sun's warmth, and maintain the Earth's surface temperature at a level necessary to support life," when they are removed from the atmosphere believed to produce "global warming" (See Wikipedia and Google Definitions)
global warming - the current rise in the average temperature of Earth's oceans and atmosphere resulting in changing weather with floods and droughts, "the scientific consensus is that global warming is occurring and was initiated by human activities, especially those that increase concentrations of greenhouse gases in the atmosphere, such as deforestation and burning of fossil fuels. This finding is recognized by the national science academies of all the major industrialized countries and is not rejected by any scientific body of national or international standing" (See Wikipedia)
emissions - amounts of gas, heat, light, etc. that are sent out; gases released into the air (from cars, factories, etc) การปล่อยออกมา
launched - started เริ่มต้นดำเนินการ
Electricity Generating - same as "generate electricity"
generate electricity (verb) - create electrity (in a power plant)
generation (noun) - the act of creating
generator (noun) - a thing that creates
power generation (noun) - the act of creating electricity
power generator (noun) - the thing that creates electricity
watt - a measure of power output or energy conversion (See Wikipedia)
megawatt (MW) - one million watts, used to measure power producing capacity of electrical generators operated by utility companies: "A large residential or retail building may consume several megawatts in electric power and heating energy....Modern high-powered diesel-electric railroad locomotives typically have a peak power output of 3 to 5 MW, whereas U.S. nuclear power plants have net summer capacities between about 500 and 1300 MW" (See Wikipedia)
target - a goal เป้าหมาย
opportunities - a situation where it is possible to do something that you want to do
joint - done together; belonging to or shared between two or more people ความร่วมมือกัน
venture - a new activity, usually in business, which involves risk or uncertainty ธุริกิจเสี่ยงแต่สามารถทำกำไรได้
joint venture - a business owned and operated by two or more larger businesses (often one is a foreign business and the other a local Thai business)
producer - a person who makes the practical and financial arrangements needed to make a film, play, television or radio programme ผู้อำนวยการสร้างภาพยนต์, ผู้ผลิต
capacity - the amount of something that can be produced ความสามารถในการ (ผลิต)
SET-listed - the stock shares of the company are publicly traded on the Stock Exchange of Thailand (SET)
stake - a share or a financial involvement in something such as a business
up and running - working and operating, fully operational (not under construction, not being built)
up and running projects - projects that are finished, and are now operational, doing what was planned for them to do
well ahead of - a long time before (example: Candidates began campaigning well ahead of the election.)
up and running well ahead of target - project finished very early, finished and operating already long before deadline
construction - the work of building or making something, especially buildings, bridges, etc. การก่อสร้าง
eyeing - considering doing a project or buying something (but has not made final decision yet, has not made up mind yet)
equity - money for a business that comes from owners, not borrowed money (debt) เงินลงทุน ที่มาจากการระดมหุ้นของหุ้นส่วน และผู้มีกรรมสิทธิ
subsidised - paid part of the cost of something ให้ความช่วยเหลือด้านการเงิน
tariff - a tax
generate - to produce ก่อให้เกิด create สร้าง กระตุ้นให้เิกิด
investment - taking your money and putting it into projects to make a profit or earn interest (buying stock shares, bonds, real estate)
Returns On Investment (ROI) - the profit an investment generates as a proportion of the value of the assets used to generate it (See Google Definitions)
pursue - to work at something or carry it out, trying to achieve goals พยายามเพื่อให้ได้มาซึ่ง, ดำเนินตาม, ทำให้ลุล่วง
demand - the need and desire to buy goods and services by households and businesses
Latest stories in this category:
- Protests: "Final push" not yet final
- What will happen next in Thai politics? (from the editorial pages)
- Protests: Marching day, PM dissolves parliament
- Protests: “Final battle” starts tomorrow
- A big language challenge
- Chiang Khong bridge to open December 11th
- Rotating house to catch sun & wind: Made in Chiang Rai
- Nelson Mandela dies aged 95