During the recent Australia roadshow, where Thai Industry Minister Charnchai Chairungrueng visited Australia and discussed potential cooperation areas and deals with the Australian authorities and businesses, among which a joint venture was spawned between EGAT and an Australian solar cell company, for the development of a 63 MW solar power plant in Thailand. This would be one of the first mega renewable energy projects on the Thai market. The deal is rumored to be about Bt10 billion (about US$1.5 billion). Australian associations of investors expressed interest in investing and developing alternative energy projects with Thai companies.
This is a significant development, that could push Thailand and its energy economy in the direction of clean affordable energy. The country has solar energy potential, and offshore wind to an extent. Development of these energy sources will help the country answer the growing demand for energy, as well as bring jobs to the developing economy.





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