"Reaching our target of 800 MW would need a massive amount of land but we believe we could acquire enough land to reach our target," said Mr Nopporn. Thailand has strong potential in terms of geography as well as in government support, he added.
Wind Energy’s first project is its wholly owned Huay Bong 1 and 2, with a combined capacity of 180 MW, on 12,000 rai in the Dan Khun Thot district of Nakhon Ratchasima.
The company’s 60MW Khao Kho project in Phetchabun is operated by the joint-venture company Sustainable Energy Corp – in which it holds 60%, while the top private power producer Ratchaburi Electricity Generating Holding has 30%, and Demco Plc 10%.
Wind Energy yesterday signed a purchasing contract with Siemens Wind Power Co, a unit of Siemens AG, which will supply wind turbines for the two wind farms.
Demco also joined a contract signing ceremony yesterday for the Huay Bong 1 and 2 wind power projects worth 2.6 billion baht, for which it won the construction contract. Construction is expected to start within the third quarter this year and commercial operation is due to begin by the end of next year.
Demco has also won the 900-million-baht construction contract for the Khao Kho wind farm project, due to start construction in the third quarter this year and to operate from mid-2011.
In another development, Ratchaburi Electricity Generating Holding Plc plans three renewable energy projects with a combined capacity of 100 MW by 2016. These include the Khao Kho project, in which it aims to acquire a majority stake.
Ratchaburi aims to conclude talks this year with a strategic partner for its second renewable project, a biomass power with projected capacity of about 10 MW.
The company is also conducting a feasibility study for solar power facilities at an expected investment of between 1 billion and 2 billion baht.