Power Purchase Agreement Thailand

The main contractual document that governs the relationship between the seller and the buyer is the power purchase contract (AAE). AAEs are traditionally conducted between independent electricity producers and the local electricity supplier, which was in Thailand the Provincial Electricity Authority (PEA), the Metropolitan Electricity Authority (MEA) or the Electricity Generating Authority of Thailand (EGAT). The solar energy market in Thailand has stopped somewhat after cutting the FITs. Osaka Gas has established a joint venture with Energy Pro Corporation to commercially and industrial photovoltaic facilities under enterprise electricity supply contracts. 6. Regulatory environment: As this is a new industry, the regulatory framework is being developed. Buyers and sellers should keep ad brief on the new rules and regulations adopted by the Energy Regulatory Commission, and AAEs need to imagine how the new rules affecting the transaction will be addressed. Companies are required to sell electricity to EGAT, as agreed in the contract. The projects will avoid CHARBON emissions of 26,000 tonnes of CHARBON emissions over the life of solar roofs, while covering about 15% of the company`s total electricity consumption.

ii. Take-or-Pay: the customer agrees to purchase a certain volume of electricity over a period of time (usually one month); If the customer consumes less than this amount, he is nevertheless required to pay the volume of purchase promised for this period. This structure provides the greatest protection to the developer, but requires the customer to properly understand their expected energy needs, which can be difficult throughout the life of the AAE. Private PPAs for solar photovoltaic installations are still in their infancy in Thailand and best practices will continue to develop. It is important that electricity purchasers and sellers are aware of the legal risks inherent in negotiating AAEs and have taken all appropriate steps to maximize their negotiating position. 5. Mortgages and charges: The seller must know whether the land and/or building on which the plates are placed has been mortgaged. In addition, the AAE may contain a negative agreement from the buyer not to mortgage the building, or an obligation to notify the seller if he has mortgaged the building. Seller`s lenders may consider insuring their loans to the seller by taking the PV installation as collateral.

Die Partner werden unter dem vorl-ufigen Namen OE Solar Co. Ltd. ein Unternehmen, die Strom aus bereits in Betrieben Solaranlagen liefert. The move would mark Osaka Gas`s first participation in renewable energy in Southeast Asia. Parent company Daigas Group said it wants to produce 1 GW of electricity by 2030.