Levanta Renewables has announced the acquisition of a 93 megawatt-peak (MWp) solar portfolio in Thailand, marking a significant expansion of its presence in the country. This portfolio, spread across eight provinces, is set to generate over 140 gigawatt-hours (GWh) of clean electricity each year. The energy produced will be supplied to the Provincial Electricity Authority (PEA) and the Metropolitan Electricity Authority (MEA) under long-term power purchase agreements (PPAs).
This strategic move aligns with Thailand’s renewable energy goals, enhancing the nation’s capacity to produce sustainable energy. The acquisition underscores Levanta Renewables’ commitment to supporting Thailand’s transition towards a greener energy landscape. By increasing the availability of clean energy, the company aims to contribute significantly to reducing carbon emissions and promoting environmental sustainability in the region.
The solar portfolio’s integration into the national grid is expected to bolster Thailand’s renewable energy infrastructure, providing a reliable source of clean power to meet the growing energy demands. This development is a testament to Levanta Renewables’ strategic vision and operational capabilities in the renewable energy sector.
Levanta Renewables, a Singapore-based company, continues to expand its footprint in Asia, leveraging its expertise to drive the adoption of renewable energy solutions. The company’s latest acquisition is a step forward in its mission to deliver sustainable energy solutions across the region.
