REC has arrived in Thailand in a big way – supplying panels for the country’s largest solar power station.
The 9.5 MW Chiang Rai installation commenced operations last month. 41,000 REC Peak Energy Series solar panels are now generating enough electricity to provide the power needs of 7,200 Thai households and will avoid the production of 9,000 metric tonnes of carbon dioxide annually.
Unlike many solar farms that are built on level ground, special mounting structures had to be developed for the facility due to the terrain.
Franck Constant, Chairman at Sonnedix, one of the joint venture partner owners, said REC solar panels were also among the most reliable options for weather and climate conditions in Thailand and to comply with government regulations.
We can expect to hear of more significant REC activity in Thailand as the company has just opened an office in Bangkok to take advantage of Thailand’s bright future with regard to renewable energy. The country aims to have twenty-five percent of its energy needs met by renewable sources by 2021.
“Thailand is an exciting market and a magnet for solar investment. We’re committed to ensuring REC takes an active role,” said Jose Luis Martin, REC’s Thailand Project Development Manager.
In other REC news, the company states it experienced increased demand for solar panels in the first quarter 2013 compared to the second half of 2012 due to growth in markets other than the traditional European solar strongholds.
“The market conditions continue to be demanding for the entire solar industry, although the prices have stabilized recently. REC continues to focus on improving our operations and on technology development in order to cut costs further, while reinforcing our market position globally,” said Ole Enger, CEO & President of REC.
The company says the world is still somewhat in the grips of a solar component glut and significant demand growth or supply reduction is needed to improve the situation for manufacturers. However, it’s an ill wind that blows nobody any good – end consumers are enjoying low prices on solar power systems.