Company News
Ratch Pattana Energy signs PPAs for three solar farm projects with a total capacity of 175 MW, strengthening its clean energy portfolio to support long-term growth

Ratch Pattana Energy Public Company Limited ("the Company") announced progress in expanding its renewable energy investment portfolio. The Company's subsidiaries have executed Power Purchase Agreements (PPAs) with the Electricity Generating Authority of Thailand (EGAT) for three ground-mounted solar photovoltaic power plants (Solar Farms) with a combined contracted capacity of 175 megawatts (MW),
These projects are part of the government's renewable energy procurement policy under the Feed-in Tariff (FiT) 2022–2030 framework, which aims to increase the share of clean energy in Thailand's power grid and support the national Net-Zero Carbon Emission target.
Three subsidiaries—Solarist Nong Yuang Company Limited, Solarist Ban Euam Company Limited, and Solarist Namphu Company Limited—were selected as renewable energy project developers and signed 25-year PPAs with EGAT on March 20, 2026.
The three ground-mounted solar farms have contracted capacities of 37 MW, 48 MW, and 90 MW respectively, totaling 175 MW, with a scheduled Commercial Operation Date (SCOD) in 2028.
This investment enhances long-term revenue stability through long-term PPAs with the government sector, while reducing exposure to fuel price volatility and continuously increasing the proportion of renewable energy in the Company's generation portfolio.
Following this signing, combined with one previously executed Solar Farm project, the Company's total contracted solar generation capacity reaches 202 MW, which will support future revenue growth and operational performance.
The Company continues to advance its strategic plan to expand renewable energy investments, strengthening its business portfolio and creating long-term shareholder value, while operating in accordance with ESG principles and targeting Carbon Neutrality by 2040.