WHA Utilities and Power (WHAUP) is racing forward with its solar-rooftop investment plan, targeting to complete an additional 2.6 megawatts of installed capacity during the current quarter.
Most recently, the listed company was appointed by Electrolux to invest and operate a 0.50MW solar-rooftop system at one of its factories in Rayong, which is expected to reach completion next month.
WHAUP is also eyeing to sign another 10MW contract this year, chief executive officer Wisate Chungwatana said on Monday.
Moreover, the company is in discussions with potential customers in WHA industrial estates and other industrial customers, expecting to sign another 10MW agreement this year, Wisate added.
WHAUP already has nine solar-rooftop power plants in operation, with a total capacity of 4.8MW.
Prospects for growth in solar rooftop are favourable as industrial customers are becoming more and more inclined towards the use of clean energy, while recognising its economic benefits in saving electricity costs, the CEO explained.