Firm buys solar farm in Ubon Ratchathani
Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, has bought a floating solar farm in Ubon Ratchathani from Bay Wa RE Solar Pte for 82.4 million baht in a move to grow its clean energy business.The purchase of the 2.83-megawatt facility, which was made through its organic product manufacturing arm Ubon Saeng Arthid Co, is also aimed at helping UBE save 9 million baht per year on electricity bills.
Bay Wa RE Solar has operated the floating solar farm through Ubon Co since January.
UBE’s managing director Sureeyot Khowsurat said the new asset acquisition will pave the way for the expansion of renewable energy business, following its operation of three bio-gas power plants.
“Our power business uses 100% clean resources and has combined capacity of more than 10MW,” said Ms…
Purchase bolsters UBE’s clean energy drive
