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First Solar, Sonnedix Group complete 7.5MW Thai project

24 Feb 2012

Nasdaq-listed First Solar and the Sonnedix Group have completed the 7.5MW Nakhon Ratchasima Solar Farm, one of the largest installations to date in Thailand.

The installation was built with the support of Assyce Fotovoltaica and Ch. Karnchang Group using around 95,000 of First Solar’s modules.

‘As a global solar independent power producer whose management has an extensive track record of more than fifteen years in Asia,’ said Sonnedix chairman Franck Constant.

‘We are confident that this project, our first to become operational in Thailand, will serve as a strong base for our strategy of developing and building utility-size world-class solar farms and large rooftop solar power plants. It is our view that solar PV should be a mainstream power source in Thailand.’

Covering around 20 hectares, the Nakhon Ratchasima Solar Farm can supply enough electricity to meet the annual needs of about 5,100 average Thai homes.

At the close of 2011, First Solar revised down its 2011 financial guidance predicting net sales in the range of $2.8bn to $2.9bn, compared to the original forecast of $3bn to $3.3bn.

Copyright © 2012 NewNet



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