While specific financial details remain confidential, the agreement secures Sanli EnGreen’s exclusive rights to sell the electricity output generated by the PV system to Deesuwanresort for a substantial period of 20 years from the commencement of the operations.
Environmental engineering company Sanli Environmental (SGX:1E3
) (SGX:1E3) has announced the signing of a power purchase agreement (PPA) between its subsidiary, Sanli-EnGreen, and Deesuwanresort Company for the group’s first project in Thailand.
Also Sanli’s first renewable energy project, the agreement encompasses the development, design, construction, ownership and management of a cutting-edge 0.5 megawatt (MW) photovoltaic (PV) power generation system positioned atop the Mercure Koh Chang Hideaway, a premier hotel resort in Koh Chang, Thailand.
