Romklao Wind Farm, Thailand

Romklao Wind Farm is a 44.85MW onshore wind power project. It is located in Mukdahan, Thailand. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in June 2019.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	44.85	44.85	–	Active	Mukdahan, Thailand	Winchai; Wind Energy Holding

Description

The project was developed by Winchai and Wind Energy Holding. The project is currently owned by Wind Energy Holding with a stake of 100%.

The project cost is $81.111m.

The Tubular Steel towers installed at the project site are 162m high.

Development Status

The project is currently active. The project got commissioned in June 2019.

Power Purchase Agreement

The power generated from the project is sold to EGAT International under a power purchase agreement. The power is sold at the rate of $0.105kWh for a period of 10.00 years, starting from 2019.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 13 units of V136-3.45MW turbines, each with 3.45MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project. The operation and maintenance contract commenced from 2019, for a period of 10 years.

About Wind Energy Holding

Wind Energy Holding Co., Ltd. (Wind Energy) is a renewable energy producing company, based in Thailand. The company produces and develops wind farm power plant projects. It also produces electricity through wind energy. The company operates through its subsidiaries including First Korat Wind Co.,Ltd., K.R.TWO Co.,Ltd., Sustainable Energy Holding Co., Ltd., Watabak Wind Co.,Ltd., K.R.ONE Co.,Ltd., K.R.S.THREE Co.,Ltd. and many more. It was established in the year 2009. Wind Energy is headquartered in Bangkok, Thailand.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.