Glow Energy to Invest $300m in Thai Wind Farms

6 February 2011 (Last Updated February 6th, 2011 18:30)

Glow Energy, a Thai unit of GDF Suez SA, is planning to invest $300m to develop two wind turbines with a combined capacity of 100MW in Chaiyaphum, Thailand. Glow Energy vice-president for finance and investor relations Natthapatt Tanboon-ek, told the Bangkok Post that one project will ge

Glow Energy, a Thai unit of GDF Suez SA, is planning to invest $300m to develop two wind turbines with a combined capacity of 100MW in Chaiyaphum, Thailand.

Glow Energy vice-president for finance and investor relations Natthapatt Tanboon-ek, told the Bangkok Post that one project will generate 60MW while the other will produce 40MW.

The company is negotiating with the Electricity Generating Authority of Thailand (Egat) for transmission lines to the potential sites in the region.

Glow Energy has also joined Egat's latest bidding for small power producers, for three new projects near Rayong's Map Ta Phut area.

Each of the projects will cost between $100m and $150m.