Prime Road Power Public Company Limited (PRIME), led by Mr. Somprasong Panjalak, Chairman of the Board and Chief Executive Officer, is delighted to announce a significant memorandum of understanding (MOU) with Beta Energy Solutions Company Limited, represented by Dr. Wisit Kochasit, Chairman of the Board of Directors. This strategic partnership is aimed at advancing the application of battery energy storage systems (BESS) and facilitating the exchange of knowledge in renewable energy technologies.
This collaboration underscores both companies’ commitment to promoting the integration of efficient energy storage technology. It is expected to strengthen and sustain business operations, while also inspiring other entrepreneurs to explore and adopt advanced energy storage solutions.
In a landmark development, two subsidiaries of PRIME, in which it holds a 99.99% stake, have recently secured Power Purchase Agreements (PPAs) with the Provincial Electricity Authority (PEA). These agreements, spanning 25 years, are set to develop ground-mounted solar power projects (solar farms) with a combined capacity of 15.70 megawatts. Additionally, these projects will feature BESS with a total capacity of 72.26 megawatts, with contracts slated for signing within this fiscal year.
Beta Energy Solutions Co., Ltd., a pioneer in the field of battery energy storage technology, continues to lead the way in the efficient management and application of electrical energy. Their innovative approach significantly contributes to the development of sustainable energy sources in Thailand.
About Prime Road Power Public Company Limited
Prime Road Power Public Company Limited (PRIME) is at the forefront of developing and implementing renewable energy projects. With a focus on sustainability and innovation, PRIME strives to contribute to a greener future through the adoption of solar energy and battery storage solutions.
About Beta Energy Solutions Company Limited
Beta Energy Solutions Company Limited is renowned for its cutting-edge development in battery energy storage technology. Their expertise in electrical energy management and commitment to innovation have established them as leaders in enhancing Thailand’s energy production landscape.