Proposal

p of Construction of MW Solar Farm

(EPC: Engineering Procurement & Construction)

By
Thai Solar Future Co., Ltd.
Phone: +662
+662--953
953--9163 Fax: +662
+662--953
953--9167
E-Mail: dusit@thaisolarfuture.com panatda@thaisolarfuture.com
www thaisolarfuture com
www.thaisolarfuture.com
September 2010
 Thai Solar Future Company Limited
Established and managed by Professor Dr. Dusit Kruangam who is a former professor of
electrical engineering at Chulalongkorn university, outstanding research of Thailand,
worldwide reputation on PV, experience on solar photovoltaics more than 25 years.

Type of Business
9 PV system integrators, design and construction of PV systems (grids/off
grids/solar farm) both domestic and international
9 Utilization of high quality crystalline silicon solar modules , long life more than
30 years , IEC 61215, IEC 61730 (Safety Class II)
9 Utilization of high quality amorphous silicon thin film solar modules, long life
more than 30 years, IEC 61464, IEC 61730 (Safety Class II)
9 Sales of solar modules
9 Total solution services including feasibility study, power plant construction,
engineering procurement and construction,
construction coordination with government
agencies, etc.
 CV of Professor Dr. Dusit Kruangam
Founder and Managing Director of Thai Solar Future Co., Ltd.

•1988 Ph.D. of Electrical Engineering (Solar Cells), Osaka University, Japan.

•1988-2005 Professor at Chulalongkorn University.
•Out Standing Research of Engineering, National Research Council of
Thailand.
•Board member and executive of solar companies (Solartron, Ekarat Solar).
•Worldclass Designer and installer of PV solar systems more than 10 MW
including MW solar farms, solar roofs, stand alone systems.
• Holding 2 USA Patents.
•Board member of several institutes (NECTEC, Rajamangala University of
Technology Srivichaya, Renewable Energy Club of FTI).
 What is a solar farm?
A solar farm is a large electrical power generation plant
that uses solar energy as energy source. In Thailand, the
ministry
i i off energy has
h a promotion i program in i which
hi h a
solar farm can sell electricity to utilities (MEA, PEA, EGAT)
at a special tariff.
tariff

Tariff Price is about 11 Baht/kWh consists of:

• Normal Tariff
About 3.3 Baht/kWh with annual increase rate (no limitation of
Years)

and
• Fix at 8.0
8 0 Baht/kWh for 10 Years
 Advantages of Investment in
Solar Farm in Thailand

1. Investment is required at the construction period only. Very small

O&M expenses.
2. No fuel cost , because uses only solar light.
3. No fuel. No need to worry about fuel.
4. Marketing is not necessary, because long term contract of PPA is
signed between solar farm and MEA, PEA, EGAT.
5. Buyer is MEA, PEA, EGAT., and ministry of energy with high price.
6. Least risk. Solar modules have long life more than 30 years,
normally warranty 20-25 years.
7. Welcomed by local people.
9. Corporate tax, import duty are waved by BOI Program.
 Privileges
g from BOI for Solar Farm Projects
j

• Exemption of Import Duty of equipments and

materials,
• Exemption
E ti off CCorporate
t ttax att 100% for
f 8 Years
Y
and another 50% for 5 Years
 Turn Key Services Offered by Thai Solar Future
For Solar Farm
(D
(Development
l and
d EPC)
EPC: Engineering Procurement and Construction)
1. Feasibility Study, Site Surveys,
2. Applications of all Documents for Governmental Agencies (MEA, PEA,
Regulators,
g Sub-district, BOI, Deptp of Industrial Works, etc. Public
Hearings),
3. Funds, Loans Coordination,
4. Concept Design, Detailed Design,
5. Simulation of Generation of Electricity,
6. BOM, BOQ,
7. Procurement of Materials, Equipments,
8. C
Construction off Civil
C Works, Electrical Works, etc. ,
9. Commissioning,
10. Operation, Training, Collecting Data
11
11. Maintenance After Sales Services.
Maintenance, Services
Solar Radiation Map of Thailand 
¾Average 18.2 MJ/m2-d
(5.05 kWh/m2-day)
¾Max 20-24 MJ/m2-d
¾Max.

kWh/sq.m.d=MJ/sq.m.d/3.6
 Approvals Needed from Government
A
Agencies
i ffor Solar
S l Farm
F in
i Thailand
Th il d

ESA
EIA
(Environ (Environmental
mental Impact
Dept.
p Ind. Sub- y
Safety Assessme
VSPP (kW) MEA PEA EGAT Regulators Works District BOI Assessment) nt

√ √
1-3.6 √ - - -

3.7- 1,000 √ √ - √ √ √ √ -

√ √ √ √ √ √ >5 MW √
>1,000-6,000 - -

>6,000-10,000
6,000 10,000 √ √ √ √ √ √ √ √ -

10,000- √ √ √ √ √ √ √ √ √
 Examples of Investment in PV Solar Farm in Thailand
(1 MW)

Type of PV Module Investment (not incl. VAT) Land Area

Crystalline Silicon 110-120 MB 10 Rai
Thin Film Amorphous Si 90-110 MB 25 Rai
(1 Rai = 1,600 sq.meter)

Remarks
1) Not include land, import duty
 Warranty

• PV Modules 20-25 Years by PV Manufacturer

• Inverters 2-10 Years by Inverter Manufacturer
• Solar Farm 2-5 Years byy Thai Solar Future
Example of Retrun on Investment of PV Solar farm 1 MW
(Thin Film Amorphous Silicon)
Item Amount Unit
Power of Solar Farm 1 MW
Investment 110 MB
Land 25 Rai
Module Thin Film a-Si
Energy Generation per
Year 1,452,700.00 kWh/Year
Energy Selling Net 1,452,700.00 kWh/Year
Earning before Expense 15-16 MB/Year
Expenses (Salary, O&M) 0.3-0.4 MB/Year
Earning after Expenses 15-16 MB/Year

Loan 0%%
Loan Interest 0%
IRR on Project 12.03%%
IRR on Equity 12.03%%
Pay Back of Equity 7 Years

Loan 50%%
Loan Interest 6%, 10 Years
IRR on Project 12.03%%
IRR on Equity 15.53%%
Pay Back of Equity 6 Years

Loan 75%%
Loan Interest 6%, 10 Years
IRR on Project 12.03%%
12 03%%
IRR on Equity 20.57%%
Pay Back of Equity 6 Years
 PEA Line, AC 22 kV, 3 phase

AC 22 kV, 3 phase

VSPP kWh Meter 
AC 22 kV, 3 phase
AC 22 kV, 3 phase
Bangkok 
Transformers Office
AC 400 V, 3 phase
Solar 
Farm AC Panels 
AC 400 V, 3 phase

Inverters Monitoring & 
MW
MW  Di l
Display  
System

DC

PV Modules  MW
Monocrystalline
y Si Modules Monocrystalline
y Si Modules

g quality
Thai Solar Future offers high q y PV solar
modules from world class manufacturers

Multicrystalline Si Modules Thin Film AmorphousSi Modules

Thai Solar Future offers high quality PV solar
modules from world class manufacturers
Leonics ((Thailand)) Delta ((Germany
y & Thailand))

Thai Solar Future offers high quality solar

inverters from world class manufacturers

Kaco (Germany) SMA (Germany)

Simulation by Professional
 Organization Chart of Solar Farm Project
Investors

Project Directors IE, Advisors

Accounting & Finance Engineering Procurement and Administration

-Business Projection Construction -Revise Corporate Objectives
-Cash Flow -Feasibility Study -VSPP Application
-Tax Management -Land Survey & Preparation -Regulator Application
-Bank Coordination -Concept
Concept & Detailed Design -BOI
BOI Application
-Investment Evaluation !! -Procurement (Bidding, Suppliers) -รง 4 Application
-Logistics, Transportation -อบต Application
-Construction -มวลชนสัมพันธ
-Operation -Collection of income
Lawyer -Security -Public Relations
-Contracts -Maintenance
 Time Line for a MW Solar Farm (month)
1 2 3 4 5 6 7 8 9
Revise Corporate Objectives *
Selection of Site *
Application of VSPP *
Approval by PEA/MEA/EGAT * *
PPA (Power Purchasing Agreement) *
Approval by Regulator *
Approval by Local Organization & Dept. of * *
Industrial Works
Approval by BOI * *
Construction * * * *
Test and Commissioning * *
COD (Commercial Operation date) *
Solar Farm Project References
Solar Farm Project References
byy
Thai Solar Future Co., Ltd.
and
Professor Dr Dusit Kruangam
Professor Dr. Dusit Kruangam 
 EGAT 0.5 MW
Mae Hon Sorn
Petchaboon
Innovation
20 kW
Pracheenburee

EKARAT 0.63 MW
Solar Park 1.5 MW Pracheenburee
Lopburi
Thammasat U. 20 kW TESCO LOTUS
Pathumthanee 0.46 MW
Bangkok
PV Solar Project  Energy Complex
References 0.33 MW
by
Bangkok
Thai Solar Future Co
Thai Solar Future Co.,  Several Solar Roofs
Ltd. 40 kW
and Rayong
Several Solar Roofs
Professor Dr. Dusit 50 kW
Kruangam Bangkok

Several Solar Roofs

20 kW
Hadyai, Songkhla
20 kW,
Petchaboon Innovation
Inno ation Co.,
Co Ltd.
Ltd
Petchaboon Province
National Highway
g y Route 21,, km
193.
630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.
630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.
630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.
630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.
630 kW Solar
S l FFarm, Pracheenburi,
P h b i
invest by Ekarat Engineering PCL.
Monocrystalline Si Module (Ekarat
Solar)
630 kW Monocrystalline Si Modules 630 kW Inverter 400 V/22 kV Transformer 22 kV Lines

630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.

330 kW, Energy Complex C., Ltd.
Bangkok.
Mono cc-Si
Si Modules by Ekarat Solar.
Solar
SMA Inverter.
330 kW, Energy Complex C., Ltd.
Bangkok.
Mono c-Si Modules by Ekarat Solar.
SMA Inverter.
 Conceptual Design of 1.5
1 5 MW Solar Farm for
Solar Park Co., Ltd., Lopburi Province.
To use Sharp a
a-Si
Si Thin Film Modules and Leonics
Inverters.
 Leader of
D i off Solar
Designs Sl
Roofs
Conventional 
Power Plants  Green Rural Areas
Green Cities

Clean Energy PV Solar Farms 
Experts of Design and Installation of Thai Solar Future.
Contact:
Professor Dr. Dusit Kruangam
Managing Director
Thai Solar Future Co., Ltd.
99/227-228 Tesabansongkhro Road
Ladyao, Chatuchak
Bangkok 10900
Thailand.
Phone +66-2-953-9163
Fax: +66-2-953-9167
Mobile Phone +66-85-918-3691
E-Mail: dusit@thaisolarfuture.com
www.thaisolarfuture.com
 High Way
N
Kasetsart
to Chen University
Pong Pet Junction Ngam Wong Wan Road
Wattana

The Mall

คลองงประปา
Thai Solar Future Co., Ltd.
99/227-228 Tesa Ban Songkhro Road
Prachachuaan Road

Ladyao , Chatuchaak, Bangkok 10900

Tel. 02-953-9163-64 Fax 02-953-9167
Mobile 085
085-918-3691
918 3691 (Dr.
(Dr Dusit Kruangam)

Wiphawaddee Road
E-Mail: info@thaisolarfuture.com , dusit@thaisolarfuture.com
panatda@thaisolarfuture.com

Prachanives 1 Samien Naree

Junction
Market Temple
Garden Tesaban Song Khro Road
Bon Marche
Kasemrat Hospital Market
Ratchada Piset Road Ratchawipha Bridge

Prachanukool
Junction
Get offff at
G Central
Ratchada Ladplao