Bangkok: ACE's renewable energy revenue is boosted by the recent commissioning of two more solar farms with a total proposed power generation capacity of 13.29 megawatts. The company revealed it has several more power plants under development and awaiting commissioning and is actively seeking opportunities to bid on new clean energy power plant projects.

According to Thai News Agency, Mr. Thanachai Banditvorapoom, Chief Executive Officer of Absolute Clean Energy Public Company Limited (ACE), announced the commencement of commercial operations for two renewable energy power plant projects. These ground-mounted solar farms are operated by ACE's wholly-owned indirect subsidiaries, Alliance Clean Power Company Limited and Advance Clean Power Company Limited. The commercial operation dates for the two projects were February 27, 2026, and March 16, 2026, respectively.

Both projects have secured power purchase agreements (PPAs) with the Provincial Electricity Authority (PEA), totaling 13.29 megawatts. They form part of ACE's 18 renewable energy projects under the Feed-in Tariff (FiT) scheme for 2022-2030, which propose PPAs totaling 112.73 megawatts. These projects are gradually being commissioned, contributing to ACE's continuous revenue and profit growth.

Currently, ACE boasts a total of 91 power plant projects with an installed capacity of 748.35 megawatts. This includes 47 projects that have already commenced commercial operations, with a cumulative installed capacity of 466.94 megawatts, and 44 projects under development, with a total installed capacity of 281.41 megawatts. The company continues to explore opportunities to bid on new clean energy power plant projects. Further updates will be provided as progress is made. ACE remains committed to achieving net-zero greenhouse gas emissions by 2050.