WHAUP Signs Solar Rooftop Power Purchase Agreement with MAX Thailand for 998-Kilowatt Power Generation Capacity

Mr. Somkiat Masunthasuwan, Chief Executive Officer (far left) of WHA Utilities & Power Public Company Limited (WHAUP), announced that WHA Solar Co., Ltd. (WHASL), a subsidiary of WHAUP, has signed a power purchase agreement with MAX (Thailand) Co., Ltd., leading manufacturer of pneumatic tools and automatic staplers from Japan. The project will involve installing a 998-kilowatt solar rooftop power generation system on a rooftop area exceeding 8,000 square meters within the WHA Eastern Seaboard Industrial Estate 1 (WHA ESIE 1). The project is expected to be completed by the third quarter of 2025.

The solar installation for MAX (THAILAND) addresses the customer's need for alternative energy to reliance on traditional power sources. It also demonstrates the customer's trust in WHAUP's international service standards as a leader in managing utilities and energy in industrial estates.

"This project reflects our commitment to developing environmentally friendly alternative energy solutions to meet the growing demand for clean energy. The company will continue seeking opportunities to expand solar installations in potential areas to serve our customers and our industrial estates," Mr. Somkiat added.

Mr. Kunimitsu Takahashi, Managing Director and Mr. Isara Ngiewchaiyaphum, Director of MAX (Thailand) Co., Ltd., revealed that the company has already begun supporting renewable energy projects by installing solar rooftop systems across their factory buildings but still aims to achieve the company's sustainability goals.

The company is pleased to sign the solar rooftop power purchase agreement for a 998-kilowatt system covering 8,000 square meters of roof area. The system is expected to reduce MAX (THAILAND)'s grid power consumption by 1,300 megawatt-hours (MWh) per year and help reduce carbon emissions by 12,700 tons of carbon dioxide equivalent (tCO2eq) over the 20-year project contract period.

This signing continues the company's sustainability policies and goals by using renewable energy to replace fossil fuels in power generation as a key approach to reducing global warming impacts from greenhouse gas emissions and climate change. "This aligns with the goals of Carbon Neutrality and 100% Renewable Energy (RE100), which are important tools in achieving net-zero carbon emissions in Scope 2 from indirect greenhouse gas emissions from external power sources purchased by the company."

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