Saha Pathana Inter-Holding Public Company Limited Embarks on Sustainable Industrial Development through Clean Energy Partnership

Strategic Insights -

Saha Pathana Inter-Holding Public Company Limited (SPI) has solidified its commitment to sustainable industrial development through a groundbreaking partnership with Ratch Pathana Energy Public Company Limited (RATCH Group). The collaboration marks a significant milestone in Thailand's renewable energy landscape, as the two companies signed a Memorandum of Understanding (MoU) to jointly develop clean energy projects across Saha Group Industrial Parks. The partnership aims to supply electricity to industrial customers and support Thailand's ambitious renewable energy goals. This initiative is particularly notable given the evolving global environmental regulations, such as the European Union's Carbon Border Adjustment Mechanism (CBAM) and Thailand's forthcoming Climate Change Act.

Key Takeaways:

  • Saha Pathana Inter-Holding Public Company Limited (SPI) has partnered with Ratch Pathana Energy Public Company Limited (RATCH Group) to develop clean energy projects across Saha Group Industrial Parks.
  • The first initiative under this partnership is a floating solar project with an installed capacity of 4.12 megawatts, designed to supply electricity to industrial customers.
  • The Lamphun initiative is aligned with Thailand's national goals set forth in the Power Development Plan (PDP) and Alternative Energy Development Plan (AEDP), aiming for renewables to comprise over 30% of the energy mix by 2037.
  • The adoption of renewable energy is seen as a strategic lever for enhancing Thailand's industrial competitiveness while supporting national goals.
  • The partnership aims to develop a sustainable model that advances Thailand's industrial sector with a balanced focus on economic, social, and environmental factors.
  • The floating solar project is being developed by Sahacogen Green Co., Ltd., a subsidiary of Ratch Pathana Energy under the RATCH Group.
  • Electricity generated from the project will be supplied to AGC Micro Glass (Thailand) Co., Ltd., with commercial operations scheduled to begin in the second quarter of 2026.
  • The partnership marks a significant step in expanding Ratch Pathana Energy's renewable energy footprint in collaboration with Saha Group, demonstrating shared commitment to sustainable, cost-effective, and globally competitive industrial development.
  • The Lamphun initiative builds on the success of a pilot floating solar project at the Saha Group Industrial Park - Sriracha, launched in 2021.

Statistics:

  • The installed capacity of the floating solar project in Lamphun is 4.12 megawatts.
  • The project is scheduled to begin commercial operations in the second quarter of 2026.
  • Renewable energy aims to comprise over 30% of the energy mix by 2037, as set forth in the Power Development Plan (PDP) and Alternative Energy Development Plan (AEDP).
  • The partnership between Saha Pathana Inter-Holding Public Company Limited (SPI) and Ratch Pathana Energy Public Company Limited (RATCH Group) reflects the Saha Group's proactive vision in embracing clean energy.

Sources:

  • Saha Pathana Inter-Holding Public Company Limited (SPI)
  • Ratch Pathana Energy Public Company Limited (RATCH Group)
  • European Union's Carbon Border Adjustment Mechanism (CBAM)
  • Thailand's Power Development Plan (PDP)
  • Thailand's Alternative Energy Development Plan (AEDP)
  • Saha Pathana Inter-Holding Public Company Limited's press release