This stage prioritises wind or ground-mounted solar projects that passed the qualifications and technical readiness assessments in the 2022 PPA FiT scheme but were not selected. The total purchasing target capacity for this stage is 2,180 MW, with 600 MW allocated for wind power (first priority) and 1,580 MW for ground-mounted solar power (second priority).

(2)  Second Additional PPA FiT Stage

Applicants who did not meet the qualifications or minimum technical readiness criteria or who were not selected under the 2022 PPA FiT scheme or the First Additional PPA FiT Stage are eligible for the second stage. Priority will be given in the following order: (i) biogas; (ii) wind power; (iii) ground-mounted solar power; and (iv) industrial waste. This stage offers developers a renewed chance to participate in Thailand’s expanding renewable energy market.

First Additional PPA FiT Stage Details

Wind or ground-mounted solar projects that were not selected under the 2022 PPA FiT scheme are invited to reapply in this stage. The eligibility requirements for applicants, project selection criteria and FiT rates for this stage are consistent with those from the previous round. For further details, please refer to our earlier article.

Applicants must submit a notice of participation along with a proposal bond of THB 1,000 per kW of offered capacity. The ERC will select projects based on prior readiness assessments and the offered electricity sales.

The table below details the purchasing targets for each type of renewable energy project, aligned with scheduled commercial operation dates (“SCOD”):

Application Period for the First Additional PPA FiT Stage

The application period for the First Additional PPA FiT Stage is tightly controlled. For Small Power Producers (“SPPs”), applications will be accepted from 9 October 2024 to 7 November 2024. During this window, applicants must submit their notice of participation and proposal bond to the Electricity Generating Authority of Thailand (“EGAT”). For Very Small Power Producers (“VSPPs”), the proposal bond must be submitted to the Provincial Electricity Authority by 6 November 2024 with the notice of participation by 7 November 2024. Applicants’ names will be announced by 14 November 2024, with successful projects selected within 30 days.

Selected projects will be notified of the conditions of their PPAs, which must be signed within 180 days for projects with SCOD in 2026 and within two years for projects with SCODs between 2027 and 2030.

Adjustment of Electricity Amounts for 2022 PPA FiT Projects