ADB, Gulf Renewable Energy sign deal to scale up renewable energy in Thailand ...Middle East

Manila:  The Asian Development Bank (ADB) said that it has signed an $820-million-loan with Gulf Renewable Energy Company Limited, a subsidiary of Gulf Energy Development Public Company Limited (Gulf), to fund the construction of renewable energy projects in Thailand. The portfolio comprises eight ground-mounted solar photovoltaic (PV) plants with contracted capacity of 393 megawatts (MW) and four ground-mounted solar PV plants with battery energy storage with contracted capacity of 256 MW and 396 MW-hours of energy storage, Xinhua news agency reported. “This portfolio of projects significantly enhances solar energy and solar energy with battery storage in Thailand, marking a major step for

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