WHAUP Expands Clean Energy Portfolio with 16.64 MW Solar Rooftop Project for Yida New Material

WHA Utilities & Power (WHAUP) has closed a deal with Yida New Material (Thailand) Limited to install a 16.64 megawatt solar rooftop system at the company's manufacturing facility in Chonburi Province. The project will save the customer over 1.22 billion baht in electricity costs over a 20-year contract term and reduce carbon dioxide emissions by 206,491 tons equivalent, while enhancing energy management performance through AI technology and real-time monitoring via WHAUP's Utility Operation Center.

On May 8, 2025, Akkarin Prateungsit, Chief Executive Officer of WHAUP, announced that the company is committed to expanding its clean energy business, reinforcing its position as a leader in utilities and comprehensive clean energy solutions. The company has signed a Power Purchase Agreement (PPA) with Yida New Material to develop the solar rooftop project, which is currently under installation and is expected to commence power generation in the fourth quarter of 2025.

The 16.64 megawatt solar rooftop project reflects customer confidence in WHAUP's solutions and demonstrates concrete results in improving energy efficiency and reducing costs for business partners. Installation is underway and power generation is expected to begin in Q4 2025, delivering total electricity cost savings of 1.22 billion baht over the 20-year contract period and preventing 206,491 tons of CO2 equivalent emissions.

To align with Yida New Material's goal of becoming a Green Manufacturing facility, the partnership with WHAUP affirms the company's commitment to providing comprehensive services from design and investment through long-term performance management. WHAUP has implemented AI technology and real-time monitoring systems through its Utility Operation Center (UOC) to closely track and analyze power generation efficiency, maximizing energy management benefits for the customer.

According to Akkarin, the Yida New Material solar rooftop project represents a significant milestone for WHAUP in 2025, reflecting progress on the company's strategic plan to expand its industrial customer base and drive tangible clean energy solutions. The project underscores WHAUP's role as an energy partner ready to support customers with solutions that reduce costs, enhance energy security, and drive long-term sustainability goals.

Amidst global energy price volatility and rising electricity cost trends, energy has become a critical factor determining long-term business competitiveness. The industrial sector must transition from traditional energy dependency to building more flexible energy portfolios. WHAUP is developing cleaner energy solutions and more flexible energy procurement models, including Direct Power Purchase Agreements (Direct PPA).