Hana Microelectronics and Constant Energy affiliates execute 2 solar corporate PPAs in Thailand

11th September 2018 – Bangkok. Constant Energy is pleased to announce that it has executed two long term Power Purchase Agreements with Hana Microelectronics for the Group’s two factories located in Lamphun province, Thailand. Renewable power will be supplied directly from the Constant Energy rooftop-based solar PV plants located on the Hana premises.

“Alongside our large scale renewable power plants and storage business supplying to the grid, we are pressing on with our corporate PPA business, converting an increasing number of Asian-based industrials to green renewable power supply for the long term” said Franck Constant, CEO of Constant Energy. Romain Maire, Managing Director for Southeast Asia, added: “we are happy to service a leading player in the electronics manufacturing sector with Hana Microelectronics as a locally established and high quality oriented player, which has been operating in Thailand for 40 years.”

Richard Han, CEO of Hana Microelectronics said: “We wish the best for a mutually beneficial successful implementation of the solar rooftop projects for our factories in Lamphun. We have chosen Constant Energy for their long term commitment and for their professionalism. We look forward to the opening ceremony in Lamphun for the commencement of the two projects early next year.”

Engineering of the solar PV plants has already started, and the pre-construction permitting and licensing process in underway. The two plants will total 2 MW capacity, using string inverters and polycrystalline PV modules. The renewable power generation will result in a reduction of costs, combined with a reduction of CO2 emissions of 2,100 Tons per year for Hana and the Lamphun Industrial Estate as a whole. “We look forward to delivering green electrons into the two Hana Lamphun factories’ systems for many years to come”, added Romain Maire.

About Constant Energy

Constant Energy is a renewable electricity generation and storage investment platform which invests in and manages high-quality power assets in selected countries. As a solar developer and Independent Power Producer (IPP), we develop, design, finance, build, own and operate utility-scale and large industrial rooftop-based solar PV power plants. Our team is specialized and experienced, and directly manages its international assets with a long-term outlook. We firmly believe that only a local and active asset management can achieve the targeted return on a long-term basis. For more information, please visit www.constantenergy.net

About Hana Group

Hana Microelectronics Public Co., Ltd. and its subsidiaries “Hana” is a leading independent Electronics Manufacturing Services (EMS) company in Southeast Asia.     Hana has been engaged in the manufacture  of electronic components for nearly 40 years and operates through two main segments: Printed Circuit Board Assembly (PCBA), and Integrated Circuit (IC) assembly and test. The company’s headquarters is located in Bangkok.  Hana has over 10,000 employees worldwide, with a total manufacturing floor space of over 1,100,000 square feet in 6 manufacturing facilities in Thailand, China, USA and a latest manufacturing facility in Cambodia.

For more information, please visit www.hanagroup.com

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