Explore Thailand’s First Green Hydrogen Production from “Floating Solar Farms”, BIG and Ratchaburi Power Plant Join Forces to Embark on Future Energy

Ratchaburi, 22 February 2024

BIG, a leader in climate technology, collaborates with Ratchaburi Electricity Generating Company Limited, also known as Ratchaburi Power Plant, to investigate the feasibility of Thailand’s first producing green hydrogen from floating solar farms for use as a primary transportation fuel. This partnership signifies a significant endeavor aligned with both companies’ steadfast commitment to advancing energy transition through innovative technology, aiming for a low-carbon society and striving towards the Net Zero goal.

Khun Jatuporn Sopharak, Managing Director of Ratchaburi Electricity Generating Company Limited, articulated Ratch Group PCL.’s ambition to bolster production efficiency for greenhouse gas reduction and to expand investments in green ventures. In this vein, Ratchaburi Power Plant has forged a collaboration to explore the feasibility of hydrogen production from a 2 MW Solar Floating Project, already operational within the raw water reservoir area. The produced hydrogen is earmarked as a transportation fuel. This endeavor, alongside identifying viable projects within the power plant’s premises post the expiration of the power purchase agreement with EGAT, is a proactive step towards RATCH Group PCL.’s pledge for carbon neutrality by 2027. Notably, the hydrogen yielded from this process is classified as green hydrogen, representing a clean energy form harnessed from renewable sources such as solar energy. It is utilized to extract hydrogen from water without releasing carbon dioxide, thus positioning it as a sought-after alternative energy solution globally, owing to its significant contribution to mitigating greenhouse gas emissions, a pivotal factor in combatting climate change.

Khun Piyabut Charuphen, Managing Director of BIG, expressed BIG’s proactive approach in spearheading hydrogen innovation, drawing on expertise from both BIG and Air Products, its parent company based in the United States, renowned as the world’s foremost investor in green hydrogen initiatives. Committed to fostering sustainability on a global scale, BIG adheres to a strategy termed “Generating A Cleaner Future,” which entails collaborative efforts across various sectors. Recognizing the pivotal role of clean energy in propelling Thailand’s energy transition, BIG advocates for the production and utilization of hydrogen energy, a key component of Climate Technology, to significantly reduce carbon dioxide emissions. Moreover, collaboration to explore Thailand’s first green hydrogen production from floating solar farms aligns with international imperatives highlighted at COP28, calling for a tripling of global renewable energy usage and a doubling of energy efficiency by 2030.

********************************

About BIG

BIG, a Climate Tech Company, is a leader in industrial gas and greenhouse gas reduction technology. The company operates as a subsidiary of Air Products and Chemicals, Inc., a New York Stock Exchange (NYSE) listed company and a US Fortune 500 company that has consistently ranked in the Dow Jones Sustainability Index (DJSI) as a global sustainability leader for 13 consecutive years. BIG’s unwavering dedication extends to providing top-tier industrial gas products, cutting-edge innovations, and gas utilization technologies to diverse industries. Moreover, BIG leads as the largest investor in large-scale Green Hydrogen and Green Ammonia projects, including carbon storage technology, propelling the energy transition towards a Net Zero goal by 2050. For more information, visit www.bigth.com or www.airproducts.com

About Ratchaburi Electricity Generating Company Limited (Ratchaburi Power Plant)

Established on March 20, 2000, Ratchaburi Electricity Generating Company Limited specializes in electricity generation and distribution via its Ratchaburi Power Plant. The company is predominantly owned by RATCH Group PCL., holding a 99.99% stake. Operating commercially since 2000, it supplies electricity to the Electricity Generating Authority of Thailand (EGAT) through a long-term power purchase agreement lasting 25 years, boasting a total installed capacity of 3,645 megawatts.