In 2023, EQSC decided to expand its business from developing large-scale solar power plant projects to entering the Private PPA (Private Power Purchase Agreement) business, or private electricity purchase agreements, for the following key reasons:
GROWING BUSINESS OPPORTUNITIES :
The solar energy market in Thailand still holds high growth potential. The Thai government has policies promoting the use of clean energy, combined with the continuously declining cost of solar panels. This has led to increased demand for solar energy from the business sector. The Private PPA business, therefore, presents a new business opportunity that EQSC can tap into.
RISK DIVERSIFICATION :
The Private PPA business helps EQSC diversify risks from large-scale solar power plant operations, which are exposed to volatile electricity prices and government policy risks.
REVENUE GROWTH :
The Private PPA business provides EQSC with a new revenue stream through offering solar energy system installation services and directly selling electricity to customers.
EXPANDING CUSTOMER BASE AND BUILDING RELATIONSHIPS :
The Private PPA business enables EQSC to establish strong and positive relationships with its customers.
MEETING CUSTOMER NEEDS :
Many customers want to install solar energy systems but lack the capital to invest themselves. The Private PPA business offers an ideal solution to meet the needs of this customer group.
ENHANCING CORPORATE IMAGE :
The Private PPA business helps enhance EQSC’s corporate image as a clean energy company committed to sustainable business development.
CUSTOMER'S BENEFIT
FREE INVESTMENT
EQSC invest all equipment: Solar panel, invertor, installatiion and etc.
MAINTENANCE FREE
EQSC have responsible to maintenance following MOU
INDIRECT BENEFIT
Carbon credit, Environment, Image, etc.
SAFETY AND STABLE
Risk less than rooftop solar and statable electricity.
LOWER COST POWER
Immediate reduce electric cost 10% from PEA.
EQSC'S PRIVATE PPA STRATEGY :
SCALABLE AND MOVABLE :
With EQSC’s proprietary solar panel installation structure, the company can expand its customer base, catering to a wide range of electricity needs. The system is easily movable, and installation or dismantling can be done quickly.
COMPREENSIVE SOLUTION
EQSC offers an all-in-one solution, including design, installation, maintenance, and electricity sales.
COMPETITIVE PRICING
EQSC offers competitive pricing to attract customers.
ZERO INVESTMENT
Importantly, customers do not need to invest upfront, providing a Zero Investment opportunity.
EQSC PROVIDES SOLUTIONS FOR PRIVATE PPA.
BENEFITS OF PRIVATE PPA
- Reduce Electricity Costs: Save up to 30% on electricity expenses compared to regular electricity rates.
- No Investment Burden: The Private PPA provider will invest in and install the entire solar power system.
- Improve Liquidity: Businesses do not need to allocate large capital for investment.
- Enhance Corporate Image: Demonstrates the organization’s commitment to environmental responsibility.
- Support ESG Goals: Aligns with good corporate governance standards.
PRIVATE PPA SUPPORTS BUSINESS EXPANSION
- Cost Reduction: Savings on electricity costs can be reinvested in other areas of the business.
- Enhanced Competitiveness: Lower production costs enable businesses to offer more competitive pricing.
- Attract Investors and Customers: Investors and customers increasingly prioritize socially and environmentally responsible organizations.
COP26 GOALS AND ESG POLICIES
- COP26: The COP26 agreement requires countries to reduce greenhouse gas emissions. Private PPA helps businesses achieve their carbon reduction goals.
- ESG: ESG policies focus on environmental, social, and corporate governance aspects. Private PPA aligns with these priorities.
EQSC: EXPERTS IN PRIVATE PPA.
EQSC offers comprehensive Private PPA solutions. Our team of experts has extensive experience and knowledge, ready to provide consultation and design systems tailored to your business needs.
EQSC is confident that the Private PPA business will become a key sector, driving the company’s growth and achieving our vision of becoming a leader in solar energy in Thailand.