Asian Development Bank signs US$7.2m loan for Thailand wind-plus-battery project

The Asian Development Bank (ADB) has signed a loan deal for its first wind energy-plus-battery storage project in Thailand, which is also the country’s first private sector initiative to combine the two technologies at scale.

The ADB told this morning that it will lend THB235.55 million (US$7.2 million) for the construction of the Southern Thailand Wind Power and Battery Energy Storage Project, has added an “integrated” 1.88MWh battery energy storage system (BESS) to an existing 10MW wind turbine power plant.

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Andy Colthorpe