Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, has bought a floating solar farm in Ubon Ratchathani from Bay Wa RE Solar Pte for 82.4 million baht in a move to grow its clean energy business.
The purchase of the 2.83-megawatt facility, which was made through its organic product manufacturing arm Ubon Saeng Arthid Co, is also aimed at helping UBE save 9 million baht per year on electricity bills.
Bay Wa RE Solar has operated the floating solar farm through Ubon Co since January.
