Independent Power Producer · Southeast Asia

Industrial Solar Energy on Contract

Modern Solar Farms is an Independent Power Producer (IPP) supplying long-term, fixed-price renewable electricity to industrial buyers across Southeast Asia — bankable Corporate PPAs backed by world-class renewable energy engineering.

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Backed by our Nasdaq-listed Danish partner — co-invested, two-decade operating track record.
Why Southeast Asia, Why Now
51%
Thailand's renewable electricity target by 2037 under the draft Alternative Energy Development Plan 2024, with 43 GW of solar capacity planned — a multi-decade policy runway for long-term PPA commitments.
$33–75
Per MWh — LCOE of new utility-scale solar in Thailand in 2024 (BloombergNEF). Against $79–86/MWh for new combined-cycle gas. Solar is structurally the cheapest new generation source in the region.
CBAM
EU CBAM entered its definitive phase in January 2026. For Southeast Asian exporters of steel, cement, aluminium, and fertilisers, Corporate PPA is a compliance instrument — not only an ESG commitment.
Impact Estimator

Your PPA in Numbers

Enter your annual electricity consumption and country to see the financial savings and Scope 2 carbon avoidance your PPA would deliver — across any contract term.

MWh / year
PPA Term
Rate Currency

1 USD = 35 THB — indicative, for comparison only

EGAT/PEA commercial rate, capped THB 3.99/kWh — NEPC Q4 2025
USD / MWh
Indicative C&I solar PPA, Thailand 2024–25 — BNEF / Apricum
USD / MWh
Expected annual rate at which your grid electricity price will rise.Thailand base-tariff 5-yr CAGR ~2%; 3% reflects moderate long-term escalation including fuel adjustment
% / year
Annual price step-up built into the PPA contract.Typical fixed-escalator clause in Thai C&I PPA contracts
% / year
Converts future savings into today's money (NPV). Use your cost of capital or WACC.Corporate WACC lower bound, Thailand — Damodaran Emerging Markets 2024
% / year
Financial Savings
—
Year 1 savings
—
NPV at 8% discount rate
—
Total savings over 15-year term
Carbon Avoidance — Scope 2
—
tCO₂e avoided / year
—
Total tCO₂e over term
≈— trees absorbing CO₂ for a year
≈— cars taken off the road annually
≈— long-haul return flights avoided
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Indicative only. Grid emission factors: IEA 2024–25. Retail tariffs: SEA commercial averages. Grid escalation default reflects moderate long-term regional trend. Actual terms subject to due diligence.

The Company

Institutional Engineering.
Commercial Reach.

As an Independent Power Producer, we own the generation asset behind every agreement and sign as principal counterparty for the full 15-to-25-year term. Delivery, certificate allocation, and operating performance sit with one party across the life of the contract — so buyers underwrite a named asset owner, not an intermediary.

Every farm is built and operated with a single development partner — a Nasdaq-listed Danish renewable energy company founded over two decades ago, co-invested in every project and accountable for engineering, construction, and long-term operating performance. Denmark generates over half its electricity from wind and solar, one of the highest renewable shares of any major economy, under domestic energy standards that exceed EU requirements. That is the environment this partner was built in.

Our Product

One Product.
Corporate PPA.

A Corporate Power Purchase Agreement is a long-term, fixed-price contract for the supply of renewable electricity from a specified generation asset — the primary structure used by industrial buyers globally to achieve electricity cost certainty and meet Scope 2 commitments with verifiable additionality.

01
Fixed Price, Long Term
Electricity costs locked for 15 to 25 years, eliminating exposure to spot market volatility and grid tariff escalation. For energy-intensive manufacturers, a long-dated fixed price fundamentally restructures the cost base of the business.
02
Named Asset, Real Additionality
Each agreement is tied to a specific, identified solar farm — satisfying the additionality requirements of EU RED III (Directive (EU) 2023/2413) and the EU Taxonomy Regulation (EU) 2020/852, both of which require new dedicated generation capacity tied to the buyer. Each MWh is matched to a Guarantee of Origin issued from that asset, delivering the auditable substance that unbundled or generic certificates cannot provide under CBAM verification, CSRD Scope 2 disclosure, or GHG Protocol market-based method.
03
Physical or Virtual Structure
Physical delivery for buyers with direct grid connection to a generation asset. Virtual structures for multi-site operations or buyers requiring financial settlement — both deliver equivalent renewable energy certificates and Scope 2 compliance.
04
Certificates Included
Every MWh is paired with a RED III-compliant Guarantee of Origin (Directive (EU) 2023/2413) issued from the named generation asset — satisfying GHG Protocol Scope 2 market-based method, EU CBAM verified carbon accounting, RE100 eligibility criteria, and EU Taxonomy Regulation (EU) 2020/852 environmental disclosure requirements. Certificates are allocated on a minimum monthly basis, with full asset-level traceability built for the transition to hourly matching required under RED III by 2030.
Agreement at a Glance
Minimum Tenor15 years
Maximum Tenor25 years
PricingFixed, indexed or floor/cap
DeliveryPhysical or virtual
Farm StructureShared pool or dedicated
CertificatesGoOs / RECs included
Focus RegionSoutheast Asia
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Market Context

A Region Restructuring
How It Buys Energy.

Southeast Asia's industrial energy markets are undergoing a structural shift. Governments across the region are introducing frameworks that allow large electricity consumers to contract renewable power directly from producers — moving away from single-buyer utility models that have historically prevented corporate buyers from accessing competitive renewable pricing.

Thailand has approved a pilot framework enabling direct renewable energy procurement for qualifying large consumers. Malaysia's MESI 2.0 reforms introduced third-party access allowing industrial buyers to wheel renewable power through the national grid. Vietnam's direct PPA framework has been advancing under Decree 80/2024.

The underlying economics are compelling. BloombergNEF places new utility-scale solar in Thailand at $33–75/MWh — structurally cheaper than new gas at $79–86/MWh and continuing to fall. The Asian Development Bank committed an $820 million loan package for Thai solar-plus-storage projects in late 2024, reflecting international lender confidence in well-structured regional projects.

— Sources BloombergNEF Thailand Net-Zero Power Grid Report, May 2025 · Asian Development Bank, 2024 · Thai draft AEDP 2024 · EU CBAM Regulation (EU) 2023/956 · EU RED III Directive (EU) 2023/2413 · EU Taxonomy Regulation (EU) 2020/852 · CSRD Directive (EU) 2022/2464 · GHG Protocol Scope 2 Guidance (2025 update) · IEC 61215-1:2021 & IEC 61730-1:2023 · Watson Farley & Williams Energy Law Review, 2024

$33–75
LCOE per MWh, new Thai utility-scale solar vs $79–86 for gas (BNEF 2025)
43GW
Thai solar capacity target by 2037 — draft Power Development Plan 2024
$820M
ADB loan committed for Thai solar-plus-storage, late 2024
3+
Southeast Asian markets with direct renewable procurement frameworks advancing in 2024–25
How It Works

From Enquiry to Live Supply

01
Needs Assessment
Share your annual electricity consumption, load profile, site locations, and Scope 2 obligations. We assess which PPA structure fits your volume — and advise on which local regulatory frameworks apply to your operations.
02
Structuring & Negotiation
Our commercial team works with your procurement and legal advisors on pricing structure, credit terms, contract mechanics, and certificate allocation. We engage our development partner on project sizing and site feasibility in parallel.
03
Construction & Live Supply
Agreement executed. Our development partner commences site permitting and construction to IEC 61215 and IEC 61730 module performance and safety specifications. System monitoring is configured to IEC 61724-1. Metering, settlement, and certificate allocation finalised. Clean electricity flows to your operations for the full term of the agreement.
Who We Work With

Built for High-Volume Buyers

Corporate PPAs are most valuable to organisations with large, predictable electricity loads and material Scope 2 reporting obligations. We work with buyers able to commit to a minimum 15-year term.

Industrial Manufacturers
Energy-intensive facilities in automotive, chemicals, and electronics for whom long-term price certainty is operationally critical and CBAM compliance is a growing commercial requirement.
Data Centres
Hyperscale and colocation operators expanding across Southeast Asia, requiring demonstrated renewable supply to meet RE100 commitments and ESG reporting requirements.
Industrial Estates
Estate operators and anchor tenants seeking estate-wide renewable procurement to retain multinational occupiers with corporate renewable energy mandates.
Export Manufacturers
Businesses supplying CBAM-covered goods to the EU — steel, cement, aluminium, fertilisers — for whom verified clean electricity is becoming a condition of market access.
Commercial Enquiries

Request a PPA

Our team responds to qualified enquiries within two business days. Please include your anticipated annual electricity consumption and operational locations so we can advise on structure and applicable local frameworks.

Corporate Enquiries
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Enquiry Received

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The information on this website is provided for general informational purposes only and does not constitute legal, financial, or regulatory advice. Renewable energy regulatory frameworks across Southeast Asia are subject to change; prospective buyers should seek independent legal and commercial advice regarding regulations applicable in their jurisdiction. Nothing on this site constitutes a binding offer or commitment.

Privacy Policy

Overview

Modern Solar Farms Ltd ("we", "us", or "our") respects your privacy. This policy explains how we collect, use, and protect information you provide when interacting with this website or contacting us regarding Corporate Power Purchase Agreements.

Information We Collect

We collect information you voluntarily provide through our enquiry form, including your name, company name, job title, email address, country, and details of your energy requirements. We do not collect any information automatically beyond standard web server logs (IP address, browser type, page visited) retained for security purposes.

How We Use Your Information

Information submitted through the enquiry form is used solely to respond to your PPA enquiry, assess project feasibility, and communicate relevant developments regarding our solar energy offering. We will not use your information for unrelated marketing without your explicit consent.

Data Sharing

We do not sell, rent, or share your personal information with third parties, except where required by law or necessary to engage development partners and legal advisors directly involved in structuring your agreement. Any such parties are bound by equivalent confidentiality obligations.

Data Retention

We retain enquiry data for as long as is reasonably necessary to pursue a potential agreement or for up to three years from last contact, whichever is shorter, after which it is securely deleted.

Your Rights

You may request access to, correction of, or deletion of your personal data at any time by contacting us directly. We will respond within 30 days.

Contact

For any privacy-related questions, please contact us via the enquiry form on this website or reach out to our compliance team directly.

Last updated: May 2026