Electricity Generating Authority of Thailand (EGAT) has signed a contract with a consortium of Mitr Phol Energy Services Co, PEA ENCOM International Co and Dongfang Electric International Corporation (MPD Consortium) to build a hydro-floating solar hybrid project at the Ubol Ratana Dam in Khon Kaen Province.

The project at Ubol Ratana Dam is a part of EGAT's clean energy development project. EGAT plans to develop an additional 15 hydro-floating solar hybrid projects nationwide to support renewable energy demands sustainably according to the national policy. 

The 24MW project at Ubol Ratana Dam will generate electricity from clean energy by using a hybrid system that combines solar power and hydropower along with a Battery Energy Storage System (BESS) to help stabilize electricity generation from renewable energy.