Consumption of solar energy makes Q1 bright for SPCG
TUESDAY, MAY 12, 2020
The first quarter has been profitable for solar-farm operator SPCG, which made a net profit of Bt837.8 million, up 7 percent year-on-year, thanks to a rise in the sale of power generated from its 36 solar farms and the sale of solar roofs by its subsidiary Solar Power Roof (SPR).
SPCG Plc has signed a memorandum of understanding (MoU) with Mitsubishi UFJ Lease & Finance Co Ltd (MUL), Kyocera Corp (Kyocera), and PEA Encom International (PEA Encom), for the establishment of a Bt30-billion joint venture company for the manufacturing and installation of solar roof systems.