, oil price started tumbling, increasing marketing margin. Power plant business recorded a higher total electricity sales both from the solar power plants in Thailand and Japan. For projects in Thailand
part of the 3E project (Efficiency, Energy, and Environmental Project), lowering the cost of producing electricity and steam 9 | Management Discussion and Analysis of Business Operation for the year 2017
electricity sales compared to the previous quarter, mainly attributed to electricity sales of the solar power plant projects in Japan, due to seasonal factors of which Q2 of ever year is a period of clear skies
- - 11.4 17.8 6.4 56.1% Sales from Solar Energy Power Plants 3.4 5.0 4.7 4.7 - - 11.4 17.8 6.4 56.1% Total sales and service income 1,314.1 1,386.0 1,467.7 1,559.1 91.4 6.2% 4,987.6 5,726.9 739.3 14.8
% Cooperative Solar Project (12 MW) 5.40 4.51 4.92 -9% 9% 8.06 9.44 17% Solar Power Business – Japan (30 MW) 14.56 9.16 14.89 2% 63% 21.15 24.04 14% Total Electricity Sales (Million kWh) 82.63 75.19 81.58 -1% 9
factor affected this quarter’s revenue. 2. Solar power plant projects in Japan recorded a decrease of electricity sales by 7% QoQ, as the country entered its rainy season late in the quarter, resulting in
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Power Plants 114.0 127.9 127.8 133.5 5.7 4.5% 482.2 503.2 21.0 4.4% Sales of electricity - Base tariff and Ft 5.3 5.2 5.1 4.4 (0.7) (13.7%) 17.8 20.0 2.2 12.4% Sales from Solar Energy Power Plants 5.3 5.2
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. Furthermore, the solar power plant projects both in Thailand and Japan recorded decline in electricity sales due to lower average irradiation hours in Thailand, and a reduction of electric power purchased