% in Q3’2018 and 2) the revenue from the 30.8 MW Solar WVO - COOP projects which started commercial operation in December 2018. Electricity Sales to EDL • Electricity sales to EDL increased 150.5% y-on-y
start to recognize revenue from the solar power plant in Japan, Ichinoseki Solar Power 1GK (ISP1). This marks an important milestone for GPSC and PTT group in expanding its power business abroad also
of IRPC-CP and ISP1 after start-up operation in Q4/2017 and the increase in revenue of the Combine Heat and Power Producing Company Limited (CHPP) from solar panel installation services on gas station
of IRPC-CP and ISP1 after start-up operation in Q4/2017 and the increase in revenue of the Combine Heat and Power Producing Company Limited (CHPP) from solar panel installation services on gas station
million mainly due to the decreased in revenue from Combine Heat and Power Producing Company Limited (CHPP) by Baht 19 million as a result of the lower revenue from solar cell implementation; despite the
generation in Q1/2018 causing the gross profit to increase by Baht 26 million or 5% from Q1/2018. • Ichinoseki Solar Power 1 GK (ISP1): The revenue in Q2/2018 had increased by Baht 73 million due to the heavy
Solar Energy Public Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction value of Baht 1,695 million 2. The meeting resolved to approve the
Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction
budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen
the same level as that of last quarter. • Gross profit of Very Small Power Producer (VSPP) and others decreased by THB 59 million mainly from decreased revenue from electricity sales of Ichinoseki Solar