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Monday, April 29, 2024

Gunkul projects higher revenue for 2021

Gunkul Engineering expects its 2021 revenue to grow by 15-20% from last year, thanks to new development projects in renewable energy, construction engineering services and electrical equipment trade.

The increase is similar to its 15% growth last year.

Gunkul’s chief executive Sopacha Dhumrongpiyawut said the main sources of revenue in 2021 will come from enhanced power generation capacity, particularly for solar and wind farms operated both domestically and overseas.

“We will have a full year of solar farm operations in Vietnam and Malaysia with total capacities of 100 and 30 megawatts, respectively. Rooftop solar panels for corporate clients will also generate an additional 50MW,” she said.

Gunkul is continuing to increase capacity, with plans to obtain licences to run a 200MW wind farm in Thailand, 400MW wind and solar farms in Vietnam and a 100MW solar farm in…

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