SET-listed SPCG, a pioneer in solar farm development in Thailand, continues to expand its solar energy empire by acquiring land to build new renewable power facilities in the Eastern Economic Corridor (EEC).
Pipat Viriyatranon, SPCG’s vice-president for financial affairs, said the land purchase covers 23 areas across the EEC zone.
The company allocated 3 billion baht for purchase and land preparation to build solar farms with an estimated electricity generation capacity of 316 megawatts as part of first-phase development.
SPCG will add nearly 200MW in the second phase, he said.
The company was awarded a solar farm development project worth 23 billion baht from the EEC Office in December 2020.
Under the company’s original…
