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Wednesday, May 15, 2024

SPCG still upbeat on revenue despite expiry of adder tariffs

SPCG’s Solar Power Korat 1 plant in the northeastern province of Nakhon Ratchasima.

SET-listed SPCG, a pioneer in solar farm development in Thailand, expects revenue this year to be on par with last year, although it has lost money through the expiry of adder tariffs granted to its solar farms.

Revenue from sales of electricity from its solar farms as well as fuel tariffs added to the electricity it sells to the Electricity Generating Authority of Thailand will offset…

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