Message from the Chairperson
“CONTINUING TO GIVE BEST VALUE, BEST DESIGN, BEST OUTPUT AND BEST SERVICE TO ALL OF CUSTOMERS”

"Continuing to give best value, best design, best output, and best service to all customers" means to commit to building confidence in product quality, design development for optimum performance and excellent service to our customers. SPCG continues to seek new opportunities and investment options in both domestic and foreign markets to grow and expand the business base, which creates added value to the shareholders. 


(Dr. Wandee Khunchornyakong Juljarern)
Chairperson

During the year 2020, SPCG Public Company Limited (“SPCG”) has carefully adapted to the situation of the coronavirus infection (Covid-19) epidemic. With true consideration of all stakeholders whether business partners, customers, shareholders or even employees. SPCG has no policy to reduce the number of employees. Instead, we will focus on enhancing the efficiency of executives and employees under the approach of “New Normal Concept”. At the same time, SPCG has a policy to reduce the cost of Administrative expenses. This resulted in a significant reduction of O&M (Operating & Maintenance) costs for both current and future solar farm businesses to strengthen the liquidity and maintain the profit of the company. In addition, this year the government has a policy to reduce the tax amount at the rate of 90 percent of the calculated tax amount. For land or buildings, which SPCG can reduce such expenses as well.
Solar power business is a clean energy that is environmentally friendly and it is an alternative energy that plays an important role in enhancing the security of electric power which has no cost expenses. It can support the long-term economic drive of the country and also helps to preserve the environment sustainably. By reducing carbon dioxide emissions which is the main cause of global warming. To step into a low carbon society and in line with Sustainable Development Goals (SDGs). In addition, the government set a target to generate electricity from renewable energy and alternative energy. In accordance with the Power Development Plan of Thailand 2018-2037, revised No. 1 (PDP 2018 Rev.1), has set a target for an increase in solar power generation capacity from 6,000 MW to 9,290 MW. This has resulted in enormous investments that help create jobs, create economic and social growth at the national level. 
Therefore, SPCG, as a pioneer of Solar Farm and Solar Roof developer in Thailand and ASEAN currently has a total of 36 Solar Farms in 10 provinces, namely Nakhon Ratchasima, Khon Kaen, Sakon Nakhon, Nong Khai, Udon Thani, Nakhon Phanom, Loei, Surin, Buri Ram and Lopburi, total land area about 5,000 rai with a total generating capacity of 260 MW. Play an important role in driving Thailand to be the leader in solar power generation and consumption in the ASEAN region, be a leader in the use of clean energy and reducing global warming with solar energy. At the same time reduce fuel imports, foreign currency loss, the state of poverty in the region due to employment. Enhances the quality of life, stimulate the regional economy due to investment. Helping to preserve nature and the environment resulting in sustainability transmitted to the future generations.
 
SPCG has expanded the business in Solar Farm projects in Japan under the project name “Tottori Yonago Mega Solar Farm” in Tottori City. With the total installed capacity of 30 MW, which has started commercial operation date (COD) since 2018 and the “Ukujima Mega Solar Project” in Sasebo, Nagasaki Prefecture.  The total installed capacity of 480 MW (17.92% of SPCG's shareholding, or 86 MW) is currently under development. And the timeline for completion in year 2023. Currently, SPCG has a total capacity of  over 400 MW in both Thailand and Japan. In addition, SPCG has invested in solar power generation projects for use in new urban areas Eastern Economic Corridor (EEC) Special Development Zone. With the total installed capacity of not less than 500 MW through Set Energy Company Limited (SET ENERGY), SPCG has set a target in the next five years (2025) to have a power generation capacity of not less than 1,000 MW.

On behalf of the Board of Directors, Management and Employee of SPCG, we would like to express our gratitude to our shareholders and stakeholders. As well as those involved in the operations of the company that has always trusted and supported SPCG. And we pledge to be determined and committed to the mission. To create growth and return for shareholders and stakeholders in a fair and sustainable manner. By adhering to operating the business according to the principles of good governance. Responsible for society and environment and anti-corruption in all forms for the organization to grow steadily and sustainably.
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