Message from the Chairperson
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.

(Dr. Wandee Khunchornyakong Juljarern)


In 2023, the Board of Directors of SPCG Public Company Limited (“SPCG”) remains committed to performing their duties to the best in terms of managing the company's operating results, seeking profits, managing the organization, considering investment opportunities to expand the business to grow continuously and sustainably under changing circumstances from both internal and external economic dimensions. Including the environmental dimension especially significant climate change. As well as rapid changes in technological innovations and the modern digital society. This brings with it challenges in adapting to change and development of SPCG's potential. 

In 2023, SPCG announced its intention to promote the reduction of the country's greenhouse gas emissions. SPCG will strive towards carbon neutrality by 2030. And has signed a memorandum of understanding for the purchase of renewable energy production certificates (Renewable Energy Certificate: REC) together with Innopower Company Limited "INNOPOWER", a subsidiary of the Electricity Generating Authority of Thailand (EGAT), a leader in energy innovation. The objective is to jointly promote Thailand's greenhouse gas emissions reduction goals of achieving carbon neutrality by 2050 and achieving net zero greenhouse gas emissions within the year 2065. It also promotes the use and production of electricity with environmentally friendly renewable energy through the trading of REC. INNOPOWER will be the representative in managing and trading RECs in over a period of 5 years, SPCG expects that the company's 36 Solar Farm projects in Thailand 260 MW capacity will be able to issue approximately 370,000 RECs per year.

SPCG places importance on measures to prevent and deal with emergency situations (Emerging Risk) and risks that may occur in both the short and long term to maintain continuity in business activities. By truly considering stakeholder, partners, customers, shareholders, as well as every team member. We focus on increasing the efficiency of executives and employees. And at the same time, we also have a policy to reduce costs in managing various costs. Both presently and in the future have decreased significantly. To strengthen liquidity and maintain the company's operating results and profits.

Other than creating growth in operating results, the company still places importance on sustainable business operations in various dimensions, good governance, transparency, and auditability along with supervision of subsidiaries. Every company conducts business according to the principles of good governance with responsibility to all stakeholders and care for the environment and society. Including seriously supporting the fight against corruption, in 2023 SPCG received an evaluation score for listed companies with 5-star corporate governance of "Excellent" for the first year.

SPCG as a pioneer and developer of solar power generation business which is clean energy and environmentally friendly. And it is an alternative energy that plays an important role in strengthening the stability of electricity power which has no cost. Able to support the country's economic growth in the long run. It also helps preserve the environment sustainably by reducing carbon dioxide emissions, Major causes of global warming. Together with the crisis of high electricity prices and the rising demand for electricity from solar energy has resulted in huge investments, creating jobs and creating economic and social growth at the national level. And able to lead the global society to be a leader in a low carbon society (Low Carbon Society) in the ASEAN Community

SPCG 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. And Solar Farm in Japan under the project name “Tottori Yonago Mega Solar Farm” in Tottori City. With the total installed capacity of 30 MW, and the “Ukujima Mega Solar Project” in Sasebo, Nagasaki Prefecture. The total installed capacity of 480 MW and Fukuoka Miyako Mega Solar at Kyushu Island, Miyako City, Japan total installed capacity of 67 MW. SPCG has a total capacity of over 400 MW in both Thailand and Japan and has set a target in the next five years to have a power generation capacity of not less than 1,000 MW.

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