GPSC moves onward a solar energy business in Japan, Expecting to begin commercial operation in 2017.
GPSC pursues its Quick Win, meaning to grow faster through short-term projects or acquisitions roadmap – investing in Ichinoseki Solar Power - 1 GK, signing Site Preparation Contract worth of over 1 billion JPY with SUMITOMO MITSUI CONSTRUCTION CO., LTD., TOHOKU BRANCH (SMCC). The project is expected to begin commercial operation in 2017.
Mr. Kowit Cheungsatiansup, Vice President of Corporate Planning of Global Power Synergy Public Company Limited (GPSC), one of Thailand leading producers and distributors of electricity, steam and utilities and PTT group’s power flagship signs a Site Preparation Contract worth of over 1 billion JPY with SUMITOMO MITSUI CONSTRUCTION CO.,LTD., TOHOKU BRANCH (SMCC) in order to start the site preparation and construction plan of Ichinoseki Solar Power Plant - 1GK. Electricity generation capacity of this 1 GK is 20.8 MW, as authorized by Japan’s Ministry of Economy, Trade and Industry (METI). GPSC has invested in Ichinoseki Solar Power - 1 GK, holding 99% of the shares to do solar power energy business in Iwate Prefecture, Japan. The project is supported by Japanese government on the usage of renewable energy after nuclear accident at Fukushima Nuclear Power Plant by Tsunami in 2011. This project is expected to begin commercial operation in 2017.
Mr. Kowit says “We are honored to gain trust and full support from Japanese government in this project. It is a part of our growth strategy which focuses on short-term projects or acquisitions with the aim to move forward to be one of the global power leaders according to the investment plan of both domestic and international expansion.”