SPCG and KYOCERA Complete 35 Utility-Scale Solar Farms in Thailand, Totaling 257 Megawatts

  SPCG and KYOCERA Complete 35 Utility-Scale Solar Farms in Thailand, Totaling
  257 Megawatts

   One of the largest in Southeast Asia, the solar power project can power
                           287,500 local households

Business Wire

KYOTO, Japan -- July 29, 2014

SPCG Public Company Limited (SET:SPCG) and Kyocera Corporation
(NYSE:KYO)(TOKYO:6971) today announced the full operational launch of one of
Southeast Asia’s largest solar power projects. Since 2010, 35 “solar farms”
totaling approximately 257 megawatts (MW) have been constructed under the
project, and connected to the utility grid in Northeastern Thailand. A
ceremony held earlier this month in Surin Province commemorated the launch of
the installations.

7.46MW solar power plant in Korat, Thailand (Photo: Business Wire)

7.46MW solar power plant in Korat, Thailand (Photo: Business Wire)

Thailand’s rapidly expanding economy has brought rising concerns regarding the
national power supply in recent years, alongside growing awareness of the need
to reduce dependence on gas imports. In order to diversify its energy
portfolio, a feed-in-tariff system for renewable energy sources was adopted in
2007. In response to the resulting strong demand for renewable energy, SPCG
commenced the solar farm project in 2009 to construct and operate multiple
solar power plants in Thailand. Kyocera was chosen to supply the necessary
solar modules, totaling approximately 1,100,000 panels for all sites. The
35^th solar farm was completed and connected to the utility grid in June 2014.

The project has an annual power output of approximately 345,000,000kWh — equal
to the annual electrical consumption of approximately 287,500 Thai
households^*. The power generated from the solar farms will be supplied to the
Provincial Electricity Authority of Thailand (PEA).

“Drawing from our four decades of experience in the solar industry, Kyocera
has delivered high-quality solar modules which will generate clean, renewable
energy for many years to come,” stated Mr. Nobuo Kitamura, Senior Executive
Officer and General Manager of the Corporate Solar Energy Group at Kyocera
Corporation. “Kyocera is honored to have taken part in this project, which we
believe is an important milestone for the development of solar energy in

“SPCG is very proud to be a pioneer of solar farm development in Thailand and
the ASEAN community. SPCG is confident that our success will be an aid to
future generations,” said Ms. Wandee Khunchornyakong, CEO of SPCG Public
Company Limited. “We are highly honored to be able to achieve this together
with Kyocera, our long-term partner, with whom we shared the same philosophy,
vision, and determination to develop one of the best solar projects in the

The companies hope that the newly launched solar farms will reinforce the
region’s power supply. They remain committed to promoting solar energy as a
means to attain a low-carbon society.

* Calculated by SPCG, based on an average annual household power consumption
of 1,200kWh.

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About SPCG Public Company Limited

SPCG Public Company Limited (SET:SPCG) (http://www.spcg.co.th/en/) is a listed
company on the Stock Exchange of Thailand under the Energy sector. It is a
holding company with full ownership or a majority share in 43 other
enterprises. SPCG is a pioneer in solar farm and solar roof development in
Thailand and the ASEAN community. As of today, the company has developed 36
solar farm projects in Thailand with a total of about 260MW in 10 provinces
throughout the Northeast of Thailand and Lopburi, with a total land area of
about 5,000 rais (2,000 acres). The group is also a pioneer in the solar roof
business in Thailand by implementing the Solar Roof Brand Ambassador since May


Kyocera Corporation (NYSE:KYO)(TOKYO:6971) (http://global.kyocera.com/), the
parent and global headquarters of the Kyocera Group, was founded in 1959 as a
producer of fine ceramics (also known as “advanced ceramics”). By combining
these engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of solar power generating
systems, mobile phones, printers, copiers, electronic components,
semiconductor packages, cutting tools and industrial ceramics. During the year
ended March 31, 2014, the company’s net sales totaled 1.45 trillion yen
(approx. USD14.1 billion). The company is ranked #531 on Forbes magazine’s
2014 “Global 2000” listing of the world’s largest publicly traded companies,
and was named as the world’s No.1 manufacturer of advanced ceramics in the
latest ranking by Ceramic Industry magazine.

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SPCG Public Company Limited (Thailand)
Website: http://www.spcg.co.th/en/
Email: ir@spcg.co.th
Tel: +662-712-6202
Fax: +662-712-6088
KYOCERA Corporation (Japan)
Hina Morioka
Corporate Communications
Website: http://global.kyocera.com/
Email: webmaster.pressgl@kyocera.jp
Tel: +81-(0)70-6504-5232
Fax: +81-(0)75-604-3516
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