Thailand’s SPCG Completes 30 Megawatts of Solar Power Projects

SPCG Pcl (SPCG), Thailand’s biggest developer of solar farms, has completed 30 megawatts of sun- powered capacity, it said in a filing today.

Four projects of 7.46 megawatts each were finished this month and will start commercial operations on Jan. 31, Chief Executive Officer Wandee Khunchornyakong said in a statement sent to the Stock Exchange of Thailand.

The farms have signed contracts to sell their power to the Provincial Electricity Authority of Thailand, according to the statement. They will receive a 10-year subsidy of 8 baht (25 cents) per kilowatt-hour, Khunchornyakong said.

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