MESSAGE FROM CHAIRMAN
Throughout the past period, Thai Solar Energy Public Company Limited (TSE) has invested in many different types of renewable energies and conducted business under the operational policy with integrity and transparency. We also endeavor to expand our business that generates and distributes electricity from solar power and other types of renewable energies in response to the country’s demand for electric power which is on a continuously rising trend. Apart from that, the Company continues to seek overseas investment opportunities through our highly experienced and skilled personnel, business allies, and financial strength.
In the year 2019, trading of TSE has been moved from the Market for Alternative Investment (MAI) to the Stock Exchange of Thailand (SET) under Resources Group in Energy & Utilities Sector since May 14, 2019. At present, the Company has 40 projects operated both in Thailand and Japan with the total selling capacity of 313.92 megawatts (MW). Of the total, there are 32 domestic projects with the total selling capacity of 137.2 MW and 8 Japanese projects with the total selling capacity of 176.72 MW.
Regarding its investment plan, TSE plans to invest in the renewable power plants domestically and internationally with the targeted production capacity increase of 50-100 MW. Besides, the Company is interested in participating in an auction for community power plants – the biomass and solar power projects, which are under Thailand’s Power Development Plan for 2018 – 2037 (PDP 2018).
Finally, on behalf of the Company’s Board of Directors, Executives, Employees and Subsidiaries, we would like to thank all our shareholders, clients, partners, business allies to rely on us and support our business all along. In the meantime, the Board of Directors, Executives and Employees will devote our best efforts to carry out the duties under the good corporate governance principle and take part in developing society, community and environment so as to build up future solid growth.
Ms. Cathleen Maleenont
Chairman of the Board