On July 3, 2014 the representatives of the Securities and Exchange Commission and the Stock Exchange of Thailand visited Thai Solar Energy Public Company Limited.
On June 23, 2014, The representatives of Securities and Exchange Commission (SEC) and the representatives of The Securities Exchange of Thailand visit TSE’s Site at Kanchanaburi Province to prepare for the registration in The Listed Companies in The Securities Exchange MAI
Dr. Cathleen Maleenont (CEO) and Management Team of Siam Solar Energy 1 Company Limited and Mr. Jakchai Barlee, President Global Power Synergy Company Limited, a subsidiary of PTT Group have joined the grand opening ceremony at Siam Solar Energy 1 Company Limited at the branch of SSE1-PV4 and SSE1-PV5 at Tambon Nongkrathum, Amphur Doembangnongbuat , Suphanburi Province from 10 photovoltaic solar power plants with combined output of 80MW ac in the provinces of Kanchanaburi and Suphanburi with investment worth more than 7 billion baht. At present, 7 photovoltaic solar power plants have been commercial operating and all will be completely operating within June 2014.
Siam Solar Energy 1 Company Limited is the joint venture between Thai Solar Energy Company Public Company Limited and Global Power Synergy Company Limited, a subsidiary of PTT Group. This will be developing and creating clean energy to both domestic consumption and likewise those within the Southeast Asian region. Thoroughly, there will be the opportunity to expand the business and to be the leader of renewable energy business in the near future.
Siam Solar Energy 1 Co., Ltd. won two awards at the Asian Power Awards 2013:
1. Fast Track Power Plant of the Year
2. Power Utility of the Year (Thailand)
Asian Power Awards 2013 hails outstanding power companies in Asia
Nearly 100 executives from power companies gathered for the awards night.
Now on its 9th year, Asian Power Awards 2013 recognized the best initiatives and projects in Asia. The ‘Oscars’ of the power industry held in Bangkok, Thailand was graced by nearly 100 key executives from exceptional companies in the industry who relentlessly strive for great quality and excellence in their respective categories.
The judges were John Goss, Managing Director at Ceejay International; Narayan Bhat, Head, Power Asia at Lloyd´s Register Group; and John Yeap, Partner and Head of Energy – Asia at Pinsent Masons.
Addressing the winning companies during the awards night, Yeap said, “We are always impressed by your nominations every year and the projects have been improving significantly. Congratulations to all the winners.”
Asian Power congratulates the companies who made it to this year´s Asian Power Awards. The winning companies
Solar Power Project of the Year:
Gold – Pratapghar 9 MWp Solar Power Plant powered by Integrated Coal Mining Limited
Silver – 100kW Offgrid Hybrid Inverter HITC for island electrification powered by Zigor HK Ltd.
Bronze – SPP2, SPP3, SPP4, and SPP5 Tracking Solar Power Plants powered by Electricity Generating Public Company Limited [EGCO]
Hydro Power Project of the Year:
– SON LA HYDROPOWER PROJECT powered by Alstom Hydro China Co., Ltd & Vietnam Electricity Group (EVN)
Biomass Power Project of the Year:
– Metso
Wind Power Project of the Year:
– Longyuan Offshore Demonstration Wind Farm – Jiangsu Longyuan Offshore Wind Power Co.Ltd
Coal Power Project of the Year:
Gold – Hubei Xisaishan Power Project powered by Meiya Power Company
Silver – Trouble free operation for 5,000 days of Boryeong thermal power plant unit #3 powered by KOMIPO
Bronze – Mong Duong II, Vietnam powered by Victaulic
Gas Power Project of the Year:
Gold – Dangjin 3 CCPP – More than 60 percent efficiency for the first time in Asia – GS EPS Co. Ltd.
Silver – Paju Co-Generation Combine Cycle Power Plant Korea District Heating Corp. (KDHC) powered by EMERSON PROCESS MANAGEMENT ASIA PACIFIC PTE LTD
Fast-Track Power Plant of the Year:
Gold – SON LA HYDROPOWER PROJECT powered by Alstom Hydro China Co., Ltd & Vietnam Electricity Group (EVN)
Silver – Siam Solar Energy 1 Co., Ltd.
Bronze – Mong Duong II, Vietnam powered by Victaulic
Environmental Upgrade of the Year:
Gold – Hubei Xisaishan Power Project powered by Meiya Power Company
Silver – NOx Emission Reduced Project of the Gas-Fired Combined Cycle unit at NanPu Power Station powered by Taiwan Power Company
Bronze – GE
Transmission & Distribution Project of the Year:
Gold – Chui Ling Road 132KV Substation: A Showcase of Stakeholder Participative Model and Sustainable Design in Hong Kong powered by CLP Power Hong Kong Ltd.
Silver – Integrated Call Centre with SAP BCM Support powered by Tata Power Delhi Distribution Ltd.
Bronze – A Successful Case in Preventive Maintenance Management powered by Taiwan Power Company
Power Plant Upgrade of the Year:
Gold – Eco-friendly and high-efficiency Energy Complex for Yeongheung Units 5 and 6 powered by Korea South-East Power Co.
Silver – Shinincheon Combined Cycle Power Plant Improvements powered by Korea Southern Power Co., LTD
Bronze – ZhuZhou Power Plant, China powered by Victaulic
Innovative Power Technology of the Year:
Gold – Achievement of trouble-free operation during 3,000days powered by Korea Southern Power Co., LTD
Silver – Ongrid/Offgrid Three Phase Hybrid System HITD powered by Zigor HK Ltd.
Bronze – Improving power system efficiency with Fast Flexible Power – Case Thailand. Powered by Wärtsilä
Smart Grid Project of the Year:
– Development and Establishment of A Data-Management Platform for Monitoring of Lightning Arresters powered by Taiwan Power Company
Information Technology Project of the Year:
Gold – Origin’s Information Technology Project of the Year – Origin
Silver – Load Forecasting Solution powered by Reliance Infrastructure Ltd
Bronze – Integrated Call Centre with SAP BCM Support powered by Tata Power Delhi Distribution Ltd.
Power Utility of the Year:
(Thailand) Siam Solar Energy 1 Co., Ltd.
Power Utility of the Year:
(Vietnam) SON LA HYDROPOWER PROJECT powered by Alstom Hydro China Co., Ltd & Vietnam Electricity Group (EVN)
Power Utility of the Year:
(China) Hubei Xisaishan Power Project powered by Meiya Power Company
Power Utility of the Year:
(India) 382.5 UNOSUGEN CCPP – TORRENT POWER LIMITED
Power Unitility of the Year:
(Korea) Trouble free operation for 5,000 days of Boryeong thermal power plant unit #3 powered by KOMIPO
Independent Power Producer of the Year:
Gold – SINGRAULI SUPER THERMAL POWER STATION powered by NTPC Limited (Govt. of India Enterprise)
Silver – 382.5 UNOSUGEN CCPP – TORRENT POWER LIMITED
Bronze – Rays Solar Park powered by Rays Power Experts Private Limited
CEO of the Year
Mr. Lee, Sang Ho, Korea Southern Power Co., LTD.
Dr. Cathleen Maleenont, Chief Operating Officer, as well as the management team, both of Thai Solar Energy Co., Ltd. (TSE) which generates electricity using heat power from the solar energy.
The company has realized at present the effects of the global warming, as well as an increase in energy consumption within the country (Thailand) in the future in line with the Provincial Electricity Authority’s (PEA) plan to purchase electricity from the so-call rotating energy; therefore, the company has made investment in the area of photovoltaic solar power plants, in process directly converting and making use of the solar energy into electricity power. In light of this investment in particular, the company has received financial support from Bangkok Bank Public Co., Ltd. up to 5,400,000,000 (5.4 billion) Baht. However, 10 projects together, with production capacity of 80 megawatts, worth more than 7,000,000,000 (7 billion) Baht in investment value, are expected to generate more than 1,000,000,000 (1 billion) Baht in annual income.
Under the management of Siam Solar Energy 1 Co., Ltd. which is the joint management between Thai Solar Energy Co., Ltd. and PTT Public Company Limited., the representatives from both parties will incorporate into business management which means will set up the policy, direction and guidance by getting approval from the management committees.
Dr. Pailin Chuchottaworn, Chief Executive Officer and President of PTT Public Company Limited has acquired a 40 per cent stake in Thai Solar Renewable (TSR) which owns 100 per cent of Siam Solar Energy 1 (SSE1).
This joint venture will build the business opportunities and support business expansion in order to strengthen in solar power plant business and be a leader in other renewable energies to sustainable energy in the future .
Mr. Somphop Prompanapitak, Chief Operating Officer, Thai Solar Energy Co., Ltd. stated that the company is considering fund raising by preparing for the registration in The Listed Companies in The Securities Exchange MAI in next 12 months. The company also studies the other fund raising from other sources such as Infra-structure fund. Besides, the company is interested to expand the business for renewable projects such as wind, biomass, napier grass which the government encourages at the moment.
Mr. Vic Kichodhan, Chief Technical Officer, Thai Solar Energy Co., Ltd. stated that the company has invested in the building of photovoltaic solar power plants in Thailand using technologies from world leading suppliers from Europe and America which different from the previous project at Huai Krachao. However, the 10 photovataic solar power plants projects under construction are all expected to be finished by June 2013.