Kroh Energy Targets 100% Growth This Year With New Business Plan

Khaosod•Economy•1d ago

Reader Briefing

Kroh Energy Green Corporation aims for 100% revenue growth in 2026, driven by solar installations and PPA expansion, while navigating rising panel costs.

•Kroh Energy Green Corporation is targeting 100% revenue growth in 2026, aiming to expand its clean energy leadership.
•The company plans to grow through private power purchase agreements (PPAs) for various industries and residential sectors, as well as solar farm and floating solar projects.
•Despite increasing solar panel costs from China, Kroh Energy is investing in advanced technologies like Battery Energy Storage Systems (BESS) and optimizers to enhance efficiency.

Overview

•For the business plan year 2026, Kroh Energy and its affiliates set a target for nearly 100% leap growth.
•The average growth rate over the past 10+ years of operation for Kroh Energy has been 20-30%.
•Solar cell business revenue for Kroh Energy and affiliates in 2025 was approximately 200-300 million THB.
•The cost of solar panels from China has increased from approximately 2 THB per watt to around 4.5 THB per watt.
•Kroh Energy is adding Battery Energy Storage Systems (BESS) and panel optimizers to increase electricity production efficiency.
•The business's primary risk factor is the increased price of solar panels from China, impacting projects with signed contracts.
•Kroh Energy plans to list on the Stock Exchange of Thailand within approximately 5 years, dependent on economic conditions and government policy stability.

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Key Quotes

N.S. Ranantorn

"Solar panel installation is a top choice for many businesses with high electricity costs, especially after the COVID pandemic. This has led to continuous growth in the solar business, bucking industry trends, as seen in 2025 when revenue from the solar business grew by approximately 200-300 million THB, and by 2025, it's growing 20-30% annually."

การติดตั้งโซลาร์เซลล์นับเป็นทางเลือกต้นๆ ของหลายธุรกิจที่มีค่าไฟสูง โดยเฉพาะหลังการแพร่ระบาดของโควิด ทำให้ธุรกิจโซลาร์เซลล์เติบโตอย่างต่อเนื่อง สวนกระแสทุกธุรกิจเห็นได้จากปี 2025 รายได้จากธุรกิจโซลาร์เซลล์ของบริษัทและบริษัทในเครือมีอัตราการเติบโตอยู่ที่ประมาณ 200-300 ล้านบาท จนถึงปัจจุบัน 2026 ถือว่าเติบโตปีละ 20-30%

Key Entities

Organization

Kroh Energy Green Corporation(โคร เอนเนอยี่ กรีน คอร์ปอเรชั่น)

An organization setting ambitious growth targets for clean energy and solar solutions.

Stock Exchange of Thailand(ตลท.)ℹ️

The financial market where Kroh Energy plans to list within five years.

Person

N.S. Ranantorn(น.ส.รณันธร)

An individual providing further details on Kroh Energy's technological investments and business challenges.