TSE Accelerates 229 MW Solar Big Lot Projects

MGR Online•Economy•5d ago

Reader Briefing

Thai Solar Energy targets commercial operation of its first 30.20 MW solar lot by the second quarter of 2027.

•Thai Solar Energy has a Solar Big Lot PPA totaling 229.06 MW.
•The first four projects totaling 30.20 MW are under construction with a COD target of Q2 2027.
•Thai Solar Energy reported a net profit of 25.9 million baht in Q2 2026, an 83.7% increase YoY.
•The company is developing an 8 MW waste-to-energy power plant in Uttaradit province.

Overview

•Thai Solar Energy is currently constructing the first four projects of the Solar Big Lot totaling 30.20 MW.
•Thai Solar Energy expects the first lot of 30.20 MW to reach Commercial Operation Date (COD) in Q2 2027.
•Thai Solar Energy has procured PV Modules and Inverters and is preparing the site for the Solar Big Lot projects.
•Thai Solar Energy reported Q2 2026 results with an EBITDA of 144 million baht and a net profit of 25.9 million baht.
•Thai Solar Energy plans to study and invest in Solar Community and Direct PPA projects to add 100-200 MW of capacity.
•Thai Solar Energy is preparing to sign a contract and develop an 8 MW waste-to-energy power plant in Uttaradit.
•Thai Solar Energy is aligning its investments in solar, biomass, and community waste power plants with the PDP 2026 plan.
•Dr. Kathleen Maleenont stated that the health business will be another focus area to diversify the investment portfolio.

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Key Quotes

Dr. Kathleen Maleenont

"Regarding the business overview for the remainder of this year, the company aims to accelerate the development of Solar Big Lot projects that have received PPAs to be completed as planned."

ภาพรวมธุรกิจในช่วงที่เหลือของปีนี้ บริษัทฯ มุ่งเร่งพัฒนาโครงการ Solar Big Lot ที่ได้รับ PPA แล้ว ให้แล้วเสร็จตามแผน

Key Entities

Organization

Thai Solar Energy(ไทย โซล่าร์ เอ็นเนอร์ยี่)

A public limited company (TSE) operating solar, biomass, and waste-to-energy power plants.

Person

Dr. Kathleen Maleenont(ดร.แคทลีน มาลีนนท์)

Chief Executive Officer of Thai Solar Energy Public Company Limited.

Policy

PDP 2026

A power development plan that Thai Solar Energy is aligning its investments with.

Place

Uttaradit Province(จังหวัดอุตรดิตถ์)ℹ️

The location of Thai Solar Energy's 8 MW waste-to-energy power plant project.