Global Renewable Power Co., Ltd. (GRP)

Solar Farm Projects in Thailand via Global Renewable Power Company Limited (GRP) holds 100% shares of solar farm operating companies: Global Renewable Power Operating (Thailand) Co., Ltd., N.P.S Star Group Co., Ltd., World X Change Asia Co., Ltd., and P.P. Solar Co., Ltd. These companies own and operate 9 solar farms which are located in 4 provinces, consisting of Lopburi, Suphanburi, Phichit and Khon Kaen.

Currently, all power plants can generate and supply electricity to the power grid distribution system for Provincial Electricity Authority (PEA), regarding the Power Purchase Agreement (PPA) for a period of 25 years, with two agreed rates of Adder rate (for the first 10-year of the PPA) for total 3.6 MW and a Feed-in Tariff rate for total 35.9 MW.