News

Project

Staff Reporter

, Thailand

Published:

4 months ago

Photo by Tom Fisk: https://www.pexels.com/photo/aerial-photography-of-blue-solar-panels-1599819/

BCPG divests nine solar projects in Japan

The projects have a total capacity of 117 megawatts.

Thailand-based BCPG Public Company divested its nine solar projects in Japan with a total capacity of 117 megawatts and its Asset Management and Operation and maintenance company, whose proceeds will be used to reinvest in other renewable projects.

In a statement, the company said its Japan assets will be transferred to Danish solar player Obton with a total value of around $302.5m (JPY42.97b).

ALSO READ: How EGAT contributes to powering Thailand’s energy transition

The transaction is expected to be completed within the first quarter of 2024.

“This divestment transaction is in line with BCPG’s long-term strategy to develop and operate world-class quality renewable power plants and exit at the right timing to realize the full value of the assets and to recycle the capital,” the company said.

Follow the link for more news on

Asia Energy Security

Also Read

EGAT and Sweden partner on biomass and hydrogen storage

Masdar and Bapco Energies to Develop 2 GW of Wind Projects in Bahrain

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit