BGRIM makes COD history a solar farm Cambodia was a success. Ready to move forward to expand investment into the power generation target of 7,200 MW in 2025
Dr. Harald Link, Chairman of B. Grimm and Chief Executive Officer of B.Grimm Power Public Company Limited or BGRIM revealed that according to B.Grimm Solar Power 1 Company Limited (a subsidiary of B.Grimm Power 100% shareholding) acquired a 100% stake in Ray Power Supply Company Limited, the holder of the right to develop a solar farm project on the ground (Solar Farm) located in Muang Si. Sophon, Banteay Meanchey Province (or Bontea Mean Chey), Cambodia With an installed capacity of 39 MW with a 20-year Power Purchase Agreement (PPA) with the Electricity Authority of Cambodia (Electricite Du Cambodge – EDC) and approved for commercial power distribution (COD). On December 15, 2020, the Company received an official confirmation letter for the Acquisition of Commercial Power (COD) from the Electricity Authority of Cambodia. Is completed
BGRIM is the first Thai company able to make a history of investing in the development and construction of a Solar Farm project under the Power Purchase Agreement (PPA) between Ray Power Supply Co., Ltd. and the Electricity Authority of Cambodia. The contract is guaranteed by the Government of Cambodia. BGRIM has been able to successfully execute the project in accordance with the goals and timeline that the utility Cambodia Has set a full development plan
B.Grimm Power currently has 48 power plants in operation, with an installed capacity of 3,058 MW and a number of projects under development that will increase the production capacity to 3,682 MW. B.Grimm Power is ready to continue to expand its investment to its 7,200 MW target by 2025 by adhering to the principle of stable and sustainable growth. In 1Q2021, B.Grimm Power is scheduled to launch commercial operations. A 16-megawatt wind power plant project in Mukdahan Reinforces B.Grimm Power’s support for clean energy
– .
