GULF develops and operates renewable energy projects both
in Thailand and overseas.
Locally, GULF holds a portfolio in 4 solar rooftop power projects with a total installed capacity of 600
kilowatts located in Chonburi and Rayong
province as well as a small biomass power plant with a total installed capacity of 25 megawatts located
in Songkhla province, resulting in a total capacity of renewable power projects in Thailand to be 25.6 megawatts.
Overseas, GULF directly holds equity interest in solar farms (“GTN1” and “GTN2”) and offshore wind farms (“Mekong
Wind”) in Vietnam with a total capacity of 246.8 megawatts. Additionally, GULF holds 50% equity interest in
Borkum Riffgrund II project in Germany with a gross capacity of 464.8 megawatts