Project Milestone

1982

Founded in 1982
as an electrical equipment trader

1992

Set up our own Factory


1997


Found the first offshore office in Myanmar

2009


Entered into renewable energy EPC business
by achieving supply and set up the first wind turbine
of Thailand to EGAT

Since 2010


Expand into renewable energy power producer business
in Thailand and across Asian countries with a current
secured energy pool of 410MW (336 equity MW)

2015

Possess a current renewable energy pool of 272 MW

Enter into Japan’s solar market with the 1 st phase energy portfolio in Japan of 65 equity MW.

2016

On August 25, 2016 , the board of Directors Meeting No. 6/2016 approved the Gunkul International (Mauritius) (“GIM”), a subsidiary of the Company. Transaction investment in the solar power plant located GD Utsunomiya (Changed name: “GD Solar Utsunomiya Godo Kaisha” “GK Utsunomiya”), Utzunomiya City, Tochigi Province, Japan. The capacity under power purchase of 66.78 Megawatts (MW), Installed of 72.80 Megawatts (MW), The manufacturer and distributor of solar power to the Tokyo Electric Power Company (“TEPCO”) in Japan was awarded the concession to sold electricity to TEPCO in Japan, period 20 years. The rate of purchase power feed-in tariff (FIT) Yen 36 per unit, the total value of the project is approximately 24,017 million yen or approximate of 8,391 millionbaht.

On October 12, 2016 , the Board of Directors Meeting No. 7/2016, approval for the Company to buying preferred stock in the BMP Solar Company Limited (“BMP Solar”),which operates the solar power plants. A capacity of 8.00 Megawatts (MW) of 48,000 or 48.98% of the paid-up capital totaling registered of 98,000 shares (including ordinary shares total 50,000 shares and preferred shares of 48,000 shares), the Company will be entitled to dividend from operations and the rights to vote at 99.99%, which a turnover of 670 million baht, by the power plants of the Company are located at Tha Carter, Watthana Nakhon district, Srakaew Province. In order to gain power. Feed-in Tariff (FiT) 5.66 baht per unit, for a period of 5 years. (Current registeredcapital is 980,100baht andthe Company holdingshares in the ratio of 48.98%).

On November 29, 2016 , the Extraordinary General Meeting of Shareholders No. 2/2016 passed a resolution as details: Approved to Gunkul International (Mauritius) (“GIM”), a subsidiary entered into an investment in solar power plant projects in East Japan Solar 13 Godo Kaisha (“GK Iwakuni”) Iwakuni City, Yamanguchi Province, Japan. Capacity of the project of 75.0 Megawatts (MW), (Size of capacity that, installed 90.0 Megawatts (MW) was awarded the concession to distribute electricity to Chungoku Electric Power for a period of 20 years at a rate of the power purchase and Feed in Tariff (FiT) Yen 32 per unit. The totally value of approximate 31,327.80 million yen or approximately 10,776.76 million baht

2017

On May 4, 2017, the Company establisheda subsidiary company, GunkulSolarPower 6 Co., Ltd. (“GSP-6”) in order to produce and sell electricity from renewable energy to sell to government agencies. The Company held 99.99% of the registered capital of 100,000,000 baht (Current registered capital of 100,000,000 baht and the Company holdingshares in the ratio of 99.99%).

On May 9, 2017, the Company established a subsidiary company, Gunkul Solar Power Co., Ltd. (“GSP”) in order to produce and sell electricity from renewable energy to sell to government agencies. The Company held 99.99% of the registered capital of 560,999,100 baht (Current registered capital of 599,998,800 baht andthe Company holdingshares in the ratio of 99.99%).

On June 7, 2017, the Company signed a Memorandum of Understanding between BG Energy Solution Co., Ltd. and Gunkul Power Development Co., Ltd. to launch the Solar Rooftop project for its own use with the capacity of 4.84 MW at Ayudhya Glass Industries Limited.

On August 23, 2017, the Company was employed by the Provincial Electricity Authority (“PEA”) for the construction of 33 KV submarine cable to Koh Pra Thong, Phang Nga Province. The construction period is startingfrom the signingdate of the contract 450 days.

Founded in 1982 as a distributor of power equipment by Mr. Gunkul Dhumrongpiyawut, who has extensive experience and strong relationship with local government authorizes in the Thai power space. Later, as equipped with strengths in trading and manufacturing power equipment, Gunkul entered into renewable energy space in 2009 in order to move up the value chain to vertical business integration and build a powerful integrated business model (from power equipment sales to EPC-OM contractor, operator of power plants, and then to a developer). This integration allows GUNKUL to not only transform its business model from the volatile trading and EPC business to the highly stable solar and wind farm business, but also to capture on a timely basis the growth potential of Thailand’s over 1,800 MW solar power capacity slated for completion by end-2015

In addition to its onshore business, GUNKUL expanded into neighboring CLMV(1) countries and set up the first offshore office in Myanmar over 20 years ago. Starting as a electrical equipment trader with local government authorities and has since, with a strong relationship with government authorities, transformed itself to energy producer business in Myanmar

GUNKUL has entered into Japan’s solar market since 2014 with the current energy portfolio in Japan of 65 equity MW. GUNKUL plans to establish its branch office in Japan within this year to support the surge of its renewable energy business in Japan