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[BUSINESS] · Thailand, South Korea · 2 sources

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GPSC expands clean energy footprint through SMR study and solar farm contract

Global Power Synergy Public Company Limited (GPSC) has entered into a Memorandum of Understanding (MOU) with South Korea’s Korea Hydro & Nuclear Power (KHNP) to study the development of Small Modular Reactor (SMR) technology in Thailand. The partnership aims to explore the feasibility of SMRs for clean electricity and steam production, while also seeking joint investment opportunities and strategic expansion in operation and maintenance (O&M) services.

In a separate clean energy initiative, Helios 1 and Helios 2 Co., Ltd. have signed an Engineering, Procurement, and Construction (EPC) contract with the Getz AKK Joint Venture for a 148 MW solar farm project. The contract, valued at over 2.5 billion baht, aims to complete construction and begin commercial operations by 2028 to support Thailand’s transition toward a low-carbon society.

Entities

Getz AKK Joint Venture · Global Power Synergy Public Company Limited · Helios 1 & 2 Co., Ltd. · Korea Hydro & Nuclear Power · Thailand