Company History

Chow Energy Public Company Limited was established on 9 December 2014 with the fully paid-up registered capital of 570,000,000 THB, and the purpose to do a business as Holding Company by holding shares of various companies running a business related to investment, generation and sales of electricity from various kinds of energy. CHOW STEEL INDUSTRIES PUBLIC COMPANY LIMITED is a major shareholder.

December
  • Chow Steel Industries Public Company Limited By resolution of the Board of directors meeting No.10/2014 on 10 December 2014, resolved to establish Chow Energy Co., Ltd. ("CE") with registered capital of 221,536,980 Baht, through 22,153,698 ordinary shares with a par value of 10 Baht per share in order to Restructuring for the Company’s subsidiary group.
  • CE to purchase all shares in PSCL, a total of 71,000 shares at a price of 761.38 Baht. The selling price is a fair value based on the net present value calculated by the Financial Advisers.
  • CE to purchase all shares in CI, a total of 1,300,000 shares at a price of 128.83 Baht. The selling price is a fair value based on the net present value calculated by the Financial Advisers.
  • Established 3 indirect subsidiaries :
    1. Premier Solution GmbH "PSGM" in Germany for the purpose of project insurance and quality assurance of alternative energy project,
    2. Sun Energy GK "Sun" in Japan, and
    3. Sol Power GK "Sol" in Japan for the purpose of supporting investment in solar power project in Japan
February
  • Increase of registered capital from 221,536,980 Baht to 570,000,000 Baht
  • RICI a joint venture company to invested in solar power project in Japan h a capacity of 27.22MW with the total value of 2,872.30 million Baht.
  • Chow Steel Industries Public Company Limited by resolution of the Board of Directors Meeting No.1/2015 on 17 February 2015 has approved for Chow Energy Co., Ltd. registration as a public company limited and listing on the Stock Exchange of Thailand (SET) or Market of Alternative Investment (mai)
June
  • 5 June 2015, Oita solar power project a capacity of 3.2604MW has been completed and ready to COD.
August
  • Invested in solar power project in Japan (Phase 2) approximately 15MW with the total value of about 1,215 million Baht
September
  • On 10 September 2015, Ibaraki solar power project in Japan a capacity of 1.2MW has been completed and ready to COD
  • On 21 September 2015, 3 solar power projects in Japan thus Nagata project a capacity of 1.0MW, Goryo project a capacity of 1.5MW, and Shibushi project a capacity of 1.0MW ready to COD
November
  • On 20 November 2015 Hamada1 solar power project with a capacity of 11MW are ready to COD
April
  • Confirm listing of Chow Energy Co., Ltd. on the Stock Exchange
May
  • H.E.Mr.Bansarn Bunnag Ambassador of the Kingdom of Thailand site visit the solar power plant Hamada1, Hamada City, Shimane Prefecture, Japan
June
  • Registered as a public company limited under the name "Chow Energy Public Company Limited" and changed its par value from 10 Baht to 0.50 Baht per share