HoonSmart.com >> “QTC Energy” plans 64 years to penetrate the market aggressively in both the transformer business The auction of PEA – MEA. Worth 1,500 million baht in the second quarter with plans to expand overseas markets Trading business Solar cell golden years Aiming to penetrate the full-cylinder market Hoping to push the total revenue this year to 1,200 million baht, already stocking more than 320 million baht backlog
Mr. Poonphiphat Tantanasin, Chief Executive Officer of QTC Energy (QTC) manufacturer, distributor and provider of transformers. Revealed the business plan in 2021 that this year the company Make a proactive strategy to penetrate the market in both transformer distribution, service and trading businesses. From being a distributor of solar cells to LONGI Solar, selling products for Huawei Solar Inverter, a product that converts direct current (DC) to alternating current (AC) for use with solar panels. Including the sales of DE BUSDUCT both domestically and internationally, the company set a total revenue target of 1,200 million baht, divided into revenue from the transformer business of 900 million baht and trading business of 300 million baht.
This is due to the operational commitment which is the result of the strategy adjustment over the past year. As a result, the company has already received orders from both domestic and international customers. As a result, the company has continued sales from the previous year to the present of more than 320 million baht, divided into foreign transformer sales of 200 million baht, domestic transformer sales of 90 million baht. By being a distributor of solar panels for LONGI Solar amounting to 30 million baht
In addition, the company is in the process of negotiating. To sign a contract to be a distributor of solar panels With two other partners expected to be concluded soon, the highlight of the solar panels that QTC is the distributor of LONGI Solar Technology Co., Ltd. is the Tier 1 solar panel that has been Recognized as the best with half-cut technology photovoltaic modules that are up to 98% efficient and able to generate power even in low light conditions. And able to generate electricity for more than 25 years and in 2021 will launch a 540 W solar panel for further distribution in Thailand. From the current it has a maximum size of 450 W
“I must admit that LONGI Solar Technology Co., Ltd. is the first and largest operator to develop large-scale solar panel innovations. Which in addition to increasing the efficiency of the use of solar panels Got more Can also help investors have a higher power generation capacity From the same installation space Which is considered worthwhile for long-term investment. ”Mr. Poonphiphat
Mr. Poonphiphat said that this year will be another year of testing of business strength. From the situation of the coronavirus outbreak From the first round to the new, more distributed now, which QTC has been affected in terms of logistics. But in terms of sales, there is still coming in continuously. Especially abroad It can be seen that orders have been entered since the beginning of the year to 200 million baht because we have developed innovations in the form of Smart transformers that facilitate the monitoring of the quality of the transformers all the time. Especially the Super Low Loss (Amorphous) transformers that QTC is a manufacturer, which is recognized from abroad such as Japan, Australia and Laos, etc.
For the overall picture, the domestic transformer business still depends on driving the domestic investment sector. And opening auctions for government works that gradually come out, such as the community power plant project Encourage the use of electric trains (EV) to increase, etc. These factors will be a successor to the continuous increase in demand for transformers.
However, the company still has a plan to bid for the Provincial Electricity Authority (PEA), the Metropolitan Electricity Authority (MEA), worth approximately 1,500 million baht and expects to receive at least 10% of the work value, which is expected. Will gradually announce results in the second and third quarter of this year
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