ACE, Thailand's clean energy leader, reported Q2 2025 net profit of 278.7 million baht, up 87.3% YoY, driven by significant gross profit growth from both solar and waste-to-energy power plants. Revenue grew 7.8% to 1,765 million baht. ACE is accelerating development of 92 clean energy projects (767.42 MW capacity) with 47 operational and 45 under development, targeting multiple COD completions in 2026. The company also won auctions for a new 9.9 MW waste-to-energy plant in Nakhon Phanom. Financial costs fell 21.9%, strengthening bottom-line performance.
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