SET-listed Clover Power Plc, a renewable power plant operator and constructor, expects to see revenue soar by 50% this year after it diversified into supplying renewable fuels, especially wood pellets which are in high demand in Japan.
Saithsiri Saksitthisereekul, chief executive of Clover Power, attributed the growth to the prices of wood pellets which rose by 30% at the end of last year, driven by growing demand for this type of biomass from power generation businesses in Japan.
