Skyworth Group is expanding its presence in Southeast Asia by focusing on solar power and energy storage solutions. The company is moving quickly to meet the rising demand for clean and reliable energy in the region, where many countries are working to reduce their dependence on fossil fuels. This shift is also being supported by global energy challenges, which have pushed governments to look for more stable and sustainable energy sources.
Through its subsidiary, Skyworth Photovoltaic Technology, the company has recently entered the Malaysian market. At a launch event, it partnered with 16 local businesses to offer complete solar solutions. These services include supplying equipment, designing solar systems, providing financial support, and managing operations through digital platforms. The company aims to make it easier for both residential and commercial users to adopt rooftop solar systems.
This move came shortly after the company expanded into Vietnam, where it followed a slightly different strategy. In Vietnam, Skyworth partnered with more than 30 local agents and financial institutions to reach a wider customer base. By working closely with local partners, the company hopes to build trust and improve access to solar technology in the market.
Skyworth sees both Malaysia and Vietnam as important growth markets. Malaysia has set a target to achieve 70 percent renewable energy by 2050, which creates strong opportunities for solar and energy storage companies. Vietnam, on the other hand, has a fast-growing economy and a large number of households that have not yet adopted solar power. This gives the company a chance to expand quickly by offering affordable and efficient solutions.
The company’s expansion plan has been in progress since late last year. It is also influenced by rising fuel prices and global uncertainties, which have made energy independence more important for many countries. Solar power is becoming a preferred option because it can reduce reliance on imported fuels and provide long-term cost savings.
However, experts say that entering these markets is not easy. Companies need to invest in local infrastructure and train skilled workers, especially because power grids in many parts of Southeast Asia are still developing.
Skyworth Photovoltaic has already become the top revenue-generating division of the group, with more than 29 gigawatts of installed capacity worldwide. By offering combined solar and storage systems, the company is helping customers manage electricity shortages while supporting cleaner energy goals. This expansion shows how the company is evolving into a global player in renewable energy.
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