SKYWORTH Solar has announced a major expansion in Thailand as part of its broader global growth strategy. The company recently opened a new office at Empire Tower in Bangkok and signed a memorandum of understanding (MoU) with local partner CapSolar to develop a 100 MW commercial and industrial solar project. The move comes at a time when many businesses in Thailand are increasingly turning to rooftop solar systems to reduce the impact of rising electricity costs.
The expansion reflects SKYWORTH Solar’s growing focus on Southeast Asia and its commitment to supporting the region’s clean energy transition. The company revealed its international growth plans during the 2026 SNEC Exhibition and Global Customer Summit held in Shanghai. During the event, SKYWORTH Solar positioned itself as a global smart energy ecosystem leader and outlined plans to expand its solar, energy storage, and smart energy solutions across several key regions, including Europe, Southeast Asia, the Middle East, and Africa.
Thailand has emerged as one of the company’s most important strategic markets in Southeast Asia. To strengthen its local presence, SKYWORTH Solar’s new Bangkok office will offer a range of services, including project consulting, implementation support, supply chain coordination, and after-sales service. The company believes that having a strong local presence will help it respond more effectively to customer needs and accelerate the adoption of renewable energy technologies.
Wanfei Qu, CEO of SKYWORTH Solar and Chief Investment Officer of SKYWORTH Group, stated that the company’s strategy combines global expertise with local partnerships. This approach is expected to play an important role in helping Thailand achieve its clean energy and sustainability goals.
To support its expansion plans, SKYWORTH Solar is also investing in financial and operational infrastructure. The company has established a strategic banking partnership with ICBC Thai and secured access to a US$500 million investment fund. These financial resources will help support solar project development in Thailand as well as in other international markets.
One example of the company’s growing presence in Thailand is its 3 MW rooftop solar project at the UMC Steel Plant in Chonburi Province. The installation is expected to generate approximately 4.4 million kWh of clean electricity during its first year of operation. The project demonstrates how solar energy can help industrial facilities lower energy expenses while reducing carbon emissions and supporting long-term sustainability objectives.
Through these initiatives, SKYWORTH Solar aims to strengthen its position in Thailand’s renewable energy market while contributing to the country’s transition toward cleaner and more sustainable energy sources.
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