With its positive government policies, including a favorable feed-in tariff, Thailand is leading the Asian countries in the development of alternative energy.
There have been 37 commercially installed solar panel power plants installed in Thailand over the last two years, producing between 50 and 300 watts per square meter (m2) of solar energy.
The solar industry has been looking forward to an increasing demand from the Chinese market. However, it is unlikely Taiwanbased solar firms, such as Tatung, will share a piece of the pie.
Oversupply will cause fierce competition over the possible rise in demand and Taiwan-based firms will have a tough time competing with China-based counterparts as the latter clearly have cost advantages. This has contributed to Tatung seeing the Asian region as an attractive and profitable alternative.
Thailand’s strength in the emerging solar energy field was confirmed in September when Tatung Corporation, headquartered in Taiwan, entered into a joint venture to build a 20-megawatt power plant along with two subsidiaries, Green Energy Technology (GET) and Green Energy Technology in Thailand (GET IT); with Netrove Capital Advisory Corporation serving as the investment adviser.
The ultimate goal is to develop 1.2 gigawatts of solar power within five years. Thailand’s Bank of Ayudhya is also actively supporting the development of this project. The project has been awarded a license to operate 10 megawatts of solar energy.
Tatung enters Thai solar market Tatung is the world’s second largest provider of multi-crystalline silicon wafers for the production of photovoltaic cells and is a world leader in the production of solar panels, using multi crystalline and thin film technology.
Commenting on the project at the joint venture ceremony,GET Taiwan President Hur-Lon Lin said that the Thai venture marked a milestone for Tatung as it moved for the first time closer to the end market through a joint venture rather than just supplying components.
Lin said that clean energy is responsible for 10 percent of Tatung’s sales at this time and he expects further percentage growth.................
|1). The test site in Hua Hin, Thailand, for producing solar energy, biofuel and food-the brainchild of Dick Bos.
2). Vegetables being grown under the 4-meter high solar panels.
3). Some vegetables are grown hydroponically underneath the panels.
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