Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Energy  >>   Solar energy gets hot in Thailand
NEWS UPDATES Asean Affairs                    22  September 2011

Solar energy gets hot in Thailand

Related Stories

September 19, 2011
Thai company goes green

September 6, 2011
Thais hope to power Vietnam

August 30, 2011
PetroVietnam signs oil deal

July 16, 2011
Vietnam imports coal

June 16, 2011

Vietnam imports first Indonesian coal

May 31, 2011

Fuel imports to Vietnam increase

Suntech Power Holdings, the world's largest solar firm, may invest in a solar cell assembly plant in Thailand along with India and South Africa but is waiting for the new Thai government to clarify its solar energy policy.

Shi Zhengrong, the company's chairman and chief executive, said a final decision was expected within the next two years for an initial investment by the company of US$20 million.

Suntech may also seek local partners including Bangchak Petroleum Plc.

Thailand was Suntech's second-largest market in the Asia-Pacific last year after Australia.

"Thanks to strong solar resources and an attractive adder tariff, the kingdom is expected to top Australia as the No. 1 market this year," said Dr. Shi, who founded Suntech 10 years ago.

"We are looking at opportunities for getting closer to the market, and we need to hear support from the government before planning our investment. Our plan could be feasible if the Thai market grows to a big-enough level," he said.

Suntech operates in 30 countries, with manufacturing facilities in the US, Japan and Germany. Combined turnover is forecast at $3.5 billion this year.

The company's goal is to have 5,000 megawatts of solar capacity installed in 80 countries, said Dr. Shi.

Suntech has supplied solar cells to a 38-MW Bangchak project in Ayutthaya's Bang Pa-in district, which is now generating an initial 8 MW and will be fully operational in early November.

Bangchak president Anusorn Saengnimnuan said Thailand could house a solar assembly facility that would generate green jobs and add local value instead of importing finished solar cells.

"We expect the government will come up with a clear renewable-energy policy in the next couple of months," he said.

He wants the government to lift its solar power purchases to as much as 3,000 MW from 500 MW at present so that the Thai market will be sizeable enough to justify solar assembly investment.

Prices of solar cells have come down rapidly from $3 per MW to $1.60 and are expected to reach $1 soon, meaning solar projects are becoming increasingly economical.

Dr Shi said Suntech plans to increase its share of the global solar cell market to 11 percent this year, an increase from 8 percent last year.

China's solar energy output is relatively small but growing quickly. It expects to reach 1,500 MW this year between 2,500 and 3,000 MW next year from 500 MW last year.



Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    22  September  2011 Subsribe Now !
• Unilever May Resume Buying Sinar Mas Palm Oil
Subcribe: Asean Affairs Global Magazine
• Indonesia to be connected Asean Affairs Premium
• Many Malaysian consumers manage money poorly
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• S&P delays credit upgrades
• New cyber security centre for Singapore
• Tesco Lotus announces property IPO
• Solar energy gets hot in Thailand 
• SET to be upgraded pp

Asean Analysis              22  September  2011

Advertise Your Brand
• Rice subsidy plan may cause havoc Sponsor Our Events

Asean Stock Watch   22  September  2011

• Asean Stock Watch-September 22 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand