Trinasolar Announce its Strategic Expansion into Thailand's RE Sector

The country's Smart Grid plan sets a target of achieving 1,000 megawatts in peak demand reduction and an additional 1,000 megawatts through the use of Distributed Energy Resources (DER). These resources, such as small power generation systems and BESS, will be integrated into microgrid systems to provide reliable energy sources.

This ambitious plan is a crucial step towards achieving Thailand's carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065.

Meanwhile, the Electricity Generating Authority of Thailand (EGAT) is pioneering clean energy production by combining solar energy with hydroelectric power from dams. The Hydro-Floating Solar Hybrid project, a cornerstone of this initiative, aims to build 16 projects nationwide with a total production capacity of 2,725 megawatts (MW). The pilot projects at Sirindhorn Dam, Ubon Ratchathani Province, and Ubonrat Dam, Khon Kaen are already operational with a capacity of 45 MW and 24 MW AC respectively.

Dave Wang, Sub-Region Head for Asia Pacific at Trinasolar, commented, "It is an opportune time for the Thai government's policy towards clean energy, with rapid technological advancements from leading companies like Trinasolar significantly lowering solar energy costs in the past decade. As the only total solutions provider in the industry, Trinasolar's combination of solar panels, trackers and energy storage solutions, can unlock further value and help the Kingdom in achieving its ambitious net-zero targets."

For instance, its award-winning Vertex N panels combines the two top technologies in the market: n-type i-TOPCon technology and 210mm wafer size technology, resulting in world-record setting power output (740.6W in lab) and higher efficiency. Having a comprehensive solar solutions provider like Trinasolar is a paradigm shift in the industry as its high-power modules can work hand in glove with its tracker and energy storage solutions, providing system stability. Moreover, having one procurement source also streamlines logistics and after-installation services.

He added that Trinasolar will prioritize floating solar solutions and energy storage systems to support the Thai government's initiatives to boost renewable energy in the electricity sector.

Floating solar farms, which maximizes available space and benefits from water's natural cooling effect, is gaining popularity worldwide.

In Thailand, Trinasolar has implemented a 24 MW AC floating solar plant at Ubonrat Dam in Khon Kaen, which has been operational since March 2024. This project is expected to cut CO2 emissions by 41,000 tons and generate 46 million kWh of electricity annually, supporting approximately 18,000 homes. Its Vertex series panels are also used in prominent solar farms in India, Malaysia, Vietnam and Singapore.