en.Wedoany.com Reported - SKYWORTH Solar has initiated a major market expansion in Thailand. The company has established a new office at the Empire Tower in Bangkok and signed a Memorandum of Understanding (MoU) with local partner CapSolar to jointly develop a 100 MW commercial and industrial solar project. Many businesses in Thailand are increasingly turning to rooftop solar systems in response to rising electricity prices.

This expansion reflects SKYWORTH Solar's heightened focus on the Southeast Asian market and demonstrates its commitment to supporting the region's clean energy transition. The company unveiled its international growth plans at the 2026 SNEC Exhibition and Global Customer Summit in Shanghai. During the event, SKYWORTH Solar positioned itself as a global leader in smart energy ecosystems and outlined plans to extend its solar, energy storage, and smart energy solutions to several key regions, including Europe, Southeast Asia, the Middle East, and Africa.

Thailand has become one of the company's most important strategic markets in Southeast Asia. To strengthen its local presence, SKYWORTH Solar's new office in Bangkok will offer a range of services, including project consulting, implementation support, supply chain coordination, and after-sales service. The company believes that a strong local presence will help 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 a significant role in helping Thailand achieve its clean energy and sustainable development 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 $500 million investment fund. These financial resources will be used to support solar project development in Thailand and other international markets.

An example of the company's growth in Thailand is the 3 MW rooftop solar project at the UMC Steel Plant in Chonburi Province. This installation is expected to generate approximately 44 million kWh of clean electricity in its first year of operation. The project demonstrates how solar energy can help industrial facilities reduce energy costs while lowering carbon emissions and supporting long-term sustainability goals.

Through these initiatives, SKYWORTH Solar aims to strengthen its position in Thailand's renewable energy market while contributing to the country's transition toward a cleaner and more sustainable energy future.

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