News Article
First Solar opens Bangkok office
The cadmium telluride solar panel manufacturer is taking advantage of the strong economic growth in Thailand with a new subsidiary
First Solar has established a Thailand operating subsidiary, First Solar (Thailand) Ltd., and opened an office in Bangkok.
The local subsidiary will help First Solar to execute its strategy to expand the market for utility‐scale solar CdTe PV power plants in the local market, and to deliver value to Thai solar power producers.
“The long‐term energy fundamentals in Thailand are very favourable for a solar power solution to meet their growing energy needs, and we will continue to invest here as part of our strategy to develop sustainable, utility scale solar markets,” says Won Park, Senior Manager, Business Development.
Thailand is expected to remain an important solar market in Southeast Asia due to its strong economic growth, significant energy demand and abundant solar resource. First Solar entered the Thai PV market in 2011, and since then more than 12MW of solar PV projects have already been installed or are under construction using First Solar’s advanced CdTe thin‐film module technology.
The local subsidiary will help First Solar to execute its strategy to expand the market for utility‐scale solar CdTe PV power plants in the local market, and to deliver value to Thai solar power producers.
“The long‐term energy fundamentals in Thailand are very favourable for a solar power solution to meet their growing energy needs, and we will continue to invest here as part of our strategy to develop sustainable, utility scale solar markets,” says Won Park, Senior Manager, Business Development.
Thailand is expected to remain an important solar market in Southeast Asia due to its strong economic growth, significant energy demand and abundant solar resource. First Solar entered the Thai PV market in 2011, and since then more than 12MW of solar PV projects have already been installed or are under construction using First Solar’s advanced CdTe thin‐film module technology.
