Thai energy and waste management firm Padaeng Industry (PDI) has acquired a portfolio of six operational solar PV farms in Thailand with a combined capacity of 30MW from Armstrong Asset Management and Dragon Capital for a total of THB1.3 billion (US$39 million).
Political changes over the last four years and the recent death of King Bhumibol has brought some inertia to the Thailand market, but industry members expect the market will return to strong growth in the second half of 2017.
