Chinese manufacturer Trina Solar has been awarded a contract to supply 25MW of PV modules to the third phase of a 75MW solar power station, Bangchak Solar Energy Project, in Thailand.
The company announced that shipment of the PV modules is expected to commence in December, with the contract confirming Trina Solar as exclusive supplier to the project.
Bangchak Solar Energy Project is owned by Thai company Bangchak Solar Energy and its subsidiaries. Construction will be carried out by Thai Stock Exchange listed company Gunkul Engineering.
According to Trina Solar chairman and chief executive officer, Jifan Gao, the supply order demonstrates the company’s continued commitment to its strategy of market diversification.
“We look forward to growing our presence in Thailand's solar market in 2014 and to contributing to the realisation of a more secure, clean and independent solar energy for Thailand,” Gao said.
The project contributes to Thailand’s National Energy Policy Commission target of delivering 1GW of solar power by 2014 and 2GW of solar projects by 2021. According to Bangchak Solar Energy’s management, the targets demonstrate “high level support for Thailand’s solar sector”.
A report in late October by market analysts EnergyTrend claimed that the global recovery of the PV industry will be led by the Asia-Pacific region. Emerging markets in Thailand, Malaysia, Indonesia and the Philippines in particular were seen by EnergyTrend as regions with good growth potential.