China-based, one-stop solar solutions Skyworth Solar has opened a Bangkok office and signed a 100-megawatt commercial and industrial ( C&I ) solar project memorandum of understanding ( MoU ) with local Thai partner CapSolar.

Thailand has emerged, Skyworth notes, as one of its strategic markets in Southeast Asia, driven by rising energy demand, increasing electricity costs for businesses and growing momentum behind renewable energy adoption.

The opening of the Thailand office at Empire Tower in Bangkok strengthens its local presence, by enabling it to provide customers and partners with enhanced support across consultation, project execution, after-sales service, supply-chain coordination and project delivery.

The signing of the CapSolar MoU is part of Skyworth’s expansion plans in Thailand, with an eye to supporting the growing demand for rooftop solar solutions among commercial and industrial businesses.

The company is also strengthening its local ecosystem through investments in project development, financing partnerships and service capabilities. This includes a strategic banking collaboration with ICBC Thai and access to a US$500 million investment fund to support solar project development and deployment in Thailand and other international markets.

"Thailand represents a significant growth opportunity for Skyworth as businesses increasingly seek reliable and cost-effective clean energy solutions,” says Wanfei Qu, the company’s CEO and director and Skyworth Group’s chief investment officer. “Our strategy is built on the principle of ‘global vision, local execution’, combining global expertise with strong local partnerships to support Thailand’s energy transition and long-term sustainability goals.”