PVTIME – Renesola has recently partnered with Thailand’s H.D. COMMERCE Cloud signed an annual strategic cooperation agreement. The two companies will jointly expand business cooperation in Thailand and other Southeast Asian markets around the sales of photovoltaic modules and the development of photovoltaic projects. The agreement stipulates that Renesola will supply at least 200MW of photovoltaic modules to H.D. COMMERCE annually.
As an international enterprise focusing on new energy business, H.D. COMMERCE is headquartered in Bangkok, Thailand, mainly engaged in the investment and development of renewable energy projects such as photovoltaic power generation, EPC general contracting and asset management.
Mr. David Zhang, General Manager of H.D. COMMERCE, said: “For many years, the ReneSola brand has been active in the global market and is deeply recognized and trusted by the market. We look forward to the two sides being able to achieve a situation of ‘complementary advantages and win-win cooperation’.” With renesola’s cost-effective, efficient and reliable products and services, we will continue to enrich the H.D. global PV project resource library. ”
Thailand is located in the tropical monsoon climate zone and is rich in solar energy resources. In 2021, the country will have 800MW of new installed capacity; By the end of 2021, the cumulative installed capacity will reach 3.78G. According to Thailand’s National Electricity Development Plan (PDP), Thailand’s installed PV capacity is expected to reach 15.6GW by 2037. At present, Thailand’s electricity market is in the transition from a “fossil fuel-based” to a “diversified zero-carbon energy system”.
“H.D. has a broad brand presence and a deep customer base in the Thai PV market, and we are proud to work with H.D. to tap Thailand’s considerable market potential.” As a leading manufacturer of photovoltaic modules, ReneSola will continue to introduce a wide range of photovoltaic modules to fully meet the needs of Thai partners and customers and help the local energy transition to achieve the goal of successfully achieving the energy transition. Mr. Zhou Yejun, vice president of ReneSola, said.
