Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | Middle East Edition
Facebook Twitter LinkedIn
Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
Home » BayWa r.e. Solar Trade Surpasses 1 GW Cumulative Sales in Thailand for 2023
Solar News

BayWa r.e. Solar Trade Surpasses 1 GW Cumulative Sales in Thailand for 2023

Saur News DeskBy Saur News DeskSeptember 1, 2023Updated:September 1, 2023No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
BayWa r.e. & SUSI Partners Tie
BayWa r.e. & SUSI Partners Tie Up to Deliver Solar Solutions to Southeast Asia
Share
Facebook Twitter LinkedIn Pinterest Email

BayWa r.e. Solar Trade, the solar trading arm of the global renewable energy developer, service provider and solar distributor, BayWa r.e., has surpassed a cumulative sale of 1 GW (gigawatt) of string inverters in Thailand for the first half year of 2023, making it a milestone for the region’s top global distributor.

The 1 GW of string inverter sales is equivalent to 200,000 units of 5 kW (kilowatt) inverters, said the firm. BayWa r.e. Solar Trade entered Thailand in 2017, expanding to the Philippines in 2019 and later into Vietnam and Malaysia.

Commemorating the milestone, Junrhey Castro, Managing Director, BayWa r.e. Solar Systems Corporation said, “I join the entire Solar Trade team in celebrating this great achievement. The amazing success would have not been possible without our customers who share the same vision with us.It’s with great pride I say that this BayWa r.e. milestone will aid towards Thailand’s net-zero targets.”

With solar in Southeast Asia set to further grow in 2023, the market is expected to expand by 13% in 2023, to 3.8 GW of new installations. According to the report by  the Asian Photovoltaic Industry Association, from 2024, a high pace of growth is expected across the region. Annual installations are forecasted to grow 32% to reach 5.1 GW in 2024, 59% to 8.1 GW in 2025 and 28% to 10.4 GW in 2026, finally hitting 13.3 GW of new additions in 2027, according to the APVIA and the GSC.

The region’s top five markets are Thailand, Malaysia, Philippines, Vietnam and Indonesia, said the report.

1 GW of string inverter sales BayWa r.e. BayWa r.e. Solar Trade Junrhey Castro string inverters
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Saur News Desk
  • Website

Related Posts

40-MW Solar Project in Philippines on The Go

May 13, 2025

Now Get Up to 25% More Efficient Modules for Rooftop Solar

May 12, 2025

Solar Power Planned for Schools and Hospitals in Indonesia

May 9, 2025

Leave A Reply Cancel Reply

14 − six =

Latest News

New Wind Farm Project Begins in South Korea

May 14, 2025

40-MW Solar Project in Philippines on The Go

May 13, 2025

Now Get Up to 25% More Efficient Modules for Rooftop Solar

May 12, 2025

Solar Power Planned for Schools and Hospitals in Indonesia

May 9, 2025
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • New Wind Farm Project Begins in South Korea
  • 40-MW Solar Project in Philippines on The Go
  • Now Get Up to 25% More Efficient Modules for Rooftop Solar
  • Solar Power Planned for Schools and Hospitals in Indonesia
  • ADB Teams Up with Global Insurers to Back RE Projects in Asia
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    © 2025 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.