Southeast Asia cuts out the middlemen
InfoLink estimates that demand for solar in Southeast Asia, at 8 GW to 12 GW in 2024, could reach 9 GW to 15 GW in 2025. Analyst Jenny Lin examines power market liberalization and other policy levers driving growth in the region’s four largest markets.
Thailand’s solar demand in 2024 was 1.5 GW to 3.5 GW and is projected to reach 2 GW to 3.7 GW in 2025. The nation will continue regular utility-scale renewables tenders through 2030. The second phase of renewables tenders in 2024 saw solar projects contribute around 2.6 GW of generation capacity.Thailand officially launched the trial phase of its Direct Power …
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