Sungrow and Thailand’s Gulf Energy Development Plc (GULF) have signed a 7-year strategic supply agreement for PV inverters and energy storage systems totaling 3.5 GW. Aligned with Thailand’s Power Development Plan, this aims to stabilize electricity prices, enhance energy security, and set a renewable energy precedent in Southeast Asia. GULF, a major player in Thailand’s renewable energy sector, will utilize Sungrow’s SG350HX inverters and PowerTitan energy storage. This collaboration aims to ensure reliable power station operation, supplying clean energy to the grid and establishing regional benchmarks.
Sungrow, Gulf Energy forge solar power pact
Sungrow and Gulf Energy join forces to advance solar power capabilities in Southeast Asia. (Image Credit: PRNewswire).
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)