Thailand has seen sturdy, regular progress in its photo voltaic market in recent times, main it to grow to be certainly one of Southeast Asia’s most safe demand facilities for renewable know-how. Polytechnology, a diversified firm with a broad and rising inexperienced vitality division, has greater than doubled its photo voltaic inverter gross sales yearly since 2016. At the moment, the corporate has the most important market share in photo voltaic inverter in Thailand.
The President of Polytechnology Thailand, Narratchai Leeraphant, stated that the nation’s sturdy photo voltaic absorption signifies that the market is prepared for next-generation know-how, specifically, batteries, electrical automobile chargers, photo voltaic optimizers, and “full stack” product bundles.
Latest adjustments in Thai security requirements and laws for speedy shutdown of photo voltaic programs will make optimizers a brand new pattern. is a pattern within the nation, stated Leeraphant, including, “In order that we are able to improve our gross sales, from inverters to inverters and optimizers, the place our resolution is probably the most superior out there.”
Photo voltaic is already so established in Thailand that it’s troublesome to put in extra rooftop programs in some areas, stated Leeraphant, so the know-how to retailer and use the ensuing plentiful inexperienced vitality is extra vital.
Polytechnology has partnered with Huawei since 2014, beginning because the model’s inverter distributor in Thailand and now providing the latter quite a lot of battery vitality storage programs and knowledge heart merchandise. Talking of battery programs, Leeraphant says, “Polytechnology and Huawei are dealing with value, buyer expectations, and what present battery know-how can do.” He stated the subsequent step is to extend market training about security requirements and the worth of superior battery know-how, to carry the vitality storage market to maturity.
Picture: Polytechnology
Whereas the Asian roofing market tends to be dominated by business and industrial installations, Leeraphant says family demand is rising. The principle impediment for the residential section is the truth that most individuals usually are not at house throughout the day to make use of the solar energy that their panels can produce. Leeraphant believes that Huawei’s LUNA2000 house battery, launched by Polytechnology within the Thai market in 2022, will shut this hole, enabling households to switch their photo voltaic vitality to make use of it at night time.
There may be additionally a rising demand for built-in renewable know-how product bundles. This full-stack technique is turning into more and more common with photo voltaic producers and retailers around the globe and is especially priceless in Southeast Asia, the place energy networks stay a problem. These built-in product suites are simpler to put in and extra user-friendly – particularly necessary for a area the place renewable know-how burst onto the scene later than Europe, the US, and Australia.
The complete stack bundle is efficacious for engineering, procurement, and building (EPC) corporations, Leeraphant stated. “The set up of rooftop photo voltaic,” he defined, “generally the value may be very troublesome as a result of there are a lot of gamers, so including EV [electric vehicle] Charging provides extra worth, in comparison with different opponents.”
Added worth is at all times on Leeraphant’s thoughts – together with the management of Polytechnology he owns a multinational restaurant franchise enterprise and the Thai Worldwide Faculty. Whereas, on the floor, these efforts seem to have little in frequent with the photo voltaic business, Leeraphant sees plenty of crossover. The restaurant enterprise supplies classes on how you can handle sub-tiers within the vitality sector to retailers, Leeraphant stated, whereas the varsity supplies a platform to show a era of scholars about renewable know-how. , and likewise a possibility to indicate the merchandise of the dad or mum makers. in a gaggle of prime managers and enterprise house owners.
For Leeraphant, the important thing to good enterprise is staying open to new know-how, even when it disrupts corporations. Whereas Polytechnology has lengthy been concerned within the vitality sector, its roots are in oil and fuel. Nevertheless, the corporate entered new inexperienced markets again in 2011 and, two years later, put in the primary public EV charger in Thailand, earlier than EVs and charging merchandise have been mainstream. “Polytech has been learning the EV enterprise since 2011, greater than some other firm,” Leeraphant stated.
From 2020, the demand for EVs and associated charging gear will improve, stated Leeraphant, which places Polytechnology in a robust place to make use of its information within the sector. The entrepreneur of Polytechnology sees particularly nice progress potential for public DC (direct present) chargers, of which Leeraphant’s firm has already put in round 450 throughout the nation. In 2021, the corporate delivered 120 MW of DC charging capability and virtually 4 instances the quantity of final yr, when it reached 450 MW. Demand for house and workplace chargers can also be rising in Thailand, Leeraphant stated.
With nations around the globe dedicated to carbon neutrality, and Asia anticipated to expertise a big improve in electrical energy demand, Leeraphant is assured that the demand for photo voltaic, EVs, and battery merchandise – the -first set of decarbonization applied sciences – will proceed to develop. “We see that our progress will enhance within the subsequent few years,” he stated, “if we include the proper companions.”
“The important thing success issue is that you must be open to new know-how or new alliances on a regular basis,” Leeraphant added. “Perhaps it isn’t the proper time however when the time comes, you must be prepared and be the primary to set the route of the market, in any other case you may be a follower of the market.”
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