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PSS, the most preferred and trusted partner for Solar photovoltaic Projects in Thailand and Amarenco Group, global leader in photovoltaic energy production, announce the signing of a joint-venture, PSS AMARENCO & CO. Through this JV, the two solar experts combine their expertise in order to implement 500 MWp over the next 3 to 5 years and to save.
This is because solar energy is one of the best decarbonising solutions to mitigate climate change while being the most competitive source of power generation. It also contributes to Thailand energy sovereignty and therefore long-term energy independence. Finally, by investing in solarized crop and livestock production infrastructures, also called “agri-pv infrastructures”, Thailand has also the potential to increase its food independence.
PSS is seeding the JV with a number of already successfully completed projects, notably Seacon Square rooftop which is the largest single roof in Thailand. Located in Bangkok, Seacon Square is a large indoor shopping mall that opened in 1994. The building is 500 metres long, making it one of the largest shopping malls in Thailand.
Finergreen, financial advisor dedicated to renewable financing in Asia and globally, advised Amarenco on its C&I expansion in South East Asia.
Alain Desvigne, Amarenco Group CEO, states, It is really amazing to be able to partner with Sam Yamdagni who is a successful serial entrepreneur and a previous corporate executive in several multinationals, as well as with his partner Prote Sosothikul, Seacon Square Director. I am also very excited to deploy our 15 bn Baht joint investment plan in Thailand thanks to this partnership – solar makes so much sense in this country! Such ‘glocal’ partnerships prove to be the winning strategy of Amarenco Group across Asia, Europe and Middle East. »
“We are extremely excited to have Amarenco as our JV partner. With deep expertise in PV, Storage, AgriPV, Wind etc and deep commitment Hydrogen and EV, Amarenco has a dynamic team highlighted by their engagement and agility to bring pioneering solutions that unify stakeholders to make strong ecological commitments. We are committed to the purpose of “RE.Generating Thailand with Green Power”.» said Sam Yamdagni, PSS CEO.
“Finergreen is proud to keep playing an active role in the solar C&I space year after year in South East Asia. The PSS/Amarenco partnership is a testimony of our capabilities to ally an exemplary local developer (PSS) with a European leader like Amarenco. Growth prospects are still huge for C&I in Thailand, and this JV is a prime example of that. We look forward to seeing it thrive.” declares Jade Relmy from Finergreen.