Power Systems & Solutions Forms Strategic Joint Venture with Berde Renewables, Backed by I Squared Capital’s $45 Billion Infrastructure Fund

In a significant step towards accelerating Thailand’s clean energy transformation, Power Systems & Solutions Co., Ltd. has officially announced a joint venture with Berde Renewables Inc., the Southeast Asia-focused renewable energy platform of I Squared Capital, a leading global infrastructure investor managing over $45 billion in assets.

The announcement was made during Commitment Day 2025, a landmark event that brought together over 400 leaders from government, industry, and innovation under one roof to discuss and drive Thailand’s energy transition. What began as a high-level dialogue culminated in firm action, including the public launch of the joint venture that aims to contribute meaningfully to the country’s renewable energy landscape.

The event served as a powerful platform for collaboration, where 55 MW of new clean energy commitments were declared and 296 pledges were added to the in-house Commitment Tree, symbolizing the collective ambition for a greener future. The forum featured a panel discussion that received overwhelming appreciation from participants — many noting that the insights were more energizing than the celebration itself.

In his closing remarks, the spokesperson from Power Systems & Solutions extended heartfelt thanks to all those who contributed to the event’s success, especially highlighting the support of Joint Foreign Chambers of Commerce in Thailand, RE100 Thailand, Singapore-Thai Chamber of Commerce, The Federation of Thai Industries, ITCC, and other regional and industry partners.

“This joint venture marks more than just a partnership — it’s a shared commitment to building Thailand’s pathway to 63.9 GW of renewable capacity,” the company stated. “The future of energy is not built alone — it’s built together.”

Power Systems & Solutions called for continued dialogue and collaboration, encouraging stakeholders who participated — and those who wished they had — to share ideas and keep the momentum going.