Thai solar sector wins 250 million in financing

Thailand's solar industry has won USD250 in financing from the US international development vehicle the Overseas Private Investment Corporation (OPI). SunEdison’s Thai subsidiary will that will install photovoltaic (PV) facilities with a combined capacity of 520MW across 51 solar plants in Thailand.

 “We are proud to be supporting Thailand’s goals of shifting to clean, renewable sources of power. This project allows SunEdison to develop a pipeline of solar projects in Thailand that would otherwise require significantly more resources for OPIC to implement on a project-by-project basis,” said Elizabeth Littlefield, OPIC's president and CEO.