SMA Solar Technology AG has achieved 1GW of solar inverter sales in Thailand. SMA has been present in the country since 1998 and opened its subsidiary in 2011 to cater to the growing region.
"SMA's market leading position has been built on a reputation of state of the art, robust and reliable technology from Germany, backed by excellent local service," said SMA Thailand Country Manager Suntisuk Mathinapitak.
SMA Thailand has seen considerable growth particularly in the utility segment, which has been largely driven by the government's policy to increase the portion of electricity produced from renewable energy sources. 2015 has been a successful year for solar farm projects in Thailand as the Government Agencies and Agricultural Cooperative solar farm programs and residential/commercial markets is emerging.
“SMA expects to see further growth in this region," said Suntisuk Mathinapitak.
