More about Thai Solar Energy
Thai Solar Energy Public Company Limited (TSE) was established in 2008 in Bangkok, Thailand, as a leading company in Southeast Asia, effectively applying advanced technology to convert solar radiation into green energy. TSE began its journey by developing and operating solar farms and solar rooftops in Thailand and has since expanded its presence beyond borders. The company engages in the production and distribution of electricity from solar and other renewable energy sources, categorized into two main types: electricity generation from solar energy using photovoltaic systems (Solar PV), including ground-mounted solar farms (Solar Farm), ground-mounted solar farms with energy storage systems (Solar Farm + Battery Energy Storage System (BESS)), rooftop solar installations (Solar Rooftop), and floating solar installations (Solar Floating); and electricity generation from biomass energy (Biomass Power Plants). TSE supplies its energy outputs to public entities such as the Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA), as well as private entities in Thailand.
Key Milestones in TSE’s Growth
Since its inception, TSE has achieved several remarkable milestones. Between 2011 and 2014, the company grew from a small-scale operation to managing 11 solar plants with a combined capacity of 85 MW. A major breakthrough came when TSE secured a USD 200 million loan from Bangkok Bank Public Company Limited to finance a solar farm project.
Another significant milestone occurred in 2013 when Global Power Synergy (GPSC), the electricity and utility arm of PTT Public Company Limited, became a strategic partner of TSE, further strengthening the company's position in the renewable energy sector. By late 2014, TSE was listed on the Stock Exchange of Thailand (SET), achieving a market capitalization of over USD 200 million. Between 2015 and 2024, TSE expanded its portfolio by acquiring new renewable energy farms and floating projects. As of the end of December 2024, TSE operates a total of 62 projects with a combined capacity of 382.86 MWppa.
