Symbior Solar Expands Into Commercial and Industrial Rooftops in Thailand and Commissions First Two PV Projects with Assyce Asia

Symbior Solar (Symbior), a regional solar PV developer with a focus on frontier solar markets in Asia, together with Assyce Asia (Assyce), a regional solar EPC and O&M provider, announces the commissioning of two commercial solar PV rooftop projects with Robinson Department Store in December 2017 with total capacity of 1.4MW in Kamphaeng Phet and Mahachai, Thailand.

Bangkok, Thailand, January 24, 2018 –(PR.com)– Symbior Solar (Symbior), a regional solar PV developer with a focus on frontier solar markets in Asia, together with Assyce Asia (Assyce), a regional solar EPC and O&M provider, announces the commissioning of two commercial solar PV rooftop projects with Robinson Department Store in December 2017 with total capacity of 1.4MW in Kamphaeng Phet and Mahachai, Thailand.

In 2017 Symbior expanded its Thai solar PV development activities on the emerging commercial and industrial solar PV rooftop (C&I solar) market in the Kingdom. Building on its successful implementation of its 30MW pipeline of utility scale projects in Thailand since 2013, Symbior was awarded its first C&I project from Robinson Department Store. As of December 2017, Symbior has secured a total of over 13MW of commitments for C&I projects as well as a pipeline under development of 100MW for 2018 and 2019 in Thailand.

Assyce started in 2016 to focused on C&I self-consumption projects in Thailand and expanded this activity to other South-East Asian markets. Currently Assyce is working on a pipeline of 20MW of projects in the region. Assyce offers a highly dedicated team providing high quality design and installation at a competitive price with customized solutions and flexible business models to its customers like Symbior across the region.

“With the latest reduction in installation cost for solar PV projects, the C&I business allows the solar industry in Thailand to thrive independently of government subsidies,” said Florian Bennhold, CEO of Symbior Solar, “The recently approved net-metering policy shows that Thailand is embracing this new development for solar PV and will support the C&I segment further in 2018.”

“For C&I clients, the quality of the installation is of great importance,” said Tobias Deissler, Managing Director of Assyce Asia, “this makes Assyce with its track-record of high-efficiency plants and years of experience starting in Spain’s solar PV market in 2008 a great partner in these projects.”

“With Thailand’s head start in Solar PV and its mature supply chain the Kingdom is poised to continue to lead South-East Asia in the emerging C&I solar PV market,” said Chayasak Itthisiri, Vice President C&I Solar for Symbior. “Today, Symbior’s PV installations offer our clients immediate cost savings on their electricity bill with no required investment nor operation costs and a professionally managed power plant over the long term. This makes our offer very attractive to most commercial and industrial facility owners.”

Both Robinson projects were concluded in record time of only about two months and have been operating and delivering power since the grand opening of both Robinson stores in early December. Assyce uses duel glass modules from Canadian Solar for higher efficiency, better fire protection and improved self-cleaning effect from natural rain. Symbior is monitoring the sites remotely in real time and is working closely with the joint operation and maintenance team to guarantee the effective operation of the facilities which Symbior is vouching for to all its clients.

Symbior plans to start construction on further 5MW of C&I projects in early 2018 and continue to build its portfolio from its development pipeline of approximately 100MW in Thailand in the coming years.

About Symbior Solar
Established in 2010, Symbior Solar has grown into a leading regional solar PV developer with a focus on frontier solar PV markets in Asia. Symbior offers solar power purchase agreements to industrial and commercial clients for immediate electricity cost savings without any capital investment in Thailand, Philippines, Vietnam and Indonesia. With a pipeline of over 300MW, Symbior Solar continues to expand its solar PV generation platform supporting the region’s drive towards environmentally and economically sound energy supply for a sustainable future.

For more information about Symbior Solar, please visit www.symbiorsolar.com.

About Assyce Asia
Assyce Asia, part of the Assyce Group headquartered in Spain was founded in Thailand in 2011 in order to construct one of the first commercial Solar Power Plants in the region. Assyce is a “global supplier of services and products” aimed at financial and even private investors with clean energy projects, industries wishing to build facilities for producing their own energy. We offer in this market a large variety of services. From design, evaluation, engineering, construction and plant audits of photovoltaic projects through to the operation, maintenance and management of project assets.

For more information about Assyce Asia, please visit www.assyceasia.com.

Media Contacts

Symbior Solar
Chayasak Itthisiri
+66(0)2 2129 3238
Chayasak.itthisiri@symbiorsolar.com

Assyce Asia
Jatuporn Chaiwut
+66(0)2 117 9545
jatuporn@assyceasia.com