Thailand energy storage equipment supplier in Northwest China

Who is Thai Energy Storage Technology plc?

THAI ENERGY STORAGE TECHNOLOGY PLC. Formerly “Thai Storage Battery Company Limited” was found in 1986 and became a public company limited in 1994. It has become one member of Hitachi Chemical Group in September 2017 and changed the company name to “Hitachi Chemical Storage Battery (Thailand) Public Company Limited” by the time of 3rd January 2019.

Will Thailand become a regional battery manufacturing hub?

The move strengthens Thailand’s EV and energy storage supply chain as the country pushes to become a regional manufacturing hub. China’s leading lithium battery producer Sunwoda has received approval from Thailand’s Board of Investment (BOI) for a THB 50 billion ($1.5 billion) investment in local battery manufacturing.

Does Thailand need energy storage?

Narit, the BoI chief, emphasized the need for energy storage in Thailand due to the growth of the circular energy sector and highlighted the country's potential for developing energy storage systems.

How will Thailand's EV supply chain develop?

Narit Therdsteerasukdi, Secretary-General of the BOI, welcomed the investment as a “ milestone in Thailand’s EV supply chain development.” He emphasized that local battery production will solidify Thailand’s position as a regional EV and hybrid vehicle manufacturing hub while enhancing its global competitiveness.

Why is Thailand a good location for solar energy?

Thailand enjoys a generous amount of sunlight throughout the year, with an average solar irradiance that creates a fertile ground for solar energy production. This geographical advantage positions Thailand as a prime location for solar installations, capable of generating substantial amounts of clean energy. 2. Governmental Endorsement and Schemes