Bangkok, Thailand, 07 July 2023 Global renewable energy developer, service provider and solar distributor BayWa r.e announced the partnership with JA Solar, a globally leading photovoltaic (PV) product manufacturer in Southeast Asia. The strategic collaboration of two global companies will support Southeast Asia’s growing energy transition industry.
The partnership aims to distribute new technologies of JA Solar with key focus in rooftop solar, driving the growth and development of the residential, commercial and industrial solar sector in the Southeast Asian region. The collaboration will give all customers access to high-quality products manufactured by JA Solar and distributed by BayWa r.e. Solar Trade. BayWa r.e. is targeting to distribute more than 100 MW of JA PV modules this year and is expected to further increase growth yearly.
Commenting on the partnership, Junrhey Castro, Managing Director, BayWa r.e. Solar Trade, said, “At BayWa r.e., we highly regard the quality and reliability of the products we supply to our customers. We only work with highest quality products that have passed our stringent quality and reliability standards backed by verified industry reputation. I am excited to share that JA Solar has passed the standards. They have proven a track record in the industry with continuous technological innovation, stable financial strength and a well-developed global network, making them one of the most trusted PV module supply partners of BayWa r.e. in the region and globally.”
Steven Chen, Assistant President of APAC & Middle East, JA Solar, commented, “We would like to thank BayWa r.e. Solar Trade Southeast Asia for the continuous support throughout the years and are honoured to be part of BayWa r.e. ‘s achievement in cumulatively selling more than 0.5 GW of solar equipment in the region in 2022. BayWa r.e. have our utmost trust as a global leader in solar distribution with over 30 years of experience in the field of solar trade. We believe that this distribution of high-quality PV module partnership forms a strategic fit to meet the growing needs of the solar industry in Southeast Asia.”
BayWa r.e. ‘s most recent APAC Energy Report has found that investment costs being too high is the top barrier to renewable energy at 37%. With this partnership, BayWa r.e. and JA Solar strives to bring affordable renewable energy to the population of this region as high-quality products will have a longer shelf life, allowing businesses to gain the cost-saving advantage without the need to replace them frequently.
BayWa r.e. AG (BayWa r.e.):
At BayWa r.e. we r.e.think energy – how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.
We are a leading global developer, service supplier, distributor and solutions provider and have brought over 5 GW of energy online and manage over 10 GW of assets. We are also an Independent Power Producer with an expanding energy trading business.
BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.
Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.
Our shareholders are BayWa AG, a €27.1 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.
