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Yude Solar Launches Thailand Operations, Eyes Top-Five Spot in Southeast Asian Solar Market

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Yude Solar Launches Thailand Operations, Eyes Top-Five Spot in Southeast Asian Solar Market
Business

Business

Yude Solar Launches Thailand Operations, Eyes Top-Five Spot in Southeast Asian Solar Market

2026-04-24 14:57 Last Updated At:15:15

GoodWe-backed solar firm opens Bangkok office as distributed photovoltaic demand surges across the region

BANGKOK, April 24, 2026 /PRNewswire/ -- Yude Solar officially opened its Thailand operations today at a ceremony in Bangkok, marking the company's formal entry into Southeast Asia and the beginning of what executives describe as a broader global expansion strategy.

Backed by GoodWe Group, a global solar technology conglomerate, Yude Solar positions the Thailand launch not as a simple overseas branch, but as the foundation of a full photovoltaic service ecosystem.

The company plans to partner with local engineering, procurement, and construction (EPC) firms and financial institutions to make rooftop solar accessible to households and businesses across the country.

"Clean energy should not be a luxury — it should be accessible to everyone," Bryan Bao, CEO of Yude Solar, stated at the launch event, Yude Solar's philosophy has guided its operations since founding. In China, Yude Solar has served nearly 100,000 residential and commercial customers, building a track record it now intends to replicate in Southeast Asia.

~100,000

Top 5

1st

customers served in China

target ranking in SE Asia

overseas market: Thailand

Bryan Bao's stated goal is to become one of the five leading distributed photovoltaic providers in Southeast Asia. Distributed solar — where electricity is generated on-site at homes and commercial buildings rather than at centralized power plants — is seen as a critical tool for the region as it grapples with energy security pressures and the need for greater economic resilience.

Thailand serves as the company's regional beachhead. From Bangkok, Yude Solar plans to introduce its mature technology platform, implementation experience, and partner ecosystem to local markets — enabling buildings to generate and consume their own clean electricity.

The launch comes at a moment of strong momentum for solar across Southeast Asia. Traditional energy infrastructure across the region faces growing strain, and governments are increasingly prioritizing affordable, decentralized alternatives. Distributed solar is widely viewed as one of the most practical near-term solutions.

Bryan Bao said it will continue to expand its presence in Thailand and across the broader Southeast Asian region, working with local partners to build what it calls "a clean energy ecosystem for the new era of green development."

GoodWe, established in 2010, is a world-leading PV inverter and energy storage systems manufacturer listed on the Shanghai Stock Exchange (stock code: 688390). The company has more than 6,000 employees across 15 countries and a team of over 1,000 engineers working at its R&D centres to continuously optimize and advance energy storage technology. GoodWe's storage inverters were ranked among the top three globally by Wood Mackenzie in 2022. The company was also recently recognized as a leading power inverter manufacturer by BloombergNEF Tier 1 (Q1 2026).

Yude Solar Technologies, a subsidiary of GoodWe, was established in May 2021 and is a top five rooftop solar developer in China. The company has more than 450 employees and operates in over 20 provinces across the country. It has been recognized as one of China's most influential brands in household solar systems for three consecutive years (2022–2025) and has received the CQC Household Photovoltaic System 2A certification. With a vision to become the preferred value creator in the zero-carbon era, the company began as a residential solar provider and has since developed and commissioned over 3 GW of residential and Commercial & Industrial projects. For more information about Yude Solar Technologies, please visit us at www.yudesolar.com 

 



GoodWe-backed solar firm opens Bangkok office as distributed photovoltaic demand surges across the region

BANGKOK, April 24, 2026 /PRNewswire/ -- Yude Solar officially opened its Thailand operations today at a ceremony in Bangkok, marking the company's formal entry into Southeast Asia and the beginning of what executives describe as a broader global expansion strategy.

Backed by GoodWe Group, a global solar technology conglomerate, Yude Solar positions the Thailand launch not as a simple overseas branch, but as the foundation of a full photovoltaic service ecosystem.

The company plans to partner with local engineering, procurement, and construction (EPC) firms and financial institutions to make rooftop solar accessible to households and businesses across the country.

"Clean energy should not be a luxury — it should be accessible to everyone," Bryan Bao, CEO of Yude Solar, stated at the launch event, Yude Solar's philosophy has guided its operations since founding. In China, Yude Solar has served nearly 100,000 residential and commercial customers, building a track record it now intends to replicate in Southeast Asia.

~100,000

Top 5

1st

customers served in China

target ranking in SE Asia

overseas market: Thailand

Bryan Bao's stated goal is to become one of the five leading distributed photovoltaic providers in Southeast Asia. Distributed solar — where electricity is generated on-site at homes and commercial buildings rather than at centralized power plants — is seen as a critical tool for the region as it grapples with energy security pressures and the need for greater economic resilience.

Thailand serves as the company's regional beachhead. From Bangkok, Yude Solar plans to introduce its mature technology platform, implementation experience, and partner ecosystem to local markets — enabling buildings to generate and consume their own clean electricity.

The launch comes at a moment of strong momentum for solar across Southeast Asia. Traditional energy infrastructure across the region faces growing strain, and governments are increasingly prioritizing affordable, decentralized alternatives. Distributed solar is widely viewed as one of the most practical near-term solutions.

Bryan Bao said it will continue to expand its presence in Thailand and across the broader Southeast Asian region, working with local partners to build what it calls "a clean energy ecosystem for the new era of green development."

GoodWe, established in 2010, is a world-leading PV inverter and energy storage systems manufacturer listed on the Shanghai Stock Exchange (stock code: 688390). The company has more than 6,000 employees across 15 countries and a team of over 1,000 engineers working at its R&D centres to continuously optimize and advance energy storage technology. GoodWe's storage inverters were ranked among the top three globally by Wood Mackenzie in 2022. The company was also recently recognized as a leading power inverter manufacturer by BloombergNEF Tier 1 (Q1 2026).

Yude Solar Technologies, a subsidiary of GoodWe, was established in May 2021 and is a top five rooftop solar developer in China. The company has more than 450 employees and operates in over 20 provinces across the country. It has been recognized as one of China's most influential brands in household solar systems for three consecutive years (2022–2025) and has received the CQC Household Photovoltaic System 2A certification. With a vision to become the preferred value creator in the zero-carbon era, the company began as a residential solar provider and has since developed and commissioned over 3 GW of residential and Commercial & Industrial projects. For more information about Yude Solar Technologies, please visit us at www.yudesolar.com 

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Yude Solar Launches Thailand Operations, Eyes Top-Five Spot in Southeast Asian Solar Market

Yude Solar Launches Thailand Operations, Eyes Top-Five Spot in Southeast Asian Solar Market

SHANGHAI, June 14, 2026 /PRNewswire/ -- The Gala Night of the 28th Shanghai International Film Festival (SIFF) was held in Shanghai today, bringing together filmmakers, industry professionals and audiences from around the world in celebration of cinema.

Running through June 20, this year's festival will present more than 420 films across over 1,600 screenings in Shanghai and cities throughout the Yangtze River Delta. As one of only 17 film festivals worldwide to hold official A-list classification from FIAPF, SIFF continues to serve as a major platform for international cinematic exchange.

The winners of the Golden Goblet Awards will be announced at the Golden Goblet Awards Ceremony of the 28th Shanghai International Film Festival on June 20.

A Night of Cinema Along the Huangpu River

The Gala Night transformed Shanghai into a vibrant stage for global cinema, welcoming filmmakers, actors and industry professionals from around the world. Golden Goblet Awards jurors, nominated filmmakers and representatives of major Chinese and international productions gathered on the red carpet, showcasing the festival's growing international profile and influence.

One of the evening's most significant moments was the presentation of the festival's honorary awards. Renowned actress and cultural ambassador Lisa Lu received the Lifetime Achievement Award, while acclaimed Chinese director Zhang Yimou was honored with the Outstanding Contribution to Chinese Cinema Award, recognizing their exceptional achievements and enduring contributions to the development of cinema.

The celebration once again highlighted Shanghai's unique role as a city where cinema, culture and international exchange converge.

Opening Film Afterpiece Makes World Premiere

This year's opening film, Afterpiece, made its world premiere as one of the festival's most anticipated events. Directed by Keane T.K. Wong and produced by Derek Yee, the film stars Stephen Fung, Chrissie Chau, Myolie Wu and Angela Yuen. The story follows a once-celebrated theatre director seeking creative redemption while navigating the increasingly blurred boundaries between performance and reality.

Developed under a Hong Kong film mentorship initiative pairing established filmmakers with emerging directors, Afterpiece reflects the continued transmission of creative talent across generations in Hong Kong cinema.

Members of the cast and creative team attended the Gala Night and participated in audience activities following the premiere screening.

International Jury Reflects Global Vision

Members of the Golden Goblet Awards jury met with the media in Shanghai ahead of this year's festival activities, representing filmmakers and industry professionals from around the world.

The seven-member Main Competition jury is chaired by acclaimed actor Tony Leung Chiu-wai and includes Chinese director Guan Hu, actress Xin Zhilei, Tunisian producer Dora Bouchoucha, Kyrgyz director Aktan Arym Kubat, Georgian filmmaker Déa Kulumbegashvili and Mexican director Fernanda Valadez.

"It is a great honor to serve as jury president of the 28th Shanghai International Film Festival. Cinema is the art of dreaming, and Shanghai is the very vessel on which the Chinese film dream set sail. I hold a few more tickets for this voyage—would you like to join me?" said Tony Leung Chiu-wai.

The jury's diverse composition reflects SIFF's longstanding commitment to fostering dialogue among filmmakers from different cultures and creative traditions.

A Truly Global Stage for Cinema

This year, SIFF received approximately 4,100 submissions from 125 countries and regions, setting a new record in the festival's history. Among nearly 3,000 eligible entries, 82 percent are world or international premieres, underscoring the festival's growing global influence and appeal.

Audience enthusiasm remained strong, with online ticket sales launching on June 5 and 250,000 tickets sold within the first 15 minutes.

Beyond screenings, SIFF continues to promote international collaboration through initiatives including SIFF PROJECT, the International Film & TV Market, industry forums and masterclasses. The Belt and Road Film Festival Alliance, initiated by SIFF, now includes 57 member institutions from 50 countries, further strengthening cooperation among film communities worldwide.

Chen Guo, Managing Director of Shanghai International Film & TV Events Center, said: "Our goal is to use the festival platform to help films transcend geographic, linguistic and cultural boundaries, encouraging deeper cultural dialogue and creative exchange among filmmakers and audiences from different parts of the world."

The International Film & TV Market will be held during the festival period, bringing together exhibitors, industry organizations and professionals from around the world to explore new opportunities in content creation, technological innovation and international cooperation.

For more information and the full festival schedule, please visit the official SIFF website at https://www.siff.com/english/

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Gala Night of the 28th Shanghai International Film Festival Held in Shanghai

Gala Night of the 28th Shanghai International Film Festival Held in Shanghai

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