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New Offshore Solar Cost Breakthrough in Thailand & Malaysia — A Big Signal for ASEAN Energy Growth

Date:2025-12-18

According to a recent pv magazine report, offshore floating solar projects in Thailand and Malaysia could achieve an LCOE of below USD 0.06/kWh, placing both countries among the most cost-competitive offshore solar markets globally.
 
Thailand’s strong renewable resources and favorable conditions continue to position the country as a key growth market for clean energy in Southeast Asia. As costs decline across offshore solar and wind power, hybrid renewable solutions are gaining increasing attention from developers, investors, and technology providers.
 
This growing momentum across renewables highlights the importance of regional collaboration and industry exchange.
 
ASEAN Wind Energy Expo (AWE) 2026
25–27 March 2026
IMPACT, Bangkok, Thailand
 
AWE 2026 brings together wind energy developers, OEMs, and solution providers to explore opportunities across ASEAN’s fast-growing renewable energy markets.
 
We look forward to welcoming industry leaders in Bangkok.
 
#RenewableEnergy #WindEnergy #OffshoreEnergy #ASEANEnergy #ThailandEnergy#CleanEnergyTransition #FloatingSolar #OffshoreWind #EnergyExhibition#AWE2026 #Bangkok