China's GCL System Integration and Thailand-based Getz Energy, subsidiary of Global Power Synergy, have signed a memorandum for up to 1 gigawatt of solar photovoltaic modules for installation in Thailand, GCL SI said in a statement on Monday.
GCL SI will supply both photovoltaic modules and battery energy storage systems and deliver them in phases in tandem with construction and grid connection timetables.
The deal supports growth of the GPSC and Getz renewable energy portfolios domestically in Thailand, with utility-scale solar a major part of the group's long-term decarbonization strategy, the statement said.
GCL SI said the agreement reflects accelerating growth in utility-scale renewables across Southeast Asia more broadly with growing electricity demand and decarbonization targets boosting clean technologies.