Solartron plans to expand its client base by tapping US and European markets that have set tariff barriers against Chinese-made solar-cell panels, along with emerging markets such as Cambodia, Myanmar and Indonesia where power blackouts are common, to boo
Solartron president Pattama Vongtuaythong said the company planned to secure foreign contracts for engineering, procurement and construction to raise the proportion of its international business from 10 per cent of total revenue to 50 per cent.
Solartron has 70 megawatts’ worth of solar-cell and solar-panel production capacity at its facility in Pak Chong, Nakhon Ratchasima province. This facility can be expanded promptly to accommodate one more production line in the future as necessary.
This year, Solartron will place more emphasis on expanding its exports to mitigate the impact of the Thai political uncertainty and to prepare for the Asean Economic Community going into full effect next year. Solartron will invest in fast-growing neighbouring countries such as Cambodia, Myanmar and Indonesia where electricity coverage is still inadequate, Pattama said.
Besides Asean export markets, Solartron plans to tap business potential in Europe, where alternative energy sources are on the rise.
Meanwhile, the operational results for the fourth quarter of 2013 are expected to be satisfactory, with revenue from power-plant construction to be realised in accordance with targets.