UOB launches U-Solar programme in Thailand to support local solar industry ecosystem

Published onFebruary 13, 2020

United Overseas Bank Thai (UOB) today launched U-Solar, Asia’s first solar industry ecosystem, in Thailand to lead the take-up of renewable energy nationwide. Through the U-Solar programme, the bank connects businesses and consumers across the solar industry value chain and helps their transition to a low-carbon economy. The programme is also available in Indonesia, Malaysia and Singapore. In supporting the growth of the solar power industry, UOB provides solar project developers with solutions in green financing, project loans and portfolio financing, as well as cash management services. For Engineering, Procurement Construction (EPC) contractors, UOB offers end-to-end contract-based financing solutions, from bid bonds and letters of credit issuance to performance guarantees and working capital facilities.

Source: https://www.bangkokpost.com/thailand/pr/1852749/uob-launches-u-solar-programme-in-thailand-to-support-local-solar-industry-ecosystem