US invests in Thai solar energy project

Published onAugust 21, 2019

The United States has funded a Thai energy developer for its feasibility study of a solar power project in Thailand as part of its Indo-Pacific commitment. Thomas Hardy, director of the US Trade and Development Agency (USTDA), said yesterday’s grant signing ceremony marked an important milestone in the USTDA’s role in Thailand. “It is a manifestation of the Indo-Pacific vision laid out by US Secretary of State Mike Pompeo last year. It is our commitment to investing in visionary companies looking to transform the energy sector,” he said at the event at the GPF building. Mr. Hardy said the US’s investment is furthering the Asia aid initiative in bringing reliable renewable energy with zero-carbon emissions to Thailand…According to Mr. Hardy, the US Secretary of State outlined the Indo-Pacific Strategy based on three pillars, including the Asia aid initiative for the energy sector, the Digital Connectivity and Cybersecurity Partnership (DCCP), and infrastructure development in areas that can drive the economy.