Mitihoon – Bangkok – Chow Bright Ventures Holdings Public Company Limited (“CHOW”), through its renewable energy arm Chow Energy Public Company Limited, has signed a Memorandum of Understanding (MOU) with Loxley Public Company Limited to install more than 36 megawatts of solar power nationwide. The initiative aims to cut energy costs for businesses while advancing Thailand’s decarbonization targets.
The partnership will see CHOW design, install, and maintain solar systems for Loxley’s partner network under a Power Purchase Agreement (PPA) model, which allows companies to adopt solar energy without upfront investment. Participants will only pay for electricity consumed—at rates below conventional tariffs—enabling immediate cost savings and reducing reliance on fossil fuels.
Mr. Anavin Jiratomsiri, Chief Executive Officer of CHOW, said the collaboration highlights CHOW’s role in scaling renewable energy adoption:
“With more than 10,000 solar projects delivered nationwide, CHOW is positioned to provide efficient and sustainable energy solutions. Partnering with Loxley strengthens our joint ability to accelerate the shift to clean energy while enhancing competitiveness for Thai businesses.”
The rollout is expected to be completed within three years, supporting Thailand’s policy targets of achieving carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065.
Mr. Suroj Lamsam, Director, Chief Executive Officer, and President of Loxley Public Company Limited, said the collaboration underscores Loxley’s commitment to sustainability:
“Sustainability is central to Loxley’s business strategy. This partnership enables us to drive real impact across our supply chain—cutting costs for partners, reducing emissions, and delivering long-term value to society.”
The 36 MW capacity will significantly expand the share of renewable energy consumption among Loxley’s partners and is expected to lower greenhouse gas emissions across multiple industries. Both companies view the project as a model for how private-sector collaboration can contribute to national climate goals while delivering economic benefits.
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