Project sermsang solar by SPN in Lopburi province, Thailand. (Photo: Sermsang Power)
The flow of funds into renewable energy financing in the ASEAN region continues to attract attention. The International Finance Corporation (IFC), a member of the World Bank Group, and Siam Commercial Bank (SCB) of Thailand have decided to provide a green loan to Thailand's renewable energy company, Sermsang Palang Ngan (SPN), totaling approximately 64 million USD. This initiative aims to foster the development of the renewable energy market in ASEAN countries such as Thailand, Indonesia, and Vietnam.
