.jpg)
Thailand’s PCB boom has attracted more than THB 200 billion in investment since 2022, but renewable electricity access remains a key constraint. (Photo: Pixabay)
Thailand has become ASEAN’s largest PCB production base, attracting more than THB 200 billion (USD 6.1 billion) in investment across 180 projects since 2022. As global electronics companies place greater emphasis on supply chain decarbonization, access to renewable electricity is becoming an increasingly important factor in sustaining the country's competitive advantage.
The investment boom has been driven by supply chain diversification and rising demand for AI servers, electric vehicles, and advanced electronics, drawing Taiwanese, Chinese, and Japanese manufacturers to expand production in Thailand. Yet securing renewable electricity is proving more difficult than attracting new investment.
PCB manufacturers are responding by investing in rooftop solar, measuring product carbon footprints, and exploring renewable energy certificates. However, renewable electricity still accounts for only around 3% of power consumption at some of Thailand's leading producers.
Unlock the full article to explore three key takeaways:
- Thai PCB manufacturers are cutting Scope 1 and 2 emissions, but renewable electricity still accounts for only around 3% of power use, far below their targets.
- Thailand’s DPPA pilot remains limited to data centers, leaving PCB manufacturers reliant on rooftop solar, UGT, and I-RECs, options that fall short of full RE100 customer expectations.
- Krungsri Research expects decarbonization to become a qualifying requirement within three to five years, especially in high-value segments where competition is intensifying.
