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Tuesday, February 7, 2023

SAK, TC Renewable team up to offer solar rooftops, loans

Mr Siwaphong says the market for solar rooftop system installation offers great potential and is a growing business.

SET-listed Saksiam Leasing (SAK), an auto and personal loan provider, wants to expand by providing loans for residential solar rooftops, aiming to grow the portfolio of the new business to 1 billion baht this year.

SAK and TC Renewable Energy signed a memorandum of understanding yesterday to set up a joint venture, Saksiam TC Energy, which will provide both loan and solar rooftop installation services.

The venture has total registered capital of 50 million baht, of which 35% is held by SAK and the remainder by TC Renewable Energy.

Provincial households are the company’s target market for the new services and the…

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