BANGKOK -- Thai renewable power companies operating solar and wind farms are shifting investment overseas, despite the government's target of making renewables contribute up to 25% of the country's total power mix by 2021. The state's control over the market has intensified competition, leaving less breathing room for private businesses to grow domestically.
Impact Electrons Siam, a new-generation renewable power startup, has already moved to develop renewable projects in Japan and Laos.
