Vietnam and Thailand attract German solar energy funds

Green crowd investing platform Ecoligo scents growth as manufacturing booms

20201217 plant in Thailand

Ecoligo's solar installation atop a factory in Chon Buri, Thailand.

JENS KASTNER, Contributing writer

HAMBURG, Germany -- A German crowd investing platform for green energy is looking to further expand in Southeast Asia after most recently acquiring a Thai solar project. 

Ecoligo bought SEA Rooftop Solar, the Thai solar subsidiary of German utility giant RWE, in December. With the deal, whose price has not been disclosed, Ecoligo obtained SEA's only project, a solar installation on the roof of a metal fabrication factory in Chon Buri.

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