SUZHOU, China, June 14, 2026 /PRNewswire/ -- Secretary Ma. Cristina A. Roque met with Mr. Mr. Yudong Bao, CEO, YUDE SOLAR TECHNOLOGIES CO., LTD, to discuss the company's interest to participate in the Renewable Sector in the Philippines particularly in distributed photovoltaic (PV) development for residential and commercial & industrial (C&I) applications. The meeting was held on May 20 in Suzhou, China and organized by the Philippine Trade and Investment Center-Shanghai led by Vice Consul Commercial Jose Ma. S. Dinsay.

Yude Solar has recently completed its company registration in the Philippines and in the process of Structuring partnerships with experienced local companies in the solar industry. The company plans to collaborate with local EPC firms, financial institutions, and industry partners to establish a comprehensive distributed solar ecosystem in the country.

YUDE SOLAR TECHNOLOGIES CO., LTD. a subsidiary of a Shanghai Stock Exchange-listed smart energy technology company GoodWe Corporation, was established in May 2021 and has rapidly emerged as one of China's leading rooftop solar developers. Headquartered in China and backed by GoodWe's global smart energy ecosystem, Yude specializes in distributed photovoltaic (PV) solutions for both residential and commercial & industrial (C&I) applications. Since its establishment, the company has developed and commissioned more than 3 GW of rooftop solar projects across China, positioning itself among the country's top five rooftop solar developers.

Originally focused on residential solar systems, Yude Solar has installed and commissioned more than 90,000 residential systems nationwide and currently operates in over 20 provinces across China. The company has been recognized as one of China's most influential household solar brands for three consecutive years from 2022 to 2025 and has obtained the CQC Household Photovoltaic System 2A Certification.

Leveraging the technological and manufacturing strengths of GoodWe, Yude Solar provides integrated smart energy solutions covering solar generation, energy storage, intelligent load management, and grid integration. Its C&I business focuses on Smart Energy Integration solutions combining "Load + Grid + Generation + Storage," enabling businesses to optimize energy efficiency, reduce electricity costs, and improve energy resilience.

Yude is currently expanding beyond traditional rooftop solar into a broader clean energy portfolio, including Battery Energy Storage Systems (BESS), Green Energy Certificates (GEC), and other renewable energy initiatives aligned with China's carbon neutrality objectives and the global energy transition.

Yude Solar made a commitment to work with Secretary Ma. Cristina A. Roque, her team and other relevant government officials, to become a transformative force in the Philippines energy landscape by delivering affordable, reliable, and clean solar power solutions to homes and businesses across the country. Yude Solar can help empower Filipino families and enterprises through smart solar and battery storage systems that reduce dependence on imported fossil fuels and lower monthly electricity bills. By combining advanced technology, flexible financing with zero upfront investment models, and strong local partnerships, Yude Solar can accelerate the Philippines' transition toward energy independence, sustainability, and long-term economic resilience—bringing not only power to communities, but also hope, opportunity, and a cleaner future for generations to come.

GoodWe-backed solar firm opens Bangkok office as distributed photovoltaic demand surges across the region

BANGKOK, April 24, 2026 /PRNewswire/ -- Yude Solar officially opened its Thailand operations today at a ceremony in Bangkok, marking the company's formal entry into Southeast Asia and the beginning of what executives describe as a broader global expansion strategy.

Backed by GoodWe Group, a global solar technology conglomerate, Yude Solar positions the Thailand launch not as a simple overseas branch, but as the foundation of a full photovoltaic service ecosystem.

The company plans to partner with local engineering, procurement, and construction (EPC) firms and financial institutions to make rooftop solar accessible to households and businesses across the country.

"Clean energy should not be a luxury — it should be accessible to everyone," Bryan Bao, CEO of Yude Solar, stated at the launch event, Yude Solar's philosophy has guided its operations since founding. In China, Yude Solar has served nearly 100,000 residential and commercial customers, building a track record it now intends to replicate in Southeast Asia.

Bryan Bao's stated goal is to become one of the five leading distributed photovoltaic providers in Southeast Asia. Distributed solar — where electricity is generated on-site at homes and commercial buildings rather than at centralized power plants — is seen as a critical tool for the region as it grapples with energy security pressures and the need for greater economic resilience.

Thailand serves as the company's regional beachhead. From Bangkok, Yude Solar plans to introduce its mature technology platform, implementation experience, and partner ecosystem to local markets — enabling buildings to generate and consume their own clean electricity.

The launch comes at a moment of strong momentum for solar across Southeast Asia. Traditional energy infrastructure across the region faces growing strain, and governments are increasingly prioritizing affordable, decentralized alternatives. Distributed solar is widely viewed as one of the most practical near-term solutions.

Bryan Bao said it will continue to expand its presence in Thailand and across the broader Southeast Asian region, working with local partners to build what it calls "a clean energy ecosystem for the new era of green development."

GoodWe, established in 2010, is a world-leading PV inverter and energy storage systems manufacturer listed on the Shanghai Stock Exchange (stock code: 688390). The company has more than 6,000 employees across 15 countries and a team of over 1,000 engineers working at its R&D centres to continuously optimize and advance energy storage technology. GoodWe's storage inverters were ranked among the top three globally by Wood Mackenzie in 2022. The company was also recently recognized as a leading power inverter manufacturer by BloombergNEF Tier 1 (Q1 2026).

Yude Solar Technologies, a subsidiary of GoodWe, was established in May 2021 and is a top five rooftop solar developer in China. The company has more than 450 employees and operates in over 20 provinces across the country. It has been recognized as one of China's most influential brands in household solar systems for three consecutive years (2022–2025) and has received the CQC Household Photovoltaic System 2A certification. With a vision to become the preferred value creator in the zero-carbon era, the company began as a residential solar provider and has since developed and commissioned over 3 GW of residential and Commercial & Industrial projects. For more information about Yude Solar Technologies, please visit us at www.yudesolar.com