Exporting photovoltaic energy storage to thailand

Does Thailand need a solar PV system?

Thailand’s abundance of land with high insolation is likely to result in applications for solar PPAs exceeding yearly targets and potentially creating bottlenecks at Grid interconnection points, however the selection process prevents solar from cutting off access to other technologies.

How much is fit for solar in Thailand?

In an unexpected move, the government of Thailand has introduced a feed-in-tariff (FIT) of THB 2,1679 ($0.057)/kWh over 25 years for solar and a 25-year FIT of THB 2,8331/kWh for solar plus storage.

How much solar capacity does Thailand have?

Thailand currently has 3.47 GW of installed solar capacity, according to Apricum. The country has updated its 2037 solar targets by reducing the solar capacity target to 8.7 GW and keeping the target for floating solar at 2.73 GW. This content is protected by copyright and may not be reused.

Who can apply for a solar project in Thailand?

To apply, solar producers must be 51% Thai-owned, which “really limits participation to already established (mainly Thai) players or high-risk takers with flexibility in the legal structuring,” according to Sticher. Applications will be prescreened according to readiness of land, technology, funding, and project planning.

Why is energy storage important in Thailand?

Bangkok, Thailand, May 15th, 2023 /PRNewswire/ -- With Thailand devoting itself to reducing the carbon emission to “Zero”,renewable energy is becomingincreasingly vital in the country’s energy structure. Undoubtedly, energy storage continues to play an essential part in solving intermittency and volatility.

Why should you invest in a solar-plus-storage system?

This energy storage system ensures exceptional safety, durability, and maximized return on investment for customers. It has already been successfully deployed in the largest solar-plus-storage project in Southeast Asia, the Super Energy SPP Hybrid project in the Sa Kaeo province, boasting a capacity of 49.01 MW PV and 136.24 MWh energy storage.