20
Sep

Solar Future is still BRIGHT

Although the government has not yet sent a clear signal for when it will start buying solar power generated from private buildings and households, the boom in solar rooftops in that segment has started, say industry officials.

Solar panels are seen on the rooftops of Thammasat University, among the organisations that have installed the solar system to generate their own power.

Solar panels are seen on the rooftops of Thammasat University, among the organisations that have installed the solar system to generate their own power.

With the cost of installing solar on rooftops having dropped by 50%, there has been a steady increase in the amount of businesses, households and institutions wanting to generate their own power. This is despite the fact the the government still does not allow you to sell your self-generated power back to the grid.

Two SET-listed energy firms are offering new purchasing models to help residents afford their own solar rooftops, allowing several payment types including hire-purchase, similar to auto leasing companies.

Solar power generation in Thailand has reached 2,990 megawatts, of which 2,860MW is from solar farms and 130MW from solar rooftop installations at households and businesses.

Energy policymakers are expected to finalise the process to deregulate solar rooftops and allow residents to sell power back to state utilities by the end of this year.

PTT Plc, the national oil and gas conglomerate, is also looking to get in on the action, as it has installed solar rooftops at 10 petrol stations via a joint effort with its power and utilities subsidiary Global Power Synergy Plc.

It is awesome to hear that oil and gas companies are also doing their part for the benefit of the environment.

 

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