Privately generated solar power to be purchased by state-run power authorities in Thailand

How are we doing Australia?
2 state-run power authorities in Thailand have called for applications from commercial and residential premises in Thailand who have or are planning to install solar power. The authorities are looking to buy a total of 200 megawatts of electricity from Bangkok and the provinces and will guarantee a feed-in tariff of 6.96 baht per kilowatt (equivalent to approx. 24c AUD) for residents with capacity of 1-10 kilowatts, 6.55 baht (22c AUD) for 10-250 kilowatts for small buildings and 6.19 (21c AUD) baht for 250-1,000 kilowatts for medium and large buildings or factories. All higher than the current cost to buy electricity in Thailand (less than 5 baht or 17c AUD per kW). All contracts will valid for 25 years. Solar installations cost approximately $2000AUD/kW and will have to be installed and licensed to sell to the authorities by 31 December 2013. Not only does this increase production where traditional electricity generation is struggling but it is a big boost to the uptake of renewables!
Reference Bangkok Post

Written by

Leah Hudson is a Director of DynSol Pty Ltd and has many years of experience in solar power