MARKET INFO THAILAND – PHOTOVOLTAICS

Source: TPVA (2012)
PHOTOVOLTAIC MARKET INDICATORS
Indicators
Market size
(annual
installed
capacity)
National PV
target
Main market
drivers 2014
Recent
changes in PV
regulation
2013: 691 MW 2014e: 50 MW 2015e: 700 MW
Alternative Energy Development Plan (AEDP 2012 - 2021): 2,000 MW of installed PV capacity by 2021, half of this
capacity should be smaller sized systems like PV rooftop systems for households, apartment buildings, industrial
installations and public buildings. By the end of 2014 an additional 1,000 MW of PV capacity is going to be implemented
within a new FIT programme.
In 2013 the Asian Development Bank (ADB) started two new credit lines to co-finance and support the development of
ground-mounted PV power plants. 1,000 MW of PV capacity are supposed to be added by the end of 2014. Market driver
will be the FIT scheme from July 2013 (see next slide).
• November 2014: The dissolution of the Thai government in early 2014 has halted residential rooftop solar
installations. PV installers are waiting for regulations concerning selling energy to the grid and residential rooftop
permits. Most recent data from July 2014 suggests that little more than 50 MW of rooftop solar PV applications have
been approved so far due to the lack of permitting. In total, there are more than 6,000 residential PV applications
awaiting approval.
• July 2013: to support the PV market, the Thai Government has improved the policy framework as well as the
investment incentives within the scope of the new FIT in 2013.
• May 2013: The DoE revoked at the end of May approx. 500 MW of approved PV licenses and 700 MW of PV capacity
will follow soon.
• If all the PV licenses are revoked, the DoE will open the new FIT programme for new PV applications in 2013.
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