Thailand boosts solar target by 50% to 3,000 megawatts | Bangkok Post: business

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Thailand boosts solar target by 50%

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Thailand will build 3,000 megawatts of solar power capacity by 2021, 50% more than previously announced, after approving new subsidised rates for rooftop and village-based projects. 

The government will work with the Village Fund, a state-run microcredit provider, to develop 800 megawatts of community-owned photovoltaic plants by the end of 2014, the Ministry of Energy said in a July 16 statement.

In addition, 200 megawatts of rooftop installations built by the end of the year will be eligible for the special rates, it said. Half must be built on residential homes.

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