NEWS

NEWS

The Potential Market for Rooftop Photovoltaic in Thailand has Exceeded 100 Billion Baht!

The Potential Market for Rooftop Photovoltaic in Thailand has Exceeded 100 Billion Baht!

Apr 29,2022.

According to "Thailand China Daily" report on April 17, home improvement rooftop photovoltaic power generation is becoming the standard for Thai real estate developers to develop low-rise housing projects in the future. Thanks to the reduction in the cost price of power generation panels and related equipment and the government's increase in the price of grid-connected power purchases, the current investment and cost recovery period has been shortened to 5 years, And the monthly electricity bill can be saved by more than 3,000 baht. At present, the overall cost of investment and installation of home-built rooftop photovoltaic power generation installations in Thailand has dropped by at least 66% compared with 6 years ago. The current price of a set of equipment with a power generation capacity of 3.2 kilowatts is 169,000 baht, or about 32,000 RMB.


The development prospects of the home-installed solar power generation market in Thailand are very broad. It is currently estimated that at least 2.3 million households in Thailand are eligible for home-installed solar power generation installations. If 20% of them choose to install this equipment, it means a huge service market worth 137 billion baht.


It is reported that major real estate developers in Thailand have made home improvement rooftop solar power generation a standard configuration for current or future low-rise residential projects. Especially in the high oil price environment and Thailand has abundant sunshine resources, the cost of key equipment such as photovoltaic panels will be reduced, and more and more families will choose home-furnished power generation equipment. UISOLAR has a variety of photovoltaic roof mounting solutions to meet the needs of the local market.


Leave a message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.