Thailand's rooftop solar market poised for growth. (Photo: iStock )
Amid falling solar panel costs, recent regulatory easing, and shifting trade flows due to U.S. tariffs, Thailand’s rooftop solar market is drawing heightened expectations. Industry players anticipate a surge in demand, with Thai and multinational companies gearing up for increased activity, intensifying local competition.
Policy reforms to boost rooftop solar capacity
This year, the Thai government amended the Factory Act to significantly lower the barrier for rooftop solar adoption. Under the revision, businesses installing systems exceeding 1MW in capacity are no longer required to obtain a factory license.
