Thailand ignites solar power investment in region
Plunge in solar-component costs and subsidised tariffs have also helped feed the country's solar boom
Bangkok
COME December, Thailand will have more solar power capacity than all of South-east Asia combined as record sums of money is poured into the sector in the hopes of nurturing a new energy source to help drive the region's second-biggest economy.
Thailand has been shifting away from natural gas as once-plentiful reserves are expected to run out within a decade, forcing it to rely on imported fuel more than any other country in the region except Singapore. A plunge in solar-component costs and subsidised tariffs have also helped feed the country's solar boom.
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