Thailand’s booming solar industry is fueled by cheap Chinese technology and massive projects like a floating solar farm in the northeastern part of the country, which is one of the world’s largest.
The floating solar farm on Sirindhorn Dam in northeastern Thailand is one of the largest in the world, generating enough electricity to power 36,000 households annually. Managed by Tanom Mungfia, the plant features 144,420 solar panels across seven islands and is designed for low maintenance, with rain cleaning the panels and reducing water loss from the dam.
Thailand offers tax incentives to promote solar power and has carried out widespread adoption of solar technology, including streetlights and water pumps for farmers. However, the industry faces challenges from US tariffs on Chinese imports, impacting local producers like PPM Solar. To stay competitive, PPM Solar is building a local supply chain and seeking Thai partners, while the country aims to double its solar capacity by 2035 and achieve carbon neutrality by 2050.