Can FITS support solar PV projects in Thailand?

Box 8 provides an example of FiTs in Thailand for both rooftop and utility-scale solar PV projects. FiTs played a critical role in stimulating the early growth of solar PV energy, especially in Europe and Japan, and remain a widespread tool to support PV projects in many markets.

How do governments support solar PV development?

Loans with low interest rates and other concessionary terms, such as extended tenors or risk sharing, have also been deployed by governments to support solar PV development.

What is a solar photovoltaic (PV) project?

This project aims to enable high penetration of secure, cost-effective solar photovoltaic (PV) power in the electricity grid, by analysing technical requirements for PV and power systems. As a result, the project hopes to reduce the technical barriers to achieving higher penetration levels of distributed renewable systems.

Why is solar PV project development so important?

As opportunities for solar PV project development have increased, the number of qualified installers has commensurately expanded. Compared to the EPC process used for other forms of power generation, solar is relatively straightforward and local construction companies have been able to build capacity quickly.

How to improve the performance of a solar PV power plant?

The performance of a solar PV power plant can be optimised by reducing the system losses. Reducing the total loss increases the annual energy yield and hence the revenue, though in some cases it may increase the cost of the plant. In addition, efforts to reduce one type of loss may conflict with efforts to reduce losses of a different type.

Should solar PV projects be aligned with the PPA?

should be aligned with the PPA. Solar PV power plant projects generate revenue by selling power. How power is sold to the end users or an intermediary depends mainly on the power sector structure (vertically integrated or deregulated) and the regulatory framework that governs PV projects.