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ultisolar

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  1. The Thai Solar Thermal Industry Outlook

    Solar Thermal applications in Thailand is currently limited to water heating

    application in the residential sector while the large market potential in the commercial

    and the industrial sector remains untapped. Presently there are approximately 15 to

    20 active Solar Thermal (ST) companies in the market, however, only few companies

    have intensive experience and are capable of providing design and installation for

    large solar systems. The outlook of the Thai solar thermal market over the past recent

    years has been positive due to the recent fuel price escalation. It was estimated that

    the sales of solar water heater was around 6,800 m2

    in 2005 and 8,500 m2

    in 2006.

    The key local industry players estimate an average market growth of about 10% per

    year.

    The market is there but there is no big company that can operate this market and provide this service.

    We hope we can rich this market and let most of the people enjoy the sun.

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