Within 2 years of setting the long term target of 33% of electricity generation from renewables, Thailand is already reviewing whether this target can be increased. With the 2015 -2036 Power Development Plan target of 33% already halfway to being fulfilled, the review may further increase the target to up to 40%. Whilst much of the current renewable portfolio is solar, Biomass is identified as a key source of energy under the 2015 Power Development Plan; and the additional possibility of revised FIT’s make this an upcoming likely opportunity for investment, according to industry leaders in Thailand. DP CleanTech (Thailand) is well positioned to work with investors to take advantage of the opportunities with technology which is proven to be the most efficient, reliable and specifically adapted for complex, tropical biomass fuel types.
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