Thailand Solar Energy Market: Growing Demand and Investment in Renewable Energy
Rising demand for solar power and increasing investment in renewable energy are likely to propel the Thailand solar energy market in the upcoming years. According to TechSci Research report, “ Thailand Solar Energy Market - By Region, Competition, Forecast and Opportunities, 2028” . The Thailand solar energy market is expected to rise in the upcoming years owing to rising solar energy demand, reduce dependence on fossil fuels & coals, and rising investment in the renewable energy sector among others. The growth of the Thailand solar energy market is majorly driven by an increase in energy demand due to an increase in population. For instance, in 2023, the total population of Thailand is around 71,801,279 which is a 0.15% increase from 2022, when the country had around 71,697,030 population in 2022. Additionally, in addition, the rise of the need for sustainable energy sources has been witnessed across the country, coupled with encouraging government policies that have boosted...