# Thailand's $1.5b Solar Subsidy for 1 Million Households

> Thailand offers up to $1.5 billion in solar subsidies to help one million households install panels, aiming for 51% renewable energy by 2037.
- Title: Thailand's $1.5b Solar Subsidy for 1 Million Households
- Summary: Thailand offers up to $1.5 billion in solar subsidies to help one million households install panels, aiming for 51% renewable energy by 2037. Thailand plans…
- Keywords: thailand, solar, renewable energy, subsidy, households, renewable energy targets, electricity, news, world, Thailand's, Million, Malay Mail
- Source: Malay Mail — https://malaymail.com/news/money/2026/10/26/thailand-plans-us15b-solar-subsidy-to-help-one-million-households/240694
- Published: 2026-10-26T18:47:05+00:00
- Read time: 1 min
- Topics: thailand, solar, renewable energy, subsidy, households, renewable energy targets, electricity, news, world
## Thailand's Solar Subsidy Plan
Thailand plans to offer subsidies worth up to US$1.5 billion to help one million households install solar panels.
## Subsidy Details
The government will cover up to US$1,500 per household for installation costs, plus low-interest loans and tax benefits.
## Finance Minister's Statement
Finance Minister Ekniti Nitithanprapas said Thailand imports a lot of energy and this is not a sustainable solution.
## Cabinet Approval Timeline
The subsidy plan is expected to be approved at a cabinet meeting on Tuesday with applications opening soon after.
## Funding Source
The program will be funded from a 400-billion-baht emergency borrowing package to cushion economic impacts of the Middle East war.
## Current Energy Mix
Thailand currently gets 60% of electricity from natural gas and 11% from renewables, with most gas coming from Myanmar.
## 2037 Renewable Target
Thailand aims to have 51% of domestic electricity generated from renewable sources by 2037.
## Key takeaway

Thailand plans a $1.5 billion solar subsidy for one million households to boost renewable energy and reduce fossil fuel imports.