The law firm’s non-public newsletter “Seven Opportunities” explains attractive investment opportunities for foreign companies. #seven
Solar energy projects in Thailand – how to clever participate in Thailand’s second solar gold rush
With respect to solar energy, Thailand has it all: A complete legal and regulatory framework including the Power Development Plan 2015 – 2036, an energy-hungry economy and high radiation values which enable ground-based solar farms and rooftop photovoltaic as a highly attractive source of renewable energy.
Although Thailand’s solar industry generates for certain participants an enormous cash-flow and fabulous wealth, foreign developers, EPC-companies, JV-partner and financiers have a great chance to chose projects which are not feasible, which generate low profits, which are emergency-sold by local market players because of hidden problems and risks or which are simply illegal under the laws of Thailand. For foreign market players, it is therefore essential to efficiently separate the gold nuggets from fool’s gold.
Support and legal assistance to foreign solar companies, investors, and financial institutes
PUGNATORIUS Ltd. is not one of the few specialized energy law firms with a long track record of solar energy developments. Instead, the firm is a niche practice, “fit for purpose” to vigorously advise foreign investors interested in renewable energy investments in Thailand. The law firm assists in identifying the most promising and profitable opportunities and discloses hidden risks and unknown hurdles. Typical assignments include the following four types:
- Up-to-date information about the legal and regulatory framework of Thailand’s solar energy markets. Independent advice on risks and opportunities.
- Support and assistance in the acquisition of existing solar farms and solar rooftop facilities, including a comprehensive property, corporate, and solar energy due diligence examination.
- Development of new solar energy projects including the application for power purchase agreements and electricity production licenses.
- Support and assistance in the participation in government tender procedures for new solar energy ventures.
As a law firm, PUGNATORIUS Ltd. does not act as a broker or agent to link foreign corporations for a success fee with project owners or government agencies. The firm does not act as a marketing agent for solar panels or similar products.
PUGNATORIUS can guide your solar power project through the red-tape requirements, legal hurdles and industry practice in Thailand. Solar lessons you do not want to learn the hard way.
Sophisticated solutions in a complex legal environment. Serious legal and tax advice in the land of smile. Protect your solar venture in paradise.
Power purchase agreement, adder, premium feed-in-tariff, solar energy map, zero grid feed, net metering, Energy Regulatory Commission of Thailand, KIC 8462852, lucky draw, solar irradiation, power development plan pdp, egat, mea, pea, vspp, ministry of energy, solar energy map, renewable energy adder program, Electricity Generating Authority of Thailand, Independent Power Producers (IPPs), Small Power Producers (SPPs), and Very Small Power Producers (VSPPs), Metropolitan Electricity Authority (MEA – in Bangkok, Nonthaburi, Samut Prakan), Provincial Electricity Authority (PEA – Upcountry), Renewable Energy Adder Program (REAP).