Thailand: Agriculture ministry to give one million farms in Thailand solar panels

Date: 2022.04.11

Thailand’s agriculture ministry plans to install solar panels on at least one million of Thailand’s farms in a new pilot project aiming to reduce farms’ electricity bills by 20-30% in 15-20 years. The ministry plans to issue a non-fungible token named “Solar Panels NFT for Thai Farmers” worth around 697 billion baht to legally trade with international investors in Singapore.

The ministry’s deputy minister told reporters money raised from the cryptocurrency will be used to buy high-quality solar panels, and give them to farmers. In addition to helping reduce farms’ electricity bills, the project will also help reduce Thailand’s greenhouse emissions. The project might even expand across Thailand’s homes and businesses.

Some solar farms have already taken off in Thailand. One ‘floating farm‘ in Ubon Ratchathani, a northeastern province, started generating power in November. Solar panels cover 720,000 square meters of water surface, and use a hybrid system that converts sunlight to electricity by day and generates hydropower at night. The project includes a ‘Nature Walkway’ shaped like a sun ray.

Read more here.

Comment

You may also like

2020.02.27
118
ABSTRACT In 2012, the Japanese government launched a new program, under which those who generate electric power from natural energy sources, such as sunlight, are given the privilege to sell it to major electric power companies at favorable prices fixed by the government. This program, known as...
2021.07.12
109
ABSTRACT In the aftermath of the Fukushima Daiichi nuclear disaster, which occurred in March 2011. Radioactive materials spread from the power plant continue to remain in the farmlands of Fukushima. Consequently, consumers are reluctant to purchase agricultural products from Fukushima, causing...
2014.11.04
4,082
Yoshihisa Godo Professor, Meiji Gakuin University, Japan   Rice is the staple food in Japan.  Thus, the Japanese government is paying special attention to rice contamination by cesium after the Fukushima nuclear power plant accident of March 2011.  This article aims to...