Tesla and Solar d, a Thai solar panel provider, have joined forces to introduce the Powerwall, a home battery storage unit, to Thailand. The companies hinted at the Powerwall’s arrival in the country last year, and now it is finally available to customers. The starting price for the Tesla Powerwall in Thailand is 699,000 baht ($20,574.86), which is significantly higher than the $9,200 price tag in the United States, particularly in New Jersey.
Customers can choose from various packages offered by Tesla and Solar d, including Lite, Smart, Premium, Prime, Elegant, and Ultimate. The optimal package is recommended based on the customer’s roof size, power bill, and desired “self-sufficiency” level. The Solar Package, which includes solar panel installation, is one such option.
Last year, Thailand introduced a regulation to support renewable energy growth and use in the country. The Feed-in tariff (FIT) scheme guarantees above-market prices for producers and is a policy that supports renewable energy source development. The Energy Regulatory Commission of Thailand has implemented a regulation that provides a 25-year FIT of THB 2,1679 ($638.37) per kWh for solar and a 25-year FIT of THB 2,8331 ($834.25) per kWh for solar plus storage. Tesla Energy’s products are an excellent fit for the FIT scheme.
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The Tesla Powerwall provides a cost-effective solution for storing energy and powering homes in Thailand. The FIT scheme makes it more affordable and accessible for Thai residents to adopt renewable energy sources, such as solar power, while also promoting energy independence. This partnership between Tesla and Solar d will undoubtedly have a positive impact on the Thai energy sector and could potentially spark further investments in renewable energy.
