Price: $ 1295
BMI View: We have revised up our 2013 forecasts for non-hydropower renewable energy in Thailand this quarter due to stronger growth prospects for residential solar power. Combined with renewable energy targets from the government, these conducive conditions for residential solar power have also led us to revise up our medium- to long-term forecasts. That said, we believe that the government is still overly bullish in its target and forecasts, particularly for biomass and biogas energy. We have revised up our 2013 forecasts for non-hydropower renewable energy in Thailand this quarter, following our earlier revision in May. The revision this quarter is attributed to stronger growth prospects for residential solar power, whereas our upward revision in May was based on the pipeline of commercial-scale ...
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