Suradech Calls for Removal of Financial Barriers to Aid SMEs in Solar Power Projects

Bangkok:Government policies currently restrict small and medium-sized enterprises (SMEs) and startups from participating in public solar power projects, according to Suradech Yasawat, an independent politician and former senator. He has urged the government to eliminate financial and collateral restrictions to enable greater involvement from these businesses.

According to Thai News Agency, Suradech emphasized the need for a more inclusive approach to the community solar power project, which has garnered public interest due to its offer to buy excess electricity from solar cells at 2.20 baht per unit over 10 to 20 years. However, stringent eligibility criteria and high guarantee requirements act as barriers for SMEs with limited capital. Additionally, complex regulations and lengthy processes further hinder their participation.

Suradech proposed that the government focus on opening opportunities for SMEs, small businesses, and startups to engage more actively in the solar energy market. This would help distribute income more evenly, stimulate local business growth, and foster fair competition. He pointed out that current project structures favor large energy companies, leaving smaller entities at a disadvantage.

To address concerns about the capabilities of small companies, Suradech suggested that the government set clear qualifications for participation, ensuring companies are credible and technically competent. He also recommended government support in areas where smaller companies face limitations, drawing parallels to the successful "Thai Helps Thai Plus" project.

The proposal includes the implementation of a contract guarantee system and stringent quality control measures, alongside government-provided guidance to ensure the projects meet international standards. This would protect consumers and support the sustainable growth of Thai SMEs in the solar power sector.

Suradech highlighted the potential benefits of removing financial barriers, such as providing low-interest loans, improving permitting processes, and allowing tax deductions for SMEs. He called on the government to prioritize transparency, equality, and fairness, adjusting current criteria to make the solar power project accessible to all sectors of the population.