Economy
Thai Department of Fisheries Launches Solar Energy Subsidy for Shrimp Farmers
The Department of Fisheries is offering a 50% subsidy, capped at 50,000 baht, to help shrimp farmers install solar energy systems and high-efficiency motors.
According to a report by Prachachat Business, the Thai Department of Fisheries has initiated a new program aimed at reducing production costs for marine shrimp farmers. The initiative encourages the adoption of solar energy systems and high-efficiency motors to lower electricity expenses, which are a significant operational burden in the aquaculture sector.
The government is offering a subsidy covering 50% of the total investment cost, with a maximum limit of 50,000 baht per participant. The program targets 1,000 farmers across 36 provinces. By transitioning to renewable energy, the department expects to see a reduction in the cost of electricity per unit of production.
For residents and those involved in the local agricultural supply chain, this move signifies a broader push toward sustainable farming practices in Thailand. While the program aims to stabilize production costs, it remains to be confirmed how quickly the adoption of these technologies will impact market prices for shrimp or the overall environmental footprint of the industry. Interested farmers are encouraged to monitor official announcements from the Department of Fisheries for specific application criteria and timelines.