GH Bank Launches 45 Billion Baht Solar Loan Scheme
The Government Housing Bank (GH Bank) has introduced a new 45 billion baht loan program to support residential solar energy installations with a fixed interest rate of 2.50% per year.
According to a report by Thai Post on October 28, 2026, the Government Housing Bank (GH Bank) has announced a significant financial initiative aimed at promoting solar energy adoption among the public. The bank has allocated a total budget of 45 billion baht to provide loans for residential solar power projects.
Key features of this scheme include a fixed interest rate of 2.50% per annum. The bank is promoting the affordability of the program, highlighting that monthly installments can be as low as 1,200 baht. This initiative is designed to lower the barrier to entry for homeowners looking to transition to renewable energy sources.
For residents in Thailand, this program may offer a viable pathway to reduce long-term electricity costs through sustainable home improvements. However, those interested should note that specific eligibility criteria, application deadlines, and the technical requirements for the solar installations have not been fully detailed in the initial announcement. Prospective applicants are advised to contact GH Bank directly or visit their official branches to confirm the specific terms and conditions, as well as the documentation required to participate in this loan scheme.