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This energy crisis could make Thailand richer
But first, the government must take the brakes off clean energy.
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Thailand's imports of solar panels from China have grown, hitting 4.4 gigawatts in the 12 months through February.
PHOTO: PEERAPON BOONYAKIAT
David Fickling
Modern Thailand was forged in crisis.
The oil shocks of the 1970s led to filling-station closures, mandated blackouts, and the resignation of the prime minister. Almost simultaneously, the discovery of offshore gas fields laid the foundation of the 1980s and 1990s boom, when Thailand was considered one of the fastest-growing economies.
