Tesla has entered into a partnership with Solar d in Thailand.
It comes as the company aims to bring the country the Powerwall, a home battery storage unit.
It has been reported that the Tesla Powerwall starts at 699,000 baht ($20,574.86).
According to Solar d, the Tesla Powerwall consists of different packages, including a Solar Package with solar panel installation. The packages include Lite, Smart, Premium, Prime, Elegant, and Ultimate.
The company informed that optimal packages will be provided to customers based on their roof size, their power bill, and the preferred self-sufficiency level.
The latest development comes as Thailand passed a new regulation last year to support the growth and use of renewable energy sources. This regulation also launched Thailand’s Feed-in tariff (FIT) scheme to enhance the development of renewable energy sources.
As per the Energy Regulatory Commission of Thailand, “the regulation would introduce a 25-year FIT of THB 2,1679 ($638.37) per kWh for solar and a 25-year FIT of THB 2,8331 ($834.25) per kWh for solar plus storage,” a local report mentioned.