Interior Ministry proposes 75 billion baht loan for rooftop solar on 1.5 million households
The Ministry of Interior submitted its household rooftop solar installation programme for consideration by the committee vetting spending under the emergency loan decree yesterday, September 11, with Lavaron Sangsnit, permanent secretary of the Ministry of Finance, chairing the committee. Deputy Interior Minister Phonphir Souvannachavi said the programme will provide a subsidy of 50,000 baht per household for rooftop solar installation, covering 1.5 million households, up from an initial target of 1 million households, and is expected to use a credit line of up to 75 billion baht. On power purchases, no more than 5 kilowatts per household will be bought, after the electricity authority completes the switch to smart meters and two-way grid connections. Phonphir insisted the programme will involve no collusion or locking of specifications to favour any company, since it must go through the systems of the Provincial Electricity Authority and the Metropolitan Electricity Authority. Currently more than 2,300 companies are listed as certified installation specialists, and the electricity authority can handle roughly 300,000 to 400,000 rooftops itself, with private companies brought in to help install the rest.
SKYX Signs Merger With Deako to Combine Smart Home Platforms
SKYX Platforms has signed a merger agreement with American smart lighting maker Deako, aiming to lead the AI smart home, builder, and hotel markets. As consideration, SKYX will issue common stock equal to 18.46% of the company, totaling 25 million shares subject to up to a 2-year lockup/leak-out agreement with a Rule 10b5-1 trading plan. SKYX will also pay Deako's lender $4 million by closing and issue a note of $8.5 million, with $2.25 million paid in Q-1 2027 and the remaining $6.25 million in Q-4 2027. Post merger, current SKYX shareholders will own 84.4% of the company, while Deako's shareholders and lender collectively will own 15.6%. SKYX shares rose 5% to $1.47.
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AMR Partners with GCC to Drive Low-Carbon Society with FMS
AMR Asia has signed a memorandum of understanding with GCC to jointly drive toward a low-carbon society. AMR will implement its Facility Management System (FMS) to efficiently manage smart buildings, covering office buildings, commercial buildings, hotels, factories, and shopping malls. The FMS integrates data from various building systems, such as air conditioning, electricity, lighting, and utilities, to analyze and manage energy usage in real time, helping to reduce energy consumption and operational costs. This collaboration marks a significant step in leveraging technology for energy conservation and environmental protection, supporting buildings in using resources efficiently, reducing greenhouse gas emissions, and concretely pushing the business sector toward a low-carbon society.
