{"id":71561,"date":"2026-09-09T00:08:13","date_gmt":"2026-09-09T04:08:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/thailand-accelerates-solar-transition-china-issues-50-year-bonds\/71561\/"},"modified":"2026-09-09T00:08:13","modified_gmt":"2026-09-09T04:08:13","slug":"thailand-accelerates-solar-transition-china-issues-50-year-bonds","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/thailand-accelerates-solar-transition-china-issues-50-year-bonds\/71561\/","title":{"rendered":"Thailand Accelerates Solar Transition; China Issues 50-Year Bonds"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Thailand is launching a 50-billion-baht rooftop solar scheme<\/strong> targeting up to 1 million households, with subsidies of up to <strong>30,000\u201350,000 baht<\/strong> per home starting in mid-October.<\/li>\n<li><strong>China reissued 35 billion yuan ($4.9 billion) in 50-year ultra-long special treasury bonds<\/strong> at a yield of <strong>2.2778%<\/strong>, aiming to fund long-term national strategic projects.<\/li>\n<li><strong>BHP Group (<a href=\"\/stock\/BHP\">BHP<\/a>) confirmed a new Rio Doce reparations deal<\/strong> involving over <strong>R$1.2 billion<\/strong> in additional payments following the 2015 Fund\u00e3o dam failure.<\/li>\n<li><strong>South Korean President Lee Jae-myung was conferred France&#39;s highest decoration<\/strong>, the Grand Cross of the Legion of Honor, during a state visit to strengthen bilateral defense and tech ties.<\/li>\n<li><strong>Indian refiner MRPL is shifting production from jet fuel to diesel<\/strong> to meet surging local demand, reflecting a broader trend of tightening global diesel supplies.<\/li>\n<\/ul>\n<h2>Thailand\u2019s Massive Solar Push<\/h2>\n<p>The Thai Finance Ministry has finalized plans to allocate approximately <strong>50 billion to 60 billion baht<\/strong> for a nationwide rooftop solar program. Finance Minister Ekniti Nitithanprapas announced that the initiative will launch in <strong>mid-October 2026<\/strong>, providing grants of <strong>30,000 to 50,000 baht<\/strong> per household to offset installation costs. The government aims to support between <strong>500,000 and 1 million homes<\/strong>, specifically targeting those with monthly electricity bills exceeding <strong>3,000 baht<\/strong>.<\/p>\n<p>To further incentivize the transition, Thailand will <strong>exempt certain solar panel imports from taxes<\/strong>. This move is part of a broader strategy to reach <strong>39 GW of solar capacity by 2037<\/strong>. Additionally, the government has introduced a <strong>200,000-baht personal income tax deduction<\/strong> for residential solar installations, valid through 2028, and a net billing scheme allowing households to sell surplus power back to the grid at <strong>2.20 THB\/kWh<\/strong>.<\/p>\n<h2>China Taps Long-Term Debt Markets<\/h2>\n<p>China\u2019s Ministry of Finance successfully reissued <strong>35 billion yuan ($4.92 billion)<\/strong> of 50-year ultra-long special treasury bonds on Wednesday. Traders reported the bonds were sold at a <strong>2.2778% yield<\/strong>, significantly lower than the <strong>2.52% coupon rate<\/strong> of the original tranche. The issuance is part of a <strong>1.3 trillion yuan<\/strong> program for 2026 intended to provide &quot;patient capital&quot; for critical infrastructure, energy security, and high-tech manufacturing.<\/p>\n<h2>BHP and Rio Doce Reparations<\/h2>\n<p>BHP Group (<a href=\"\/stock\/BHP\">BHP<\/a>) announced that a definitive settlement regarding the <strong>Rio Doce dam disaster<\/strong> has reached a new milestone. The company stated that the latest agreement brings over <strong>R$1.2 billion (approx. $215 million)<\/strong> in additional reparations. This adds to the <strong>US$31.7 billion<\/strong> total financial package agreed upon by Samarco and its shareholders, BHP and Vale S.A. (<a href=\"\/stock\/VALE\">VALE<\/a>), to address the environmental and social impacts in the Minas Gerais region.<\/p>\n<h2>Global Energy and Diplomacy<\/h2>\n<p>In the energy sector, an executive from Mangalore Refinery and Petrochemicals Limited (MRPL) noted that <strong>rising local diesel demand<\/strong> is prompting Indian refiners to pivot production away from jet fuel. This shift comes as global diesel prices surge due to tight supplies and geopolitical tensions in the Middle East.<\/p>\n<p>On the diplomatic front, South Korean President <strong>Lee Jae-myung<\/strong> concluded a state visit to France, where he was awarded the <strong>Grand Cross of the Legion of Honor<\/strong>. The visit resulted in the signing of <strong>16 cooperation documents<\/strong>, including a strategic &quot;Global Strategic Partnership&quot; focusing on <strong>AI, aerospace, and defense industry<\/strong> collaboration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Thailand is launching a 50-billion-baht rooftop solar scheme targeting up to 1 million households, with subsidies of up 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