Investment in solar power surpassed those made in wind in the country. The Philippines and Pakistan experienced a decrease of about 50 per cent in new investment in renewable energy in 2016, as compared to 2015.6S In Thailand, investment in solar power increased slightly, helping the country keep a top spot in terms of investment among developing countries in the region (Frankfurt School/FS-UNEP Collaborating Centre, 2017). Although renewables still hold a relatively small share of installed capacity, the dominant role of renewables in new capacity additions is evident. Despite the recent decline in investment figures, felling capital costs resulting from more capacity being installed per dollar spent resulted in a record high installation in 2016.