Floating solar power plants making waves across Asia-Pacific

Published onJuly 15, 2020

Floating solar power plants are expected to generate around 900% more electricity across the Asia-Pacific region. That’s according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA), which suggests countries in Asia leads European nations in deploying floating solar farms. It adds floating solar installations have shown they can withstand typhoons, powerful waves and winds gusting up to 170 kilometres an hour, with such projects now being tested by manufacturers. While the first floating solar plant was installed in Japan in 2007, China is currently the largest player on the market. The two countries had a combined installed capacity of 1.3 GW at the end of 2018 while Vietnam has installed around 47 MW of capacity. The IEEFA adds India’s largest power generation firm, National Thermal Power Corporation (NTPC), confirmed it has 200 MW of floating solar projects under development across four sites, making it one of the world’s largest developers.

Source: https://www.energylivenews.com/2020/07/13/floating-solar-power-plants-making-waves-across-asia-pacific/