Floating solar reaches new territories

Published onMarch 7, 2019

Although located at different latitudes and on different continents, Cambodia and Lithuania now share the distinction of joining the list of nations that have embraced reservoir-based floating PV. Singapore-based renewables company Cleantech Solar has announced the completion of a 9.8 MW solar installation that includes 2.8 MW of floating PV and will power Cambodian cement manufacturer Chip Mong Insee Cement Corporation (CMIC). The solar facility, Cleantech said, includes a 7 MW rooftop with the floating section on CMIC’s water reservoir. The project was designed and financed by Cleantech and will sell power to the cement provider under undisclosed terms. “The plant will help CMIC reduce operating costs without having to make [a] capital investment, nor having to take the performance risk of [a] solar system,” the developer said. “In addition, the deployment of the floating solar system will shield the reservoir from wind and the direct, hot midday sun, which is expected to reduce water loss through evaporation, contributing to CMIC’s water conservation efforts.”

Source: https://www.pv-magazine.com/2019/02/26/floating-solar-reaches-new-territories/