Ciel&Terre and SCG have signed a memorandum of understanding to develop floating PV systems on hydroelectric dams in Thailand. Harold Meurisse, executive director of Sky & Earth Thailand, recently told the Bangkok Post that Thailand has always been a promising market. “This is a country where the solar industry is in demand for cost competitiveness without compromising the safety and quality of photovoltaic installations,” he said. “As a result, establishing a partnership with SCG has become natural, bringing together the best polymer and floating solar energy experts to seize the major opportunity of hybridization of the floating solar system and hydroelectric dams.” Thailand aims to develop its capacity for floating PV installations, particularly on dams. According to Bloomberg, the country plans to install nearly 2.7 GW of solar capacity on nine dams by 2037.