Photo by Pixabay: https://www.pexels.com/photo/closeup-shot-of-solor-panel-159243/

Floating solar plays vital role in SEA’s energy transition

The region has around 500 MW of FPV projects in operation.

Floating solar photovoltaics (FPV) is crucial in boosting the renewables capacity in Southeast Asia, with the Philippines, Indonesia and Thailand poised to lead the sector’s growth.

In a statement, Rystad Energy said there are around 500 megawatts (MW) of operational FPV projects in the region, with around 300 MW expected to come online in 2023. 

It added that the 145 MW-alternating-current Cirata FPV project in Indonesia, the largest project in the region, is amongst the top 10 floating solar projects by size, with nine others located in China.

ALSO READ: Cirata floating solar plant powers over 50,000 homes in Indonesia

“FPVs have emerged as a game-changer for Southeast Asia, catalyzing the region’s push towards clean energy by maximizing its abundant solar resources and overcoming limited land availability. Their modular design allows for integration with existing hydropower dams and unlocks tremendous opportunities for hydropower-rich nations like Laos, Thailand and Indonesia,” said Jun Yee Chew, head of Asia renewables and power research, at Rystad Energy.

“Additionally, with land rights a major deterrent facing solar developers in Southeast Asia, as much of the land is used for agriculture, FPVs provide a solution for the coexistence of solar farms and agriculture,” he added.

Rystad Energy added that the challenge of addressing land rights and the scarcity of suitable sites for solar farms make FPVs the “viable option.”

 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!