Sunseap

Indonesia is a coal-dependent country in which conventional power grids are problematic. The archipelagic nation is turning to floating PV (FPV) to help accelerate its energy transition. Sorta Caroline takes a look at the state of play for water-borne solar and the problems that still need to be overcome.

Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighboring Indonesia.

The operation is part of the Portuguese utility’s plan to deploy another 13 GW of renewable energy capacity by 2025.

The city state is aiming to install panels on more than 1,200 public housing blocks of flats under the fourth phase of its national rooftop solar initiative.

Facebook has revealed plans to buy electricity from a 5 MW floating solar array in the Straits of Johor. The project will sell power through a virtual power purchase agreement.

The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.

The latest PV finance report released by Mercom Capital had solar investment falling almost entirely across the board with the number of new solar funds launched in the last three months offering a rare piece of good news.

At the end of Vietnam’s solar gold rush, the Chinese power electronics maker can look back on a positive result. With the last glut of project announcements issued, Sunseap said it had finished a 168 MW installation featuring Longi’s Hi-Mo 1 modules.

In pursuit of its ambitious 2025 solar goal of 20 GW of installed capacity, Taiwan continues to be an attractive market for foreign companies and investors.

The Dutch banking group will serve as sole mandated lead arranger for the S$50 million ($36.98 million) loan. A unit of Singapore-based developer Sunseap will use the funds to build a 50 MW portfolio of rooftop PV projects.