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Floating photovoltaic system"popular" in Southeast Asia Feb 03

Floating photovoltaic system"popular" in Southeast Asia

The Institute of Energy Economics and Financial Analysis (IEEFA) recently released the latest report stating that floating photovoltaics system are now quietly becoming popular in Southeast Asia, and the installed capacity of projects has grown very rapidly.

According to the report, before 2019, the total installed capacity of floating photovoltaic project in the entire ASEAN was only 1 MW; at present, the total installed capacity of floating photovoltaic system in the region has reached 51 MW, and there are still 858 MW. The project is being planned.

The report points out that, in fact, the entire Asia is in the forefront of the world in the field of floating photovoltaics. Data shows that as of 2018, the installed capacity of floating photovoltaics projecst in China and Japan alone has reached 1.3 GW. Although there were few floating photovoltaic projects in Southeast Asia before, in the past year, they began to actively participate in the development of floating photovoltaic. More and more ASEAN countries are building floating photovoltaic projects in rivers, lakes, reservoirs, and even offshore.

"Facts have proved that floating photovoltaic projects can withstand the intervention of harsh natural conditions such as strong winds and large waves. Moreover, the cost of floating photovoltaic power generation can already compete with coal power." One of the authors of the IEEFA report Elrika Hamdi said, "At present, Many equipment manufacturers have also begun pilot projects to build offshore floating photovoltaic projects. The natural geographical conditions and population distribution of ASEAN countries mean that floating photovoltaics will have a lot of room for development in the region."

According to the report’s statistics, in February last year, CleantechSolar of Singapore completed a 2.8 MW floating photovoltaic project; in July of the same year, Singapore’s national water company PUB bid for another 50 MW floating photovoltaic project. It will be completed in 2021. Another Thai company EGAT also invited bids for a 55.5 MW floating photovoltaic project in June last year, and planned another 24 MW project at the same time. Vietnam DHD also invested in a floating photovoltaic project with an installed capacity of 47.5 MW last year. In addition, Indonesian state-owned company PLN signed a 145 MW floating photovoltaic project construction contract with UAE company Masdar at the beginning of this year.

Another author of the report, Jane Ahmed, pointed out that in Southeast Asian countries such as the Philippines, Indonesia, Thailand, and Vietnam, the shortage of land resources is an important reason for investors to favor floating photovoltaic projects. At the same time, the development of floating photovoltaic projects can also make full use of the original transmission infrastructure in the area, which will help reduce the cost of grid expansion. “It’s not enough to focus on the cost of power generation. New power generation projects often mean new transmission lines. In Southeast Asia, the development of power projects also needs to give priority to grid-level solutions.”


INDONESIA © Ciel & Terre International


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