Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
Market research firm, IHS Markit expects global solar installations to continue double-digit growth rates in 2020, forecasting new installs to hit 142GW, a 14% increase over 2019.
The completed project for Jentec Storage is the latest in a flurry of C&I activity by Total's solar distributed generation arm in the region, including a contract to supply rooftop PV to an airport that will cater to Indonesia's future capital Borneo.
Leading PV industry association says 2GW of small-scale generation could be installed over a 12 month period as a much-needed supply source amidst national power crisis.
Purchase of 25% stake in AEML division by sovereign wealth fund QIA will fund plans to power part of one the world's largest cities with solar and wind.
India’s Discoms are the biggest hurdle to the proliferation of clean energy micro-grids, the head of the premier Indian government think tank and senior adviser to prime minister Narendra Modi has said.
