Keppel Energy Nexus has landed a contract to pilot a membrane-based nearshore floating solar PV (FPV) system at Jurong Island, Singapore using FPV company Ocean Sun’s technology.
Floating solar system provider Ocean Sun is preparing to scale up the utility-scale deployment of its technology as its management calls for more regulatory frameworks to unlock the potential of the floating PV segment.
Energy advisory and assurance provider DNV has introduced two joint industry projects (JIPs) aimed to standardise the development of floating PV (FPV).
Dutch energy company Essent and solar developer Solinoor will collaborate on the development of green hydrogen projects in the Netherlands using ground-based and floating solar PV.
Portugal's latest solar auction made headlines earlier this month as record-low negative bids were posted, with the results illustrating the value developers place on securing a grid connection and the strong potential they see in hybridising renewables assets.
Spain has sought to regulate the installation of floating solar PV on reservoirs in the country, issuing a list of requirements based largely on water quality.
Floating solar installations continue to grow globally, with Asia set to lead the way in the next decade, which presents significant opportunities for its combination with pumped hydro storage, according to a Fitch Solutions report.
EDP Renewables (EDPR) plans to invest S$10 billion (US$7.39 billion) in renewables in the Asia Pacific (APAC) region by 2030 after closing its S$1.1 billion (US$813 million) acquisition of Singaporean developer Sunseap.
India’s state-owned National Hydroelectric Power Corporation (NHPC) has signed an agreement with the Green Energy Development Corporation of Odisha Ltd (GEDCOL) for the development of 500MW of floating solar projects in the eastern state of Odisha.
