Trina Solar will build a 71MW floating PV (FPV) project in the Malaysian state of Sarawak after winning a tender held by the state’s utility, Sarawak Energy.
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.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
The French firm sees huge potential for more floating PV in Brazil, which boasts substantial hydroelectric infrastructure and generates 64% of its electricity from hydro power.