Construction work on a 145MWac floating solar project in Indonesia has started after the joint venture (JV) behind the installation reached financial close.
Singapore-based solar developer Sunseap Group has secured a contract to build what it says will be the world’s largest floating PV project on the Indonesian island of Batam.
Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
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.
Indian solar firm Fourth Partner Energy has created a joint venture (JV) with coal producer Indika Energy to develop commercial and industrial (C&I) PV projects in Indonesia.
Abu Dhabi-based renewables company Masdar has a “significant ambition” to expand its clean energy portfolio in Southeast Asia, a company executive has told PV Tech.
Abu Dhabi-based renewables developer Masdar has formed a joint venture to bring forward a 145MWac floating PV park at a reservoir in West Java, Indonesia.
Major integrated PV module manufacturer, Suntech has started ramping up a 1GW integrated cell and module assembly plant in Indonesia, predominantly to serve the US market that takes its nameplate module assembly capacity above 10GW.
Country could avoid costs and grid chaos if it learns from Germany and Vietnam's FiT lessons and opts instead for competitive auctions, says new IEEFA report.