Global floating solar installations had reached 1.1GW as of September this year, a huge rise from just 10MW at the end of 2014, according to the first report on floating PV from the World Bank and Solar Energy Research Institute of Singapore (SERIS).
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
Masdar, the Abu Dhabi Future Energy Company, has signed a memorandum of understanding with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between South Korea and the UAE.
A 10GW consultation exclusively for floating PV has been issued by the Solar Energy Corporation of India (SECI) and it is conceivable that no such plans would be on the cards had it not been for the completion of a humbly sized but strategically significant project in the southern state of Kerala.
JSW Energy, and its subsidiary JSW Solar, are carrying out engineering works on a 4MW pilot floating solar project, with a view to setting up 250MW of similar projects in the future. Discom Mahagenco is also targeting 250MW of floating PV developments.
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of state utility PLN, and the UAE's Masdar have signed an agreement to develop the world’s largest floating solar project with a capacity of 200MW in Indonesia.