$2 billion floating PV plus storage to be built on Indonesian reservoir

$2 billion floating PV plus storage to be built on Indonesian reservoir

$2 billion floating PV plus storage to be built on Indonesian reservoir 150 150 Energy Storage Journal

July 22, 2021: Singaporean solar system developer Sunseap Group on July 21 signed a memorandum of understanding with the Indonesian local government district Badan Pengusahaan Batam to build a floating solar and storage system on a reservoir at Batam Island.

The solar panels will cover a 1,600 hectare area on a reservoir to the south of the island. Sunseap says it will be the largest floating PV installation in the world.

According to Sunseap, some of the energy will be consumed on Batam Island, but much will be exported to Singapore about 50km away via a subsea cable.

“Floating solar systems will go a long way to address the land constraints that urbanized parts of southeast Asia face in tapping renewable energy,” said Frank Phuan, CEO of Sunseap.

“This hyperscale project is a significant milestone for Sunseap coming soon after we had completed Singapore’s first offshore floating solar farm along the Straits of Johor.”

A mixture of bank loans and internal resources will finance the plant, Sunseap says.