July 13, 2020 Read More →

Floating solar plants could generate 900% more electricity across Asia-Pacific

Energy Live News:

Floating solar power plants are expected to generate around 900% more electricity across the Asia-Pacific region.

That’s according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA), which suggests countries in Asia leads European nations in deploying floating solar farms.

It adds floating solar installations have shown they can withstand typhoons, powerful waves and winds gusting up to 170 kilometres an hour, with such projects now being tested by manufacturers.

While the first floating solar plant was installed in Japan in 2007, China is currently the largest player on the market.

The two countries had a combined installed capacity of 1.3GW at the end of 2018 while Vietnam has installed around 47MW of capacity.

[Priyanka Shrestha]

More: Floating solar power plants making waves across Asia-Pacific

Posted in: IEEFA In the News

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