Analysts at Rystad Energy believe Southeast Asia could become the largest floating solar photovoltaic (PV) market in the world with several significant projects planned this decade.
Singapore’s Sunseap is planning a $2 billion floating solar project on a reservoir in Indonesia’s Batam Island. If successful it will be the world’s largest to date and electricity could be exported via undersea cable to the nearby island city state of Singapore.
A floating island of solar panels is being tested in Chile as a way to generate clean energy and reduce water loss at mine operations, a cornerstone of the country's economy that uses huge amounts of electricity and water.
