Sunseap Builds US$2 Billion Floating Solar Farm in Batam
Singapore-based company Sunseap Group says it plans to spend US$2 billion to build the world's largest floating solar farm and energy storage system in Batam, Indonesia. The floating photovoltaic system is expected to generate 2.2 gigawatt-peak (GWp). The plant will be built above 1,600 hectares of land in Duriangkang Reservoir on Batam Island, Sunseap said in a press release.
The Batam Concession Agency (BP Batam) said it had signed a memorandum of understanding on Monday (7/19) for the project. "This single project will double our entire portfolio, more importantly, build our capability towards hyper-scale solar and energy storage projects," Frank Phuan, co-founder and chief executive of Sunseap, told Reuters. The floating solar farm would greatly help overcome land constraints often faced in urban areas in Southeast Asia for renewable energy generators.