- Sunseap plans to deploy the largest floating solar plant globally.
- Sunseap will construct the plant in Batam in Indonesia.
- The plant will have a capacity of 2.2GWp.
Singapore’s Sunseap Group plans to construct the world’s largest floating solar plant and energy storage state in the Indonesian city of Batam. The plant is expected to have a capacity of 2.2GWp and require an investment of $2 billion. According to Sunseap, the facility will be located on the Duriangkang Reservoir in Batam Island spanning around 1,600 hectares.
Sunsep has signed a memorandum of understanding (MoU) with the atam Indonesia free zone authority and Badan Pengusahaan Batam (BP Batam). The project is set to double Sunseap’s entire portfolio and build the company’s capability to hyperscale solar and energy storage projects. Frank Phuan, co-founder and chief executive of Sunseap, stated that “floating solar systems will go a long way to address the land constraints that urbanised parts of Southeast Asia face in tapping renewable energy.”
The project is set to commence construction in 2022, with completion planned for 2024. The funding for the project is set to be financed via bank debt and Sunseap capital. Some of the power produced will be supplied in Batam, while the remaining could be exported to Singapore via a subsea cable.
Sunseap Group currently has over 2GWp of solar energy projects contracted across Asia. This year, the company completed a 5MWp floating solar plant along the Straits of Johor in Singapore.