Recently, Portugal's large utility company EDP (Electric Power of Portugal) will expand its floating offshore photovoltaic + offshore farm project in Southeast Asia. 16GW.
The first offshore PV farm project in Southeast Asia, with a capacity of 5 MW, was completed last year in Singapore by Sunseap, the fourth largest PV project operator in Southeast Asia, showing "positive and encouraging results".
Singapore's floating photovoltaic project, which is the size of five football fields and contains 13,300 photovoltaic panels and 30,000 floating bodies, generated 6.1 GW of electricity per hour during the first year of operation as of March this year, enough to meet the Electricity needs of 1,250 households.
EDP Renováveis, the wind power business unit of Portugal’s EDP Group, completed the acquisition of Singapore’s Sunseap in December last year to enter the fast-growing renewable energy market in the Asia-Pacific region. Portugal Power plans to invest S$10 billion in Southeast Asia by 2030.
Sunseap's investment project pool is spread across nine markets, Cambodia, China, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand and Vietnam, with a total capacity of 5.5 GW, at various stages of development.
Rynstad Energy, a consultancy based in the Norwegian capital Oslo, said in October that Southeast Asia could become the world's largest floating PV market, especially for projects in river and dam areas.
Rynstad said that while there are only 341 MW of floating PV projects under construction or operation in Southeast Asia so far, this capacity will reach 6.6 GW in 2025 and 16 GW in 2030 with capacity under planning and development, Rynstad said. .
Continuing, EDP also recently constructed the largest floating floating PV project in Europe to date on a dam in southern Portugal.
