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Trends and Insights

4 Feb 2024

Floating Solar Power Gains Momentum in SouthEast Asia

Floating solar installations in Southeast Asia, [deemed 'floatovoltaics](', have reached 500 megawatts, with projects like Indonesia's reservoir array pushing capacity. The region, grappling with land scarcity, might see floating solar meet 10% of its solar energy needs by 2030, leveraging 21,000 square kilometers of inland waters. These systems, though costlier upfront, benefit from cooler operating temperatures and integration with hydropower, suggesting a prolific and environmentally sensitive future for renewable energy in densely populated areas.

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