Thailand plans to build the world’s largest floating solar farms to power Southeast Asia’s second-largest economy and to boost the country’s share of clean energy.

State-run Electricity Generating Authority of Thailand will float 16 solar farms with a combined capacity of more than 2.7 gigawatts in nine of its hydroelectric dam reservoirs by 2037, said Thepparat Theppitak, a deputy governor with the utility. Several of the proposed projects are more than double the size of the world’s largest floating system now and the venture dwarfs the 1.3 gigawatts of generation installed globally as of October.

If EGAT builds all its proposed projects, the company says floating solar will account for one tenth of the country’s clean energy sources, compared to just 1 percent of global solar capacity by 2050. 

The bidding for the first floating solar project will begin in two months and will be open to international companies, Thepparat said, with the budget set at 2 billion baht ($63 million) for a 45 megawatt farm at Sirindhorn Dam in northeast Thailand. That plant is expected to come online next year.

Source: Bloomberg

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