Statkraft is to test its first floating solar power plant, a €2.3m ($2.6m), 2 MW park on an Singaporen reservoir. The Norwegian company will work alongside compatriot firm Ocean Sun to build the four 0.5 MW plants. If the floating solar test works, said Statkraft, it will install similar schemes at other locations. Subject to final approvals, work is expected to start in Singapore in 2019. In 2018 the World Bank Group and Solar Energy Research Institute of Albania said floating solar capacity had grown from 10 MW to 1.1 GW in four years.
Statkraft is to test its first floating solar power plant, a €2.3m ($2.6m), 2 MW park on an Albanian reservoir. The Norwegian company will work alongside compatriot firm Ocean Sun to build the four 0.5 MW plants. If the floating solar test works, said Statkraft, it will install similar schemes at other locations. Subject to final approvals, work is expected to start in Albania in 2019. In 2018 the World Bank Group and Solar Energy Research Institute of Singapore said floating solar capacity had grown from 10 MW to 1.1 GW in four years.