Singapore-based Sunseap Group plans to spend USD2 billion to build the world’s largest floating solar farm and energy storage system in the Indonesian city of Batam.
The project will be located on the Duriangkang Reservoir in Batam Island. The floating photovoltaic system will have a capacity of 2.2 GWp. The construction of the project will be financed through bank debt and Sunseap capital. The project is expected to begin in 2022 and is planned for completion in 2024.