World's Largest: Sunseap to Build $2B Floating Solar Farm in Batam, Indonesia

Roslan Khasawneh
Thursday, July 22, 2021

Singapore's Sunseap Group says it plans to spend $2 billion to build the world's largest floating solar farm and energy storage system in neighboring Indonesian city Batam, which will double its renewable power generation capacity.

The floating photovoltaic system is expected to have a capacity of 2.2 gigawatt-peak (GWp), and will be located on the Duriangkang Reservoir in Batam Island spanning around 1,600 hectares, Sunseap said in a statement.

The company and Batam Indonesia free zone authority, Badan Pengusahaan Batam (BP Batam), said they signed a memorandum of understanding on Monday for the project.

"This single project will double our entire portfolio, more importantly, build our capability towards hyper scale solar and energy storage projects," Frank Phuan, co-founder and chief executive of Sunseap told Reuters.

"Floating solar systems will go a long way to address the land constraints that urbanized parts of Southeast Asia face in tapping renewable energy," said Phuan.

Sunseap Group is a solar energy system developer, owner and operator in Singapore, with over 2000 MegaWatt-peak (MWp) of solar energy projects contracted across Asia.

In March, it completed a 5 MWp floating photovoltaic system offshore Singapore along the Straits of Johor.

Construction of the project, which will be financed through bank debt and Sunseap capital, is due to begin in 2022 and is planned for completion in 2024, the company said.

According to Sunseap, the energy generated and stored will supply non-intermittent solar energy around the clock.

A portion of the green energy will be consumed within Batam, while the balance could potentially be exported to Singapore approximately 50 kilometers away via a subsea cable. Batam currently has a total power generation capacity of 540MW from gas, steam and diesel plants, according to BP Batam's website.

"This investment by Sunseap will be a timely boost for Batam's industries as they seek to reduce the carbon footprint of their operations," Muhammad Rudi, chairman of BP Batam said in the statement.

Sunseap is in the process of weighing an initial public offering in the city-state. 

(Reporting by Roslan Khasawneh; Editing by Florence Tan and Kim Coghill)

Categories: Energy Renewable Energy Activity Asia Solar Offshore

Related Stories

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

CNOOC Brings New Offshore Gas Field On Stream

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

EnQuest Acquires Harbour Energy’s Vietnamese Assets

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

Current News

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com