L R AS Published on Monday 7 December 2020 - n° 343 - Categories:floating power plant

Floating solar power plants are gaining in importance

Bank financing is now essential to launch new floating solar projects.

This is because floating photovoltaics has gained momentum in recent years. It represented less than 1% of global solar demand at the end of 2019. It will double by 2022

Floating power plant projects are multiplying. At the very beginning and until the end of 2014, the power plants had a few dozen kWp and could be financed with equity. This was the case in Japan. China has quickly evolved towards large floating power plants.

Now, the multiplication of large projects requires developers to obtain external financing. This requires lenders to have a good knowledge of the seabed!

https://www.pv-tech.org/guest-blog/technical-considerations-to-ensuring-bankable-floating-pv-projects

PV Tech of 4 December

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