Singapore’s Sunseap Group, plans to spend 2 billion dollars to build the world’s largest floating solar farm and energy storage system in neighbouring Indonesian city Batam, which will double its renewable power generation capacity. The floating photovoltaic system is expected to have a capacity of 2.2 gigawatts (peak).
It will cover 1600 hectares (4000 acres) of the Duriangkang Reservoir on Batam Island. An agreement between Sundeap and the Batam Indonesia free zone authority (BP Batam) to move forward with the project was signed.
Important takeaways for all competitive exams:
- Indonesia Capital: Jakarta;
- Indonesia Currency: Indonesian rupiah.