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Portugal's EDP betting on floating solar farms in Southeast Asia

The Star Business LogoThe Star Business1 mo ago

Portugal's EDP betting on floating solar farms in Southeast Asia

Quick Summary AI Powered

LISBON: Portugal's main utility EDP EDP.

LS will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of the 16 gigawatts of photovoltaic power the region is expected to install on rivers and seas by 2030.

While only 341 MW was under construction or operating in the region, capacity being lined up would allow it to reach 6.6 GW in 2025 and 16 GW in 2030, Rynstad said.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Singapore Energy Portugal /Business/Business News Solar Malaysia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 05:35:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 3 minutes read

Article Length: 369 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 26075

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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