Singapore-based Sunseap Group Private Limited, a solar developer and operator, will build a giant 2.2 GWp floating solar complex with battery storage on Indonesia’s Batam Island. Sunseap has signed a memorandum of understanding (MoU) with Badan Pengusahaan Batam (BP Batam), outlining an investment of USD 2 billion. Apart from the photovoltaic (PV) panels, the scheme also includes the installation of an energy storage system with a capacity of over 4000 MWh.
The floating solar park is planned to be constructed on the Duriangkang Reservoir in Batam, covering a water area of 1,600 hectares. Once completed, it is expected to generate over 2,600 GWh of electricity annually, part of which will be consumed on the island and the rest will be exported to Singapore via a subsea connection. Construction works are due to begin in 2022, with commissioning scheduled for 2024. Sunseap intends to finance the project through a mixture of bank loans and internal resources.
