Floating Solar Markets in ASEAN

Floating Solar Markets in ASEAN

Since the first floating solar plant was built in 2007 in Aichi, Japan, this young technology has experienced rapid development throughout the world such as China, Japan, Korea, the U.S., Europe, ASEAN, etc., from tested small scale to large scale of even hundreds of megawatts. In this report, the general concept of floating solar photovoltaic system is discussed first, as well as its advantages compared to land-based PV systems, and its market opportunities. Then, a global status of this technology is given combined with the cases separately from China, Japan and the U.S. A further emphasis is put on the particular floating solar market in ASEAN, especially in Philippines, Vietnam and Thailand, showing relevant policies and existing or planned projects. 

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