Thailand: Floating Solar
One of the eye-catching headlines relating to the Thai energy industry over the past few weeks was the announcement of the completion and commencement of commercial operations of the hydro-floating solar project at Sirindhorn Dam in Ubonratchathani province. The project is the world’s largest hybrid floating solar, equipped with a combination of two methods of electricity generation, and is owned and operated by Electricity Generating Authority of Thailand. Floating solar projects have been gaining attention in recent years, not only because of their environmentally friendly characteristics but also due to their comparative efficiency. Given the recent appearance of floating solar in the market, it is worth considering specific issues and considerations for developers for this new type of project.