On Jurong Island in Singapore, Keppel Energy Nexus, a division of Singapore-based infrastructure firm Keppel Infrastructure, is to pilot a nearshore floating solar photovoltaic (PV) system based on membranes. The company launched the pilot after receiving funding from the JTC and Singapore’s Energy Market Authority (EMA). The membrane-based PV system can harness solar power amid rough sea conditions, in contrast to Singapore’s conventional floating PV systems that are installed in calmer waters.
Ocean Sun’s technology will be used to harness solar energy by attaching solar panels on large circular reinforced membranes. A framework made of high-density polyethylene pipes will guard these membranes. In the fourth quarter of 2023, the pilot project is anticipated to be finished. Once complete, the floating system will be the first of its kind in Singapore. The 1.5 MWp installed capacity of the PV system will comprise a total of three circular platforms.
In December 2021, Keppel Corporation acquired a 51 per cent equity stake in Singapore-based solar developer Cleantech Solar for up to $150 million. Keppel Asia Infrastructure Fund LP (KAIF) is a member of the consortium, as well as a co-investor. Cloud Alpha Pte Limited, a subsidiary of the consortium, would buy the stake. The remaining 49 per cent of Cleantech Solar’s ownership is held by Shell Eastern Petroleum Limited, the company’s current shareholder.
