CIRATA, Indonesia, Nov 9, 2023 (BSS/AFP) - Indonesia on Thursday inaugurated a $100 million floating solar farm, the largest in Southeast Asia, as the country seeks more opportunities to transition to green, renewable energy. The Cirata floating solar farm, which is expected to generate enough electricity to power 50,000 households, is built on a 200-hectare (500-acre) reservoir in West Java, about 130 kilometres (80 miles) from the capital, Jakarta. "We managed to build the largest floating solar farm in Southeast Asia, and the third biggest in the world," he said. The solar farm, funded by Sumitomo Mitsui Banking Corporation, Societe Generale and Standard Chartered, consists of 340,000 panels. But solar and wind power each account for less than one percent of Indonesia's power mix, as Southeast Asia's largest economy still relies heavily on fossil fuels to generate electricity.

Source: Bangladesh Sangbad Sangstha November 09, 2023 17:29 UTC