World’s Biggest Floating Solar Farm Seen Driving Thailand’s Green Push
5 March 2019
Thailand plans 2.7GW of capacity on dam reservoirs by 2037
The solar systems will improve hydroelectric production: EGAT
State-run Electricity Generating Authority of Thailand will float 16 solar farms with a combined capacity of more than 2.7 gigawatts in nine of its hydroelectric dam reservoirs by 2037, said Thepparat Theppitak, a deputy governor with the utility. Several of the proposed projects are more than double the size of the world’s largest floating system now and the venture dwarfs the 1.3 gigawatts of generation installed globally as of October.
Power On the Water
Thailand plans to build 2.7 gigawatts of floating solar by 2037
Vajiralongkorn Dam Phase 2 (2031) 250 MW
Vajiralongkorn Dam Phase 1 (2027) 50
Ubol Ratana Dam (2023) 24
Srinagarind Dam Phase 3 (2032) 300
Srinagarind Dam Phase 2 (2029) 280
Srinagarind Dam Phase 1 (2026) 140
Sirindhorn Dam (2020) 45
Sirikit Dam Phase 2 (2037) 175
Sirikit Dam Phase 1 (2035) 325
Rajjaprabha Dam Phase 2 (2036) 100
Rajjaprabha Dam Phase 1 (2034) 140
Chulabhorn Dam (2033) 40
Bhumibol Dam Phase 3 (2033) 320
Bhumibol Dam Phase 2 (2030) 300
Bhumibol Dam Phase 1 (2026) 158
Bang Lang Dam (2033) 78
Source: Electricity Generating Authority of Thailand
The plan represents an ambitious bet for Thailand on floating solar, which tends to be more expensive than the ground-mounted units that dominate the sector. If EGAT builds all its proposed projects, the company says floating solar will account for one tenth of the country’s clean energy sources, compared to just 1 percent of global solar capacity by 2050, according to BloombergNEF.
“As the cost of solar equipment comes down, many developers are looking at water with grid connection,” said Jenny Chase, head of solar analysis for BloombergNEF in London. “This seems to be a great combination of long-term and well-structured planning, with individual projects identified already.”
Locating the plants at existing hydropower reservoirs means the utility won’t need to spend as much on infrastructure tying it into the grid and the system will improve the overall output of the hydropower plants, according to Thepparat. In the future, the company will also use lithium-ion batteries to store electricity produced by the floating plants.
Thailand has been moving towards generating more electricity from renewable sources in recent years. It has set the goal that renewable energy will make up 27 percent of overall capacity by 2037, according to its latest power development plan.
The bidding for the first floating solar project will begin in two months and will be open to international companies, Thepparat said, with the budget set at 2 billion baht ($63 million) for a 45 megawatt farm at Sirindhorn Dam in northeast Thailand. That plant is expected to come online next year.
Floating systems are considered about 18 percent more expensive than land-based ones because of the need for floats, moorings, and more resilient electrical components, according to the World Bank. However, the projects bypass land use in forests and farmlands and water can also help to cool the solar panels, increasing the efficiency by 10 percent, Thepparat said.
Eight of EGAT’s 16 planned floating plants would be larger than what is now the world’s biggest, a 150-megawatt system floating above a collapsed coal mine in China. Thailand’s biggest will be the 325-MW farm at Sirikit Dam in northern Thailand, scheduled to be completed in 2035.
“The hydro and solar power will be working in synergy in this project and using our existing assets and resources,” Thepparat said in an interview on Monday at EGAT’s head office near Bangkok. “We have studied and planned this project very carefully.”