Keppel Energy Nexus Pte Ltd, the wholly-owned subsidiary of Keppel Infrastructure, has been awarded a grant from the Energy Market Authority (EMA) and JTC to pilot Singapore’s first membrane-based nearshore floating solar photovoltaic (PV) system at Jurong Island.
The award is part of EMA and JTC’s Jurong Island Renewable Energy Request for proposals to accelerate the development of clean energy innovations for implementation on the island.
The pilot PV system consists of three circular platforms, which will have an installed capacity of 1.5 MWp when deployed in the seawater surrounding Jurong Island.
The circular reinforced membranes for the PV panels are said to ensure the lowest material usage of any floating PV system.
The system is expected to be ready in 4Q2023. It will serve as a model for future scaling and replication in nearshore waterbodies in Singapore as well as overseas.
As at 3.56pm, shares in Keppel Corporation are trading 6 cents lower or 0.93% down at $6.38.
