The Sembcorp Floating Solar Singapore unit of utilities and marine group Sembcorp Industries has secured a 25-year power purchase agreement (PPA) for a 60 MW floating solar plant it is planning at Singapore’s Tengeh Reservoir. The deal was signed with national water agency the Public Utilities Board (Pub), which selected Singapore company Sembcorp for the project in late February. The price to be paid under the PPA for the solar electricity generated was not revealed.
