Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 lockdown, causing extreme stress to electricity grids due to excess power, although such falls have been smaller in Vietnam and Singapore where the pandemic measures have been less stringent to date.
