Floating Solar Energy Development

Summary

Central and West Asian countries are heavily reliant on either fossil fuels, hydropower, or imported fuels and power, which make them carbon-intensive, energy-insecure, and vulnerable to climate and external supply shocks. The proposed knowledge and support technical assistance (TA) aims to pilot test and build expertise on the emerging floating solar photovoltaic (FPV) technology to diversify the energy mix, increase energy security, and reduce greenhouse gas (GHG) emissions. Afghanistan, Azerbaijan, and the Kyrgyz Republic represent these critical vulnerabilities of Central and West Asian countries and are the targeted beneficiaries.

Expected Outcome

Utility-scale floating solar projects in selected countries initiated

Expected Outputs

  • Pilot-scale floating solar plants installed and scaled up plants assessed in selected countries (link to page for Component 1 with more description of project outputs and current progress)
  • Business models with private sector participation developed (link to page for Component 2 with more description of project outputs and current progress)
  • Institutional capacity in designing, constructing, and operating FSP systems enhanced (link to page for Component 3 with more description of project outputs and current progress)

Project Types

Technical Assistance

Funding

Funding AgencyAmount (USD millions)Notes
Clean Energy Fund 3 Under the Clean Energy Financing Partnership Facility
Total 3
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