China is building second giant floating solar power plant

Almaty. December 13. Silkroadnews - China is building the second giant floating solar power plant, information portal EcoWatch wrote.
“The state-run energy company China Three Gorges New Energy Co. is building a 150-megawatt floating solar farm that sits on top of a lake that formed from a collapsed coal mine in the eastern Chinese city of Huainan,” the agency wrote referring to Bloomberg.
Reportedly, the construction of the facility worth $151 million began in July and the station has already been partially connected to the power grid. By May 2018 the project is expected to start running to full capacity to power around 94,000 homes.
The project will inherit the title of the “world’s largest” from China’s floating solar power plant in the same city of Huainan - the 40-megawatt farm by Sungrow Power Supply Co., which is also located on a lake on a former coal mine.
“These projects have a number of benefits. First, it repurposes an out-of-use coal mine. Furthermore, as the World Economic Forum noted, floating solar panels are more effective because water cools them down. Finally, it's helping China move away from coal, the most polluting fossil fuel,” the report reads.
China, the largest producer and consumer of coal, has significantly increased its investments in renewable energy sources. The Asian country has more sunshine power than any other country in the world and intends to invest at least $361 billion by 2020.