Sembcorp’s development of a 60 MW floating solar plant in Singapore has signed a 25-year PPA with the National Water Agency, PUB, at an unspecified rate. The Tengeh Reservoir Floating Solar Plant will supply power from next year to five nearby PUB waterworks. At 60 MW, the plant is large by floating solar standards – a few years ago it would’ve been the world’s largest, but there are now several larger than it in China, the biggest being 150 MW. There are now gigawatt-scale plants under planning in India and South Korea. Sembcorp is a Singapore-based utilities and marine group with a global presence, and a large share of the rig-building market. Singapore’s other floating solar projects include a 5…