Announced on June 24, 2024, this ambitious project aims to significantly reduce the resort's dependence on diesel generators by providing clean, sustainable energy through three 74-meter diameter solar rings. . Ocean Sun and Canopy Power have teamed up to launch an innovative 2MWp floating solar power system at Soneva Secret, a luxurious resort in the Maldives. This USD 200 million opportunity enables investors to deploy 100MW of household solar systems across the Maldives, creating the region's most extensive. . In April 2024, the Government of the Maldives issued Abraxas Power the first permit under the Special Economic Zone Act to construct a 100 MW floating solar renewable energy project within newly reclaimed barrier islands. Only. . Moving from a fossil-based to a renewable-based energy model is the best way to make electricity cheaper for everyone, reduce the fiscal risks, and protect this pristine island paradise.
