SP group to invest $76m in 90MW aquavoltaic farm in Qingdao

The farm can generate 162 million kilowatt-hours of green electricity annually.

SP Group will invest $76m to build a 90-megawatt (MW) aquavoltaic farm in Qingdao City, Shandong Province, China.

As part of the project, SP Group will install solar photovoltaic (PV) panels across 300 acres of an aquafarm.

The farm can generate 162 million kilowatt-hours of green electricity annually and cut carbon emissions by 160,000 tonnes.

The panels will be connected to the grid by the end of the year.

After completion, the farm will supply solar power to Shandong's first green hydrogen production facility.

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