Floating Power Plant are installed for the electricity generation in the remote areas where scarcity of land mass is a constraint for power generation. Many regions in developing countries today, are facing shortage of electricity or they are not connected with their national distribution grid and off grid power is their only source of energy which further restricts their development. Simultaneously, rising concerns ... Read more
According to the new market research report "Floating Power Plant Market by Power Source (Non-Renewable (Gas Turbines, IC Engines), Renewable (Solar Panels, Solar Floating Structure, Wind Turbines, Wind Substructure)), Capacity, and Region - Global Forecast to 2022", the global floating power plant market is expected to grow from an estimated USD 889.6 million in 2017 to USD 1,440.1 million by 2022, at a CAGR of 10.11%, from 2017 to 2022. The factors driving the market ... Read more
The global floating power plant market is expected to grow from an estimated USD 889.6 million in 2017 to USD 1,440.1 million by 2022, at a CAGR of 10.11%, from 2017 to 2022. The factors driving the market include increasing demand for power, coupled with the lack of power infrastructure, benefits over land based power plants (majorly as it eliminates the land acquisition related ... Read more
