Over the years photovoltaic systems have been successfully deployed on land and in free space to generate energy. These commonly used solar energy systems have two weaknesses: cost associated with the solar cells fabrication & maintenance and requirement of vast land area. These challenges are recovered by the new floating solar panels systems. In past few years, a myriad of solar systems have been installed on rivers, canals, reservoirs, ponds and oceans; augmenting the ... Read more

Over the years photovoltaic systems have been successfully deployed on land and in free space to generate energy. These commonly used solar energy systems have two weaknesses: cost associated with the solar cells fabrication & maintenance and requirement of vast land area. These challenges are recovered by the new floating solar panels systems. In past few years, a myriad of solar systems have been installed on rivers, canals, reservoirs, ponds and oceans; augmenting the ... Read more

Key Findings

  • The global floating solar panels market was valued at US$ 240.65 Mn in 2018 and is anticipated to expand at a CAGR of 43.02% from 2019 to 2027
  • In terms of type, stationary floating solar panels constituted more than 90% share of the global floating solar panels market in 2018
  • ... Read more

Market Synopsis

Market Research Future (MRFR) in its latest report reveals that the global floating solar panels market is set to expand rapidly in the forthcoming years. Floating solar panels are witnessing a strong commercial interest. Solar energy is an alternative solution to rapidly depleting fossil fuel. Floating solar panel also referred to as floating photovoltaic (FPV) is a well-organised array of solar panel on water body on a lake or artificial basin. ... Read more

According to report by Grand View Research, Inc., the Floating Solar Panels Market is poised to rise to a valuation of USD 2.70 billion by 2025. Increase in demand for renewable energy sources, and recent innovations in the floating ... Read more

Floating Solar Panels Market Scenario

Floating solar panels systems do not require valuable land space for installations, which is one of their biggest advantages. Resultantly, their installations are multiplying, and its market demonstrates a huge growth potential. According to Market Research Future (MRFR), the Floating Solar Panels Market Size is set to ... Read more

Floating Solar Panels Market Synopsis

Market Research Future (MRFR) in its latest report reveals that the Floating Solar Panels Market is set to expand rapidly in the forthcoming years. Floating solar panels are witnessing a strong commercial interest. Solar energy is an alternative solution to rapidly depleting fossil fuel. Floating solar panel also referred ... Read more

Floating Solar Panels Market Synopsis

Market Research Future (MRFR) in its latest report reveals that the global floating solar panels market is set to expand rapidly in the forthcoming years. Floating solar panels are witnessing a strong commercial interest. Solar energy is an alternative solution to rapidly depleting fossil fuel. Floating solar panel also referred to as floating photovoltaic (FPV) is a well-organised array of solar panel on water body on a lake or ... Read more