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Global Floating Solar Panels Report 2024: Distributed Generation Complemented with FPVs - Futuristic Enabler of Smart Cities

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Dublin, May 16, 2024 (GLOBE NEWSWIRE) -- The "Floating Solar Panels - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Floating Solar Panels estimated at 3.2 Thousand MW in the year 2023, is projected to reach 18.6 Thousand MW by 2030, growing at a CAGR of 24.7% over the analysis period 2023-2030.

Stationary Floating Solar Panels, one of the segments analyzed in the report, is projected to record 25.2% CAGR and reach 15.8 Thousand MW by the end of the analysis period. Growth in the Tracking Floating Solar Panels segment is estimated at 22.5% CAGR for the next 8-year period.

Key Market Trends & Drivers:

  • Floating Solar Panels Technology: Highly Efficient than Land Based Solar Plants

  • Environmental Concerns and Floating Solar

  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries

  • Global CO2 Emissions: Percentage Breakdown of Volume Emissions by Fuel Type (2015, 2020, 2040 & 2050)

  • Significance of Floating Solar Power Plants in Cooling Down Lakes in the face of Climate Change

  • Floating Solar Panels and the Use of Reservoirs and Manmade Water Bodies

  • Floating Solar System Plays Pivotal Role in Cleaning Water

  • Offshore Floating Solar: A Potential Solar Energy Generation Medium in High Seas

  • Growing Focus on Renewable Energy: A Strong Growth Driver

  • Government Boost to Solar Energy Adoption to Spur Market Momentum

  • Leading Countries with Renewable Energy as % of Total Energy

  • Targets for Electricity Production from Renewable Energy Sources in Select Countries

  • Robust Demand for Electricity Closer to the Point of Consumption Drives Proliferation of FPVs

  • Microgrids and Distributed Generation Transform Electricity Management Forever

  • Distributed Generation Complemented with FPVs: Futuristic Enabler of Smart Cities

  • Favorable Demographic and Urbanization Trends Strengthens Market Prospects

  • Rapid Urbanization: A Mega Growth Driver for Floating Solar Panels

  • Challenges Faced by Designers of Floating Solar Panels

  • Installation of Floating PVs versus Other Photovoltaic Systems

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Company Coverage:

  • Kyocera Corporation

  • Bharat Heavy Electricals Ltd.

  • First Solar, Inc.

  • Jain Irrigation Systems Ltd.

  • NTPC Ltd.

  • Tata Group

  • JA Solar Technology Co., Ltd.

  • Sungrow Power Supply Co., Ltd.

  • Ciel & Terre International

  • Jakson Group

  • LONGi Solar Technology Co., Ltd.

  • GCL System Integration Technology Company Ltd.

  • LA Solar Group

  • Glint Solar

  • Conrexx Technology

For more information about this report visit https://www.researchandmarkets.com/r/eswwlz

About ResearchAndMarkets.com
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