Global Floating Solar Panels Report 2024: Distributed Generation Complemented with FPVs - Futuristic Enabler of Smart Cities
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
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
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
![](https://s.yimg.com/ny/api/res/1.2/dGy0uq5OrrwZRraGn8J4Rg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MA--/https://ml.globenewswire.com/media/NWRjY2FkMDQtYWM0NC00NzUxLTlhMTUtYmE1OTZiZWI1OGRjLTEwMjY3Mzc=/tiny/Research-and-Markets.png)