Featured in European Solar's new dawn – 06-2021

FPV’s important role

Molly Cox details Wood Mackenzie’s research showing that floating PV installations will continue to grow as the niche industry finds its large- scale fit with utility companies, large communities, companies, and municipalities – wherever the right waters are to be found.
Annual global floating solar installations
Image: Wood Mackenzie Global Solar Markets Service

 The global floating solar (FPV) market has seen remarkable growth over the last few years, and it shows no signs of slowing. According to Wood Mackenzie’s Global Solar Markets Service data, the global market is estimated to reach 1.6 GW in 2021, which is more than double the total installed capacity in 2020. Although FPV …

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