Global floating PV installations are set to jump by 143% from 2019 to hit more than 900 MW of annual capacity additions this year, according to IHS Markit’s Floating PV Report – 2020. Growth has been driven in recent years by a surge in the number of floating PV systems installed in countries such as China, South Korea, Japan, and the Netherlands, with total global installed capacity reaching about 1.5 GW at the end of 2019. IHS Markit Research Manager Cormac Gilligan and Senior Analyst Chris Beadle examine how these countries have taken the lead, with developers building large quantities of floating PV, while also installing pilots to better understand the technology and test its capabilities and cost-effectiveness.
An SGI of a 70 MW floating PV plant in construction in Anhui province, China.
Image: Ciel & Terre
Stay informed
pv magazine is the leading trade media platform covering the global solar photovoltaics industry. Log in or purchase a digital or print version of this issue to read this article in full.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
