Floating Solar set for 60-Fold boom by 2030

Floating Solar will take off over the next ten years, growing from an average of 300 MW today each year, to a massive 9.4 GW of capacity added during 2030. Cumulatively it will become a market above 60 GW, on the back of an alliance with existing hydro electric plants, with the solar floating on dam reservoirs. Those partnerships with dams will make up the bulk of the floating solar by 2030, but other types of floating solar, including in the sea, in estuaries, in harbors, as well as on land based lakes, drinking water reservoirs and waste water, will still all be healthy growing markets. This is according to the latest report from Rethink Energy, the renewables energy service…