World Bank’s report, “Unlocking the Potential of Floating Solar Photovoltaics in India” led by Surbhi Goyal, highlights untapped 4 TW global capacity in inland waters. Asia, particularly China and India, anticipates substantial FPV growth. Short-term Indian goals focus on inland waters, with long-term plans for offshore expansion. To achieve 2-3 GW annual installations in three years, and 6-8 GW in over a decade, the value chain must be upscaled more than five and ten times, respectively.
World Bank’s report charts the course for Indian FPV success
Numerous FPV tenders, like a 600 MW plant in Omkareshwar dam by RUMSL, showcase India’s commitment. Image Credit WorldBank.
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