Countries like China, Indonesia and India are projected to lead the global generation of floating solar (FVP) power by 2031. The forecast shows that in China the FPV will reach an estimated capacity of 13,783 megawatts over the next 10 years. The market value of floating solar panels worldwide reached roughly 35.6 million U.S. dollars in 2022.
Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country
(in megawatts)
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Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country
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Wood Mackenzie. (May 24, 2023). Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country (in megawatts) [Graph]. In Statista. Retrieved May 11, 2025, from https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/
Wood Mackenzie. "Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country (in megawatts)." Chart. May 24, 2023. Statista. Accessed May 11, 2025. https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/
Wood Mackenzie. (2023). Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country (in megawatts). Statista. Statista Inc.. Accessed: May 11, 2025. https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/
Wood Mackenzie. "Forecast Cumulative Capacity of Floating Solar Pv Installations Worldwide in 2031, by Leading Country (in Megawatts)." Statista, Statista Inc., 24 May 2023, https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/
Wood Mackenzie, Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country (in megawatts) Statista, https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/ (last visited May 11, 2025)
Forecast cumulative capacity of floating solar PV installations worldwide in 2031, by leading country (in megawatts) [Graph], Wood Mackenzie, May 24, 2023. [Online]. Available: https://www.statista.com/statistics/1396280/global-forecast-of-floating-pv-capacity-by-country/
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