Floating Solar or FPV (Floating Photovoltaic), are the solar panel systems installed on the bodies of water such as reservoirs, lakes, ponds, and oceans. The floating solar panels are used to generate clean energy and this energy is afterward turned into alternating current via inverters, enabling it to be assimilated into the electrical grid. The industry comprises widespread market players that operate for the betterment and exponential growth of the global industry. Not only players but the government also plays an important role in boosting the Global Floating Solar Market. The national governments across the globe are extensively investing in the establishment and advancement of low-carbon electricity generation sources and methods. These strategies implemented in the past have resulted in a surge in the growth of renewable energy such as solar and wind integration and are expected to soar in the forthcoming years too. This growth is further demonstrated by the recently published report description by Markntel Advisors, a leading consulting, data analytics, and market research firm, which consists of the market players, that operate to seek futuristic opportunities and further growth & development.
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Established in 1992, the headquarters is in Bilbao, Spain
Iberdrola S.A. is a Spanish multinational company based in Bibalo, Spain, which comprises around 40,000 employees and serves around 30 million customers. Subsidiaries include ScottishPower and a significant part of Avangrid, amongst others. The company is considered the largest producer of wind power, majorly consisting of products such as Electricity generation and distribution, renewable energy, natural gas production, sale and distribution, and telecommunications.
Established in 1962, the headquarters is in Rome, Italy
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel is also considered one of the largest electric utility companies in the world by revenue after the State Grid Corporation of China. The company is quoted on the FTSE MIB index on the Borsa Italiana. The Enel Group is organized into five business lines, Enel Green Power and Thermal Generation, Enel Grids, Global Energy and Commodity Management, Enel X Global Retail, and Enel X Way.
Established in 1997, the headquarters is in Anhui, China
Sungrow is a publicly listed Chinese solar photovoltaic inverter manufacturing company. Sungrow surpassed its rival LONGi Green Energy Technology as the world's most valuable solar sector company. Sungrow benefited from China's boom in battery storage capacity leading to higher revenues.
Established in 2016, headquarters is in Visakhapatnam, Andhra Pradesh, India
Quant Solar is a clean-tech company that aims to develop innovative and smart technologies for a sustainable future. Floating Solar Solution obviates the need for large tracts of land by installing solar panels on lakes, ponds, reservoirs, lagoons etc. which are available in abundance in most countries.
The blog comprises Global market players in the Floating Solar industry, with market product information. This blog entails details regarding the prominent factors behind the surging demand for futuristic growth and new opportunities that facilitate market development. Market players such as Iberdrola, Ciel & Terre International, RWE, Tractebel, Pristine Sun LLC, Enel Spa, SolarDuck, BayWa r.e., Ocean Sun AS, Quant Solar, ABL Group, NRG Energia srl, Sterling and Wilson Renewable Energy Limited, Sungrow, Scotra Co. Ltd., EnBW, Others and including other leading companies, facilitate revolutionizing the global market and promoting a secure future for the Floating Solar market.
