Humans have been floating on water for thousands of years, so perhaps it was inevitable that they would build solar plants on it, too.
Floating photovoltaics have already delivered 1.1 gigawatts of installations worldwide, according to the World Bank. That’s a small slice of the broader solar industry, which now installs close to 100 gigawatts a year. That said, floating solar excels in markets where land is scarce or otherwise unavailable, and that tracks well with major growth markets for the solar industry, analysts noted at GTM’s Solar Summit in Scottsdale last week.
