Onshore Floating Solar Market Competitive Landscape: Key Players in Focus

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The global onshore floating solar market is on the rise due to increased demand for renewable energy solutions and the optimization of land use for solar power generation in the forecast period 2024-2028.

TechSci Research’s report, “Global Onshore Floating Solar Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028,” highlights the significant growth of the global onshore floating solar market. This growth is driven by the escalating demand for sustainable and renewable energy solutions, aligning with global efforts to reduce carbon emissions and transition to cleaner energy sources. Onshore floating solar emerges as a viable and innovative option, particularly in regions with limited available land, as it optimizes land use.

Research Report: https://www.techsciresearch.com/report/onshore-floating-solar-market/20435.html 

Onshore floating solar installations offer several advantages, including increased energy production efficiency, reduced water evaporation, and minimized environmental impact. Technological advancements and cost reductions in solar photovoltaic systems further contribute to the market’s expansion. Governments, businesses, and investors recognize the potential of onshore floating solar in achieving energy transition goals, leading to its development and adoption on a global scale.

The market is undergoing a transformation driven by environmental imperatives, technological advancements, and energy diversification initiatives. Onshore floating solar, harnessing solar energy through photovoltaic panels on water bodies, addresses the challenge of limited terrestrial space for traditional solar installations. This approach utilizes underutilized water bodies, such as lakes and reservoirs, offering a dual solution for clean energy generation and freeing up terrestrial space for other purposes.

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Continuous advancements in solar technology, including floating platforms, anchoring systems, and enhanced solar panel efficiency, contribute to the feasibility and attractiveness of onshore floating solar installations. Government policies, subsidies, tax incentives, and regulatory frameworks play a pivotal role in accelerating global adoption. The integration of onshore floating solar with energy storage systems and the rise of hybrid renewable energy projects further enhance the market’s growth.

The report emphasizes the dominance of photovoltaic (PV) modules in the onshore floating solar market, attributing it to continual advancements in solar technology, increased efficiency, and cost-effectiveness. The Asia-Pacific region emerges as the dominant force in the market, driven by proactive adoption of renewable energy solutions, favorable government policies, and significant investments in onshore floating solar projects.

Major companies operating in the Global Onshore Floating Solar Market are:

  • Ciel & Terre International
  • Kyocera Corporation
  • Wärtsilä Corporation
  • Infratech Industries
  • Floating Power Plant A/S
  • Statkraft
  • SPG Solar
  • Swimsol GmbH
  • Ocean Sun AS
  • Principle Power, Inc.

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Customers can also request 10% free customization on this report.

The report concludes that the global onshore floating solar market is undergoing a transformative path, contributing significantly to the global transition towards sustainable and resilient energy solutions.

TechSci Research’s report, “Onshore Floating Solar Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component (PV Modules, Lightning Protection System, Anchoring System, Inverter, Others), By Type (Stationary, Tracking), By Application (Irrigation, Hydroelectric Dam, Water Treatment, Quarry and Mining), By Region, By Competition,” provides in-depth insights into the market’s future growth potential, statistics, market structure, and emerging trends. The report aims to provide cutting-edge market intelligence for decision-makers, identifying essential drivers, challenges, and opportunities in the global onshore floating solar market.

Get a Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=20435 

About Techsci Research

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity, and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high-value market research and advisory services that help them identify new market opportunities, growth engines, and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends.

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