Floating solar photovoltaic (FPV) installations are projected to grow significantly, with a total capacity of 77 GWdc expected worldwide by 2033, according to Wood Mackenzie’s Floating Solar Landscape 2024 report. The Asia-Pacific (APAC) region dominates the FPV market, contributing 81% of global developments and an anticipated 57 GWdc of the capacity over the next decade.
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