| Strategic Indicator | Current Position | Business Implication |
|---|---|---|
| Leading Country | China | Hosts nine of the world’s ten largest floating solar projects. |
| Fastest-Growing Market | Vietnam | Cited as the fastest-growing floating solar market in Asia-Pacific. |
| Notable World-Largest Project | Omkareshwar (India) | 600 MW project set to be the largest FPV plant globally. |
| Asia-Pacific Global Share | >85% | Share of installed floating solar capacity concentrated in Asia. |
Report Coverage
Verified Market Sizing
Multi-layer forecasting with historical data and 5–10 year outlook
Deep-Dive Segmentation
Cross-sectional analysis by product type, end user, application and region
Competitive Benchmarking & Positioning
Market share, operating model, pricing and competition matrices
Actionable Insights & Risk Assessment
High-growth white spaces, underserved segments, technology disruptions and demand inflection points
Floating solar has emerged as a land-constrained alternative to ground-mount solar deployment, with particular traction in markets that combine high population density with extensive reservoir and hydropower dam infrastructure, allowing developers to co-locate PV capacity with existing grid connection points.
The database tracks project-level detail including host water body, installed or planned capacity, developer, and hydropower co-location status, with country breakdowns highlighting the concentration of capacity in China alongside growing pipelines in India, South Korea, and Southeast Asia.
Floating Solar Capacity by Country (approx., MW)
Looking ahead, Untapped Markets expects floating solar deployment to accelerate across land-constrained Asian markets, with China, India, Vietnam and South Korea driving the bulk of new installed capacity through the next decade.
The Global Floating Solar Projects Database is developed using a structured, multi-source research process designed to ensure accuracy and consistency across every tracked record.
The research team defines the full universe of floating solar projects to be tracked within scope, drawing on regulatory filings, industry association membership lists, company disclosures, and prior desk research to establish an initial master list.
Each record is populated using primary sources including company announcements, regulatory and permitting filings, government databases, and, where available, direct outreach to operators and developers, cross-checked against secondary sources such as industry reports and trade press coverage.
Records are standardized into a consistent schema covering location, capacity or scale, ownership, operational status, and timeline detail, allowing like-for-like comparison across all covered countries and regions.
The database is reviewed on a periodic basis to reflect newly announced projects, status changes, and ownership updates, with the 2026 reference year reflecting the most recent verified data snapshot at time of publication.
It catalogues floating photovoltaic installations on reservoirs, hydropower dams, and other water bodies worldwide, spanning operational, under-construction, and planned projects to 2026.
China hosts nine of the world ten largest floating solar projects, with India, Vietnam, South Korea, and other Southeast Asian markets forming the fastest-growing pipelines.
Yes, projects paired with existing hydropower dams are tracked separately, including capacity, host water body, and grid connection reuse detail.
Yes, India 600 MW Omkareshwar floating solar plant, set to be the largest FPV installation globally, is tracked alongside other leading mega-projects.
Developer and EPC contractor profiles are included at the project level for companies active in floating PV deployment across Asia and beyond.
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