FPV Market Overview & Technology Update

premium account

Recording of Tuesday, June 18, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 12:42 .

Global Floating PV Market Sees Significant Growth, Reaching 7 GW Milestone Led by Asian Markets and Emerging Hybrid Projects

In this session, Stanislas Merlet from Multiconsult provides an overview of the global floating solar PV market. He highlights that although post-lunch sessions might not be the most productive, it's essential to stay engaged. With a background in PV since 2008, working for Norway’s engineering consultancy firm Multiconsult—known for its extensive work in renewable energy including floating solar PV—Merlet shares key insights. Multiconsult's history is rooted in Norwegian hydropower with over a century of operation and significant activity across Africa for more than five decades. Floating Solar PV has experienced substantial growth over the past decade, reaching 7 gigawatts globally by 2023—a mere 0.4% of total installed capacity but indicative of potential expansion. Asia dominates this segment with China leading followed by Japan, South Korea, and several Southeast Asian nations such as Indonesia and Vietnam. Europe accounts for about 7%, driven mainly by developments in the Netherlands (50%) and France (20%). The Middle East & Africa contribute around 5%, notably Israel. Technologically speaking, float-to-float connections still dominate at over 70% global capacity primarily due to large projects in Asia and China specifically starting around mid-2010s. Recent trends point towards larger projects outside China like Indonesia's Sirata project (192 MW peak) highlighting hybrid models combining hydropower reservoirs with floating PV systems becoming prominent globally—from Portugal to various parts of Asia—and even combinations involving offshore wind are emerging strongly particularly spearheaded within Europe exemplified by Italy’s upcoming development efforts combining both resources effectively making headway into integrated renewable solutions worldwide.

Automated summarization by AI Conver

Stanislas Merlet
Senior Consultant Solar PV
Multiconsult
Norway

Floating photovoltaics (FPV) is an established alternative PV power plant application for regions with space constraints and for bodies of water that need protection from pollution and evaporation. The total FPV onshore deployment is expected to reach a double-digit GW output soon. That is why the industry is turning its attention to the vast potential of offshore installations. Despite considerable technical progress, much still remains to be done - from standardization, cost reduction, to environmental assessments and social acceptance - before FPV becomes widely accepted.

The session will discuss:

  • Market & technology developments
  • On and offshore case studies
  • Biodiversity research results
  • Yield and cost comparison FPV vs. traditional PV power plants

Further Talks of this session:

Speaker

Michele Tagliapietra
Head of Product Management Floating-PV
BayWa r.e.
Belgium

To Talk

Speaker

Jasper Lemmens
Senior Consultant
DNV Netherlands B.V.
The Netherlands

To Talk

Speaker

Dr. Anna Heimsath
Head of Department "Analysis PV Modules and Power Plants"
Fraunhofer Institute for Solar Energy Systems ISE
Germany

To Talk

Speaker

Michele Tagliapietra
Head of Product Management Floating-PV
BayWa r.e.
Belgium

To Talk

Speaker

Dr. Benjamin Lehner
CEO
Dutch Marine Energy Centre
The Netherlands

To Talk

To Talk

Further Content
Webinar
Growth of the European Solar Market, Specifically, Romania

February 24, 2026

Webinar: EU Solar Market Overview with Focus on Romania

Webinar Collection
Mixed Investment Solar Projects in Mexico: The 54% Model Explained

January 29, 2026

Mexico has introduced a new mixed investment scheme for renewable power generation, requiring a minimum 54% direct or indirect participation by CFE.

Adriana Fricke, Robin Berg
Has Vehicle-to-Grid Reached the Tipping Point?

The smarter E Podcast Episode 248 | Language: English

February 5, 2026

Why 2026 could be a turning point for bidirectional EV charging – from regulation to large V2G fleets in Europe.

Webinar
Mexico’s commercial and industrial solar thermal: from potential to projects

February 19, 2026

Discover Mexico’s C&I solar thermal market, opportunities, trends and successful projects

The smarter E Europe Conferences 2025
Digital Tools for Planning and Monitoring: Insights from Mozambique

Wednesday, May 07, 2025, 02:00 pm - 03:30 pm

The smarter E Europe Conferences 2025 | Conference Program

premium account

This session explores how digitalization is revolutionizing off-grid energy projects, enabling scalability and efficiency in underserved areas. Experts will discuss cutting-edge solutions based on the use and application of digital tools to support planning, development, and operations ultimately enhancing affordability. Attendees will gain insights into leveraging digital tools for optimized planning and project management, customer engagement, monitoring, and sustainable growth. Real-world case studies will highlight successful implementations, showcasing how technology bridges the gap between innovation and impact in energy access.

You are using an outdated browser

The website cannot be viewed in this browser. Please open the website in an up-to-date browser such as Edge, Chrome, Firefox, or Safari.