Explain the Global Floating Solar Energy Market?

Answer 1

Nobody believes that. If you mean the chinampas-style solar panels on rafts/boats, I don't know if they're useful.

Answer 2

The global cumulative installed capacity of floating solar plants was 675.389 MW in 2017, and is expected to reach 4127.567 MW by 2024, while actuating at an estimated CAGR of 30.7% from 2018 to 2024. The growth is primarily attributed to the difficulty faced in land acquisitions and increased efficiency of solar panels due to cooling effect of water. Moreover, rising investments in R&D by key players, along with various government initiatives to promote the adoption of floating solar technology are expected to augment the market demand over the forecast period.