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Floating Solar PV Market – Unlocking a USD 6.9 Billion Powerhouse by 2035

The floating solar PV market surpassed USD 6.9 billion in 2025 and is on track to reach USD 41 billion by 2035, reflecting strong momentum in global renewable energy adoption. Growing at an impressive pace through 2026-2035, the industry is benefiting from increasing demand for land-efficient solar solutions. Asia Pacific is expected to lead the market with a 52.4% share by 2035, driven by widespread reservoir-based solar projects, ambitious utility decarbonization goals, and limited land availability across the region.

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