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03.05.2024

Floating Solar Photovoltaic - A Rising Tide of Innovation and Virtual Reality Based Training Simulators on Energy Efficiency for MSME Workforce Opportunity

GIZ, in collaboration with IIT Madras, organised a one-day roundtable discussion on Floating Photovoltaics (FPVs) under the Indo-German Solar Energy Partnership – Innovative Solar (IGSP IN-Solar) project. This initiative aims to explore innovative solar deployment opportunities essential for achieving India’s 500 GW renewable energy target by 2030.  

Floating PV has been identified as a key technology under the IGSP IN-Solar project. A recent GIZ study estimated a potential of 206 GW of floating solar in India; however, adoption remains slow due to various challenges.  

To address these barriers, GIZ and the School of Sustainability at IIT Madras convened experts from government, academia, think tanks, developers, financiers, and multilaterals for a focused discussion. The roundtable explored ways to maximise FPV’s benefits, mitigate challenges, and develop an actionable roadmap for large-scale deployment.  

The discussions at IIT Madras have laid a strong foundation for future initiatives, fostering collaboration and innovation in India's floating solar sector.

For more information, contact Ms. Komal Bai – komal.bai(at)giz.de.