AVS Sets Bold Target of $600 Million in Solar Contracts by 2027, Riding Global Renewable Energy Momentum

AquaVolt Solutions (AVS) one of the world's fastest-growing players in floating solar technology, has announced a bold new goal: to reach $600 million in secured solar contracts by the end of 2027-a sixfold increase from its current $100 million project portfolio.

The announcement signals AVS's confidence in the rapidly expanding global appetite for renewable energy and its determination to lead the charge in the next wave of clean infrastructure investment, particularly across floating solar solutions.

"We are entering the golden era of renewable energy," said Rashid bin Saeed, Founder and CEO of AquaVolt Solutions.
"Our $600 million target is ambitious-but the world's momentum toward clean, decentralized, and land-efficient energy systems is undeniable. Floating solar is no longer a niche-it's becoming central to future energy strategies."

Current Traction: $100 Million and Growing

As of August 2025, AVS has secured over $100 million in floating solar project contracts across Southeast Asia, Africa, and the Middle East. These include large-scale reservoirs, coastal marine sites, and hybrid infrastructure aligned with national energy strategies and sustainability frameworks.

The current pipeline spans both utility-scale and industrial deployments, with an emphasis on partnerships with government agencies, water authorities, and ESG-conscious enterprises.

Having already delivered or committed to over 2,200 MW of floating solar capacity, AVS is positioning itself as a top-tier provider globally-bringing engineering, environmental finance, and operational scalability into one integrated model.

A $600M Goal Aligned With a Global Surge in Renewable Demand

AVS's $600 million goal aligns with surging global investment into clean energy, which is expected to exceed $2 trillion annually by 2030, according to the International Energy Agency (IEA).

From net-zero commitments to carbon border taxes, countries and corporations alike are accelerating their decarbonization agendas. This is especially evident in emerging markets where land availability, water infrastructure, and power demands converge-making floating solar a uniquely scalable solution.

"Floating solar sits at the intersection of technology, climate policy, and spatial efficiency," said Rashid.
"With global attention now fully turned to renewables, we believe our value proposition will only grow stronger over the next 24 months."

What Will Drive AVS's Next $500 Million

To reach the $600 million milestone by 2027, AVS will focus on three strategic pillars:

Scaling Contracts in Southeast Asia and MENA
AVS is actively finalizing multi-phase deployments in Vietnam, Indonesia, and UAE, where water-based solar aligns with national energy roadmaps. These high-impact markets are expected to contribute over $300 million toward the company's mid-term goal.
Forging ESG-Focused Corporate Partnerships
AVS is collaborating with manufacturers, ports, and mining companies seeking low-carbon energy for operational decarbonization. Tailored floating solar installations-paired with carbon offset generation-will unlock additional private sector demand.
Leveraging Carbon Credit Monetization
By integrating carbon credit trading into its solar projects, AVS is opening up new revenue streams and enhancing project ROI-making contracts more attractive to both investors and energy buyers.
Global Momentum: Floating Solar Goes Mainstream

Floating solar, once considered an experimental alternative, is now gaining mainstream global recognition for its advantages:

No land displacement, preserving agricultural and residential zones
Natural panel cooling, improving efficiency and lifespan
Grid proximity, especially near dams and reservoirs
Synergy with existing water infrastructure, such as irrigation, hydro dams, and industrial lakes
Recent endorsements from institutions like the World Bank, ADB, and IRENA have elevated floating solar in policy circles and positioned it as a solution uniquely suited for countries balancing land scarcity with clean power needs.

AVS's portfolio and IP-rich approach position it to benefit disproportionately from this trend.

AVS's Long-Term Vision: Infrastructure + Impact

The company's $600 million goal is not just about financial scale-it reflects a deeper commitment to climate impact, regional empowerment, and sustainability innovation.

"We're not chasing growth for its own sake," Rashid emphasized.
"We're building clean power infrastructure that delivers measurable environmental and economic benefits for the communities we serve."

AVS's long-term roadmap includes:

A dedicated floating solar innovation hub in Southeast Asia
Expansion into energy storage and smart water-energy systems
Development of a carbon credit exchange tailored to renewable infrastructure
Enabling 1 million tons of CO2e reduction annually by 2028 through solar-carbon projects
Conclusion: The Industry Is Rising-And So Is AVS

As renewable energy becomes a strategic priority for governments, financiers, and corporations alike, AVS is uniquely positioned to lead in the floating solar segment. Its focus on innovation, climate finance, and scalable infrastructure solutions gives it the momentum-and credibility-to meet its $600 million contract goal.

With $100 million already in hand, the next $500 million is not just a target-it's a trajectory.

About AquaVolt Solutions (AVS)

Founded in 2016, AquaVolt Solutions is a global clean energy company specializing in floating solar infrastructure and carbon-integrated solar systems. With over 2,200 MW of installed or committed capacity, AVS delivers scalable, efficient, and environmentally integrated solutions for utilities, governments, and ESG-driven corporations worldwide.

Media & Business Inquiries

Company Name: AquaVolt Solutions
Contact Person: Nick William
Email: support@aquavoltsolutions.com
Website: https://aquavoltsolutions.com
Sustainability Inquiries: corporatesustainability@aquavoltsolutions.com

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This release was published on openPR.