Press release
Germany Floating Solar Panels Market: Technological Advances, Capacity Trends & Market Forecast 2025 - 2031 | Top Companies are BayWa r.e., RWE, and Suntech Deutschland GmbH.
Germany floating solar panels market reached US$2.56 million in 2024 and is expected to reach US$18.45 million by 2032, growing with a CAGR of 28% during the forecast period 2025-2032.According to DataM Intelligence has published a new research report on "Germany Floating Solar Panels Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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➣ Recent Developments:
✅ October 2025: A 1.8+ MW vertical floating solar plant was commissioned in Bavaria. Using east-west vertical panels, the installation covers less than 5% of the lake surface while reducing grid electricity consumption by nearly 70%.
✅ 2024-2025: A major national pilot on an artificial lake in Saxony tested floating PV performance, durability, and environmental impact, using nearly 200 floating modules.
✅ 2024: Construction began on Germany's largest floating solar project on Cottbuser Ostsee, targeted at ~29 MW capacity to power more than 8,000 households annually.
✅ Several industrial companies installed onsite floating solar systems on quarry and mining lakes to support self-consumption, with new 3 MW-class projects delivering multi-million kWh of clean energy each year.
➣ Latest Mergers & Acquisitions:
TotalEnergies acquired VSB Group, strengthening its position in European solar, wind, and battery-storage markets.
ONGC NTPC Green completed the acquisition of Ayana Renewable Power, expanding its renewable footprint across utility-scale solar and wind assets.
Nextracker acquired multiple companies, including a pre-assembled electrical balance-of-system supplier and a steel-frame technology firm, boosting its manufacturing and supply-chain capabilities.
ABB acquired the power-electronics and energy-storage division of a major turbine manufacturer, expanding its renewable-energy conversion and storage solutions portfolio.
➣ Top Industry Players:
BayWa r.e., RWE, and Suntech Deutschland GmbH.
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➣ Key Segments:
By Type: Stationary Floating Solar Panels, Tracking Floating Solar Panels
By Capacity: Below 5 MW, 5 MW - 50 MW, Above 50 MW
By Technology: Monocrystalline Silicon, Polycrystalline Silicon, Thin Film, Others
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