Construction underway for 24MW floating PV plant in India

Facebook
Twitter
LinkedIn
Reddit
Email
The installation is the latest for India's slowly growing floating PV ecosystem. Credit: KSEB

India’s floating solar market is poised for a boost after the construction of a utility-scale installation began in the Tamil Nadu state.

Greenam Energy, the renewable unit of conglomerate AM International, is now working to deploy 24MW worth of floating capacity at an industrial reservoir in the city of Tuticorin, on India’s southern tip.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The facility will power a factory complex owned by SPIC – one of AM International’s fertiliser maker companies – and sell the excess electricity to state-owned utilities.

Ashwin Muthiah, founder and chair of AM International, took to Twitter to convey his “pride” at the launch of construction works. Speaking to local media after laying the plant’s foundation stone, Muthiah described southern India’s tropical, water-abundant environment as “ideal” for floating solar.

The installation is the latest of a growing number in India’s floating PV ecosystem. In Tamil Nadu, it could be followed in Tamil Nadu by a further 250MW tendered in the southern state last month by the Solar Energy Corporation of India, which is eyeing a 10GW pipeline across the entire country.

Outside the state, further projects have become operational or lie at various development stages in Andhra Pradesh, Himachal Pradesh, Jharkand, Kerala, Rajasthan, among other territories.

Together with China and Southeast Asia, India was last November found by the World Bank to be spearheading global growth of floating solar, from 10MW in late 2014 to 1.1GW in September 2018.

At US$0.83 to US$0.92 per megawatt, Indian installations were the cheapest in World Bank rankings. Japan, where costs reached US$3.12/MW, was the most expensive market.

Read Next

August 29, 2025
Chinese module maker JA Solar has launched DesertBlue, a PV module designed for desert and semi-arid regions. 
August 29, 2025
US grid interconnection agreements grew by 33% in 2024, reaching 75GW, with three-quarters signed for solar PV and battery energy storage system (BESS) projects, according to a new report from energy market analyst Wood Mackenzie.
August 29, 2025
Meridian Energy and Nova Energy have established a JV to build and operate a 400MW solar plant in Rangitaiki near Taupo in New Zealand.
August 28, 2025
State-owned firm Electricity Generating Authority of Thailand (EGAT) has launched a tender for the construction of a 280MW floating PV (FPV) project.
August 28, 2025
Indian solar manufacturing firm INA Solar has broken ground on its fourth 4.5GW cell production plant in Narmadapuram, Madhya Pradesh.
August 28, 2025
Boviet Solar has completed exterior construction work on its 3GW PV cell manufacturing facility in Greenville, Pitt County, North Carolina. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines