Govt holds stakeholder consultation on draft floating solar policy

The Indian government recently conducted a stakeholder consultation to discuss a draft policy aimed at promoting floating solar energy projects. This initiative is grounded in a comprehensive report on the potential of floating solar technology, prepared by the National Institute of Solar Energy (NISE). The policy itself has been developed by IIT Roorkee, reflecting a collaborative effort to harness renewable energy resources in the country. Floating solar systems offer significant advantages, including reduced land use and enhanced efficiency due to cooler water temperatures. As India seeks to expand its renewable energy portfolio and meet its climate targets, this policy could play a crucial role in tapping into the vast potential of water bodies across the nation. The consultation involved various stakeholders, including industry experts, environmentalists, and government officials, ensuring that diverse perspectives are integrated into the final policy framework. This move aligns with India's broader commitment to achieve substantial growth in solar energy generation, thereby contributing to sustainable development and energy security.