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Story summary
- Tata Power and Ocean Sun signed a 300 kW floating solar pilot at Mulshi reservoir.
- The agreement was signed on 7 Oct 2026 at the 2nd India-EFTA Prosperity Summit.
- Ocean Sun’s membrane system mounts PV modules on a thin hydro-elastic membrane floating on water.
- Tata Power will compare the pilot’s generation, CUF, reliability, O&M, and cost with conventional floating PV.
- India’s PM-SSY scheme allocates $7 billion (US$531.7 million) for 5 GW floating solar with co-located BESS.