Floating Solar

Turn unused water bodies into power plants. Iconic Renewable designs, supplies and installs floating solar systems for industrial and commercial consumers — generating clean energy without acquiring a single acre of land.

Floating Solar

Maximum Returns from Every Water Body

Floating systems benefit from natural water cooling, which improves panel efficiency compared to conventional ground-mount installations — all without acquiring land or disrupting existing water use on reservoirs, irrigation ponds, or industrial water bodies.

CAPEX ownership model — full asset ownership from day 1
OPEX/PPA model — zero capital, pay per unit generated
Group captive model for multi-location enterprises
Corrosion-resistant HDPE floats engineered for long-term water exposure
Natural water cooling improves panel efficiency vs. ground-mount
Accelerated depreciation benefits available under the Income Tax Act for commercial entities
Floating solar installation on water

Zero Land Acquisition

Utilise existing water bodies — reservoirs, irrigation ponds or industrial water tanks — without buying or leasing additional land.

Improved Panel Efficiency

Natural water cooling typically improves panel output compared to conventional ground-mount systems in India's climate.

Financing

Choose Your Investment Model

CAPEX Model

100% Asset Ownership

You invest in the floating solar system upfront and own all power generated. Maximum long-term savings, accelerated depreciation benefits, and full asset value on your balance sheet.

  • 100% asset ownership from day one
  • Maximum savings across the system's full life
  • Accelerated depreciation benefits under the Income Tax Act
  • Bank loan facilitation support

OPEX / PPA Model

0% Upfront Capital

Iconic Renewable installs, owns and maintains the floating solar system. You pay a fixed per-unit rate — typically lower than DISCOM tariffs — for the power you consume, with zero upfront investment.

  • Zero capital requirement
  • Immediate bill savings from day one
  • O&M managed by Iconic Renewable
  • 15–25 year PPA structure
VS
Floating Solar

Turn idle water into clean power

Iconic designs, builds and maintains floating solar plants on underused water bodies. You get solar capacity without giving up a single acre of land.

  • Uses the water surface, so land stays free for farming or industry
  • Water beneath the array helps keep modules cooler
  • Panel cover can reduce evaporation from the water body
  • Modular, repeatable construction for predictable schedules
999 kWp floating plantKochi, Kerala

From water-body survey to daily monitoring

One team handles every stage of a floating plant, so nothing gets lost between design, build and operation.

  1. 01

    Site & water-body survey

    We check water depth, level variation, shading and access first, so the array is planned around the water body and not forced onto it.

  2. 02

    System design

    Our in-house structural and civil engineers model the layout, string configuration and energy yield before anything is ordered.

  3. 03

    Approvals & PPA support

    Regulatory approvals and environmental compliance run alongside design, and we help structure a bankable PPA.

  4. 04

    Floats, mooring & procurement

    Tier-1 modules and durable floating structures come through our global supplier network and are inspected before dispatch.

  5. 05

    Installation & grid connection

    Array assembly on water, cabling, inverters and power evacuation infrastructure, built with multi-disciplinary grid integration.

  6. 06

    Commissioning & O&M

    After commissioning: cloud dashboards, predictive maintenance, warranty management and automatic robotic cleaning.

Delivered in Kochi, Kerala

A floating solar plant built on water, ready to generate from day one.

Capacity
999 kWp
Location
Kochi, Kerala
Client
Oriana Power Ltd. | TrueRE
Type
Floating solar
810MW+Solar EPC installations
~531MWOperating capacity
10+ yearsLeading EPC projects
0 LTIAcross 72,000 safe manhours

Certified to ISO 9001, ISO 14001 and ISO 45001.

WhatsApp Chat Icon