A new report by Climate Risk Horizons (CRH) says Tamil Nadu can generate 3.5 GW from floating solar systems on 57 reservoirs. This shift could save over ₹16,000 crore in five years and reduce reliance on costly coal power. It also supports the state’s goal of 50% renewable energy by 2030 and early carbon neutrality.

BulletsIn

• 3.5 GW floating solar capacity possible on 57 TN reservoirs
• ₹16,000+ crore savings projected over five years
• 7,777 MU electricity yearly at ₹3.16/kWh vs coal at ₹7.12/kWh
• Phasing out 1.68 GW coal could save ₹3,211 crore/year
• TN aims 50% renewable energy, 20 GW solar by 2030
• FPV reduces land use, curbs reservoir water evaporation
• Helps cut TANGEDCO’s losses, ₹6,920 crore in FY24
• TNPDCL bears ₹90,000 crore of restructured ₹1.8 lakh crore debt
• Caution urged on ecological zones, local water-use rights
• Experts say FPV boosts investment, jobs, and green targets