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Case

Green financing

Climate COP

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Floating solar power park in India

23 September 2025
Floating wind by PensionDanmark and Copenhagen Infrastructure Partners (CIP) near Unicus, India

Solution providers

PensionDanmark
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Copenhagen Infrastructure Partners (CIP)
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Photo credit: PensionDanmark

Challenge

India is undergoing rapid urbanisation and industrial growth, leading to rising energy demand. To meet its climate commitments and reduce dependence on fossil fuels, the country has set ambitious targets for renewable energy deployment. However, finding available land for large-scale solar installations in densely populated areas remains a challenge. In parallel, ensuring community support and local benefits is essential to secure long-term viability and social license to operate.

“It was important to get support from the local community. The social initiatives focused on two local schools that served nearly 250 students. Efforts here were conducted in collaboration with the village leader and school staff.”

Solution

As part of its strategy to invest in scalable renewable energy projects in emerging markets, PensionDanmark has committed approximately 24% of its investment in Copenhagen Infrastructure Partners’ (CIP) New Markets Fund I (GMF I). This fund has entered into a partnership with AMP Energy India to develop renewable energy projects across the country. One of the key initiatives under this collaboration is a 140 MW floating solar power plant located on the reservoir of the Omkareshwar Dam in the state of Madhya Pradesh. The plant began operations in 2024.

By placing solar panels on a water surface rather than land, the project addresses land-use constraints while also reducing water evaporation from the reservoir. The energy generated is integrated into the local grid with support from Rewa Ultra Mega Solar Limited (RUMSL), a joint venture between the Indian central and state governments that provides evacuation infrastructure for renewable energy projects.

Engagement with the local community has been a central component of the project. Social initiatives were designed and implemented in collaboration with village leaders and school staff, focusing on two local schools attended by approximately 250 students. These efforts aimed to improve educational facilities and create a positive local impact linked to the renewable energy project.

India Denmark Energy green strategic partnership

India and Denmark: Energy – a strategic green partnership with global potential

How one of the world’s largest countries and one of the smallest join forces to create a new era of just, green transition. India and Denmark’s Green Strategic Partnership paves the way for green growth and new business opportunities. Explore green energy solutions and start the journey today.

Discover the partnership

Result

Although it is still too early to evaluate the long-term performance of the floating solar plant, the project is already contributing to India’s renewable energy capacity and supporting the country’s transition away from fossil fuels.

The floating installation demonstrates a practical solution to land availability challenges and highlights how clean energy projects can be designed with local community engagement in mind.

The collaboration between Danish and Indian public and private stakeholders exemplifies cross-border cooperation in advancing sustainable energy systems in new markets.

Denmark at COP30

This case is part of the Denmark Pavillion at COP30 in Bélem, Brazil. Discover more projects, activities and connect with solution providers at the official Danish representation at the UN Climate Change Conference 2025.

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