by Devavrat Kadam
Largest floating solar plant in the world. (Source: yicaiglobal.com)
In the last decade, solar has experienced a compound annual growth rate (CAGR) of 60%. In addition to this, the costs to install solar have dropped by more than 60% as well. While this progress has resulted in a price war among solar companies, it has served as a great reason to innovate.