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D3Energy Secures Exclusive Statewide Floating Solar Lease with Florida DOT
By MGN Editorial•May 19, 2026 at 06:00 PM
D3Energy has announced an exclusive master lease agreement with the Florida Department of Transportation, granting the company sole rights to develop floating photovoltaic systems on FDOT-managed water bodies across the state.
## D3Energy Lands Landmark Floating Solar Deal with Florida DOT
Miami-based D3Energy, which bills itself as the U.S. leader in floating solar technology, has unveiled what it describes as the nation's only exclusive statewide floating solar lease, according to a company announcement released via PR Newswire on May 19, 2026.
Under the agreement, D3Energy holds sole development rights for floating photovoltaic (FPV) systems on water bodies managed by the Florida Department of Transportation (FDOT), marking a significant milestone in the deployment of renewable energy infrastructure across the state's extensive waterway network.
### Implications for Maritime and Waterway Infrastructure
The deal carries notable implications for Florida's maritime and inland waterway sectors. FDOT oversees a broad portfolio of water-adjacent and water-based assets, including retention ponds, canals, and other managed water bodies that could serve as viable platforms for floating solar arrays. By securing exclusive statewide rights, D3Energy positions itself as the primary renewable energy developer across this infrastructure corridor.
Floating solar technology — in which photovoltaic panels are mounted on buoyant platforms anchored to the beds of water bodies — has gained traction globally as a dual-use solution that generates clean energy while reducing water evaporation and limiting algae growth. For port authorities and maritime operators, FPV systems represent a growing opportunity to offset energy costs and meet sustainability targets without consuming valuable land-side real estate.
### Strategic Significance
The exclusive nature of the lease is particularly noteworthy. Statewide master agreements of this kind are rare in the renewable energy sector, and the arrangement effectively locks in D3Energy as FDOT's sole FPV partner for the foreseeable future. The company has not disclosed the full financial terms or the projected generating capacity of planned installations.
For Florida's maritime industry — which encompasses major ports at Miami, Port Everglades, Tampa, and Jacksonville — the broader rollout of floating solar across state-managed waterways could signal a shift in how public water infrastructure is leveraged for energy generation, potentially informing similar initiatives at port-adjacent facilities.
D3Energy's announcement comes amid growing interest from U.S. port authorities and coastal states in integrating renewable energy solutions into waterfront and water-based infrastructure as part of wider decarbonisation strategies.
*Source: PR Newswire / D3Energy*
#floating solar#renewable energy#Florida#waterway infrastructure#photovoltaic#port decarbonisation#FDOT#clean energy
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