The bizarre fusion of water and electricity may gain a lot of attention this year as the world’s latest innovation is set to sail throughout. Floating solar, a relatively new concept was first heard in 2008 when the first patent of this technology was signed. Since then, the world has seen a flourishing growth in its installation. The demand for clean electricity, especially the one generated using a renewable energy source is on the rise. However, many countries are failing to suffice with the amount of land these installations require. Hence, the increasing demand for ‘floating solar installations’ comes into action.
Floating solar, also known as floating photovoltaic (FPV), is any sort of solar array that floats on top of a water body, typically an artificial basin or a lake. The “floatovoltaics” as referred to by some, are a promising revolution towards the path of sustainable energy. The technology has blossomed gradually since a decade ago from California, to more than a hundred sites, with the first public floating solar system company (Ceil & Terre) being set up in California, USA.
Some key players in the market include Sharp Corporation, Kyocera Corporation, SPG Solar, Inc., Yingli Solar, Trina Solar Limited, Novaton AG.
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