Published on : Feb 01, 2016
Recently, it was announced that the construction of the largest floating solar plant in Europe had started. This plant will be constructed on top of the Godley Reservoir in the United Kingdom. Currently, the international firm from Japan, Kyocera is working on the largest floating solar power plant. The company announced that it will be building a solar power plant of capacity 7.5 MW atop the Umenokifurukori reservoir. Brazil too had announced in 2015, a phenomenal 350 MW pilot project for its Balbina hydroelectric plant and Australia witnessed the installation of a 4MW PV system on top of a wastewater treatment facility in South Australia. The U.S. and India too are planning to construct such floating solar plants in the near future.
This shows that increasingly countries around the world are realizing the potential of floating solar panels and investing significantly in projects to build these solar floating plants. Although there are several advantages of these panels that are driving the global floating solar panels market, there are certain disadvantages too.
Advantages of Floating Solar Plants
Disadvantages of Floating Solar Plants
Although there are many disadvantages of these panels, the market for the global floating solar panels is projected to demonstrate a significant growth due to the several advantages associated with it.