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Floating solar

Solar panels mounted on a structure that floats

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Far Niente vineyard in Napa Valley, California; a floating solar system (top, "flotovoltaic") erected on the winery’s irrigation pond
SolarWriter · CC BY-SA 3.0

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The systems can have advantages over photovoltaics (PV) on land. Water surfaces may be less expensive than the cost of land, and there are fewer rules and regulations for structures built on bodies of water not used for recreation. Life cycle analysis indicates that foam-based FPV have some of the shortest energy payback times (1.3 years) and the lowest greenhouse gas emissions to energy ratio (11 kg CO2 eq/MWh) in crystalline silicon solar photovoltaic technologies reported. FPV can be used to generate electricity for any application as well as to make green hydrogen via electrolysis on the same water they are floating on.

Floating arrays can achieve higher efficiencies than PV panels on land because water cools the panels. The panels can have a special coating to prevent rust or corrosion. Floating SPV also provide shade, slow evaporation and inhibit the growth of algae.

The market for this renewable energy technology has grown rapidly since 2016. The first 20 plants with capacities of a few dozen kWp were built between 2007 and 2013. Installed power grew from 3 GW in 2020, to 13 GW in 2022, surpassing a prediction of 10 GW by 2025. The World Bank estimated there are 6,600 large bodies of water suitable for floating solar, with a technical capacity of over 4,000 GW if 10% of their surfaces were covered with panels.

The US has more floating solar potential than any other country in the world. Bodies of water suitable for floating solar are well-distributed throughout the US The southeast and southern US plains states generally have reservoirs with the largest capacities.

History

American, Danish, French, Italian and Japanese nationals were the first to register patents for floating solar. In Italy the first registered patent regarding PV modules on water was issued in February 2008.

The first floating solar installation was in Aichi, Japan, in 2007, built by the National Institute of Advanced Industrial Science and Technology.

In May 2008, the Far Niente Winery in Oakville, California, installed 994 modules (175 kW) on 130 pontoons on its irrigation pond. Several small-scale floating PV farms were built over the next seven years. The first megawatt-scale plant was commissioned in July 2013 at Okegawa, Japan.

The Solar Energy Industries Association (SEIA) and GTM Research (later acquired by Wood Mackenzie) reported that 7.3 megawatts of SPV was installed in the US during 2015.

In 2016, Kyocera developed what was then the world's largest, a 13.4 MW farm on the reservoir above Yamakura Dam in Chiba Prefecture using 50,000 panels. The Huainan plant, inaugurated in May 2017 in China, occupies more than 800000 m2 on a former quarry lake, capable of producing up to 40 MW.

That same year, in the UK, which claims the largest floating array in Europe at its Queen Elizabeth II Reservoir in Walton-on-Thames; MP Alan Whitehead stated to CNBC that solar power was becoming central to his country's power production.

Global installed capacity grew from 1 GW in 2018 to 13 GW in 2022, mostly in Asia. By 2020, costs associated with floating and land-based solar had narrowed to near parity.

In 2022, China added the largest floating PV plant in the world, Huaneng Power International (HPI), a 320 MW facility in Dezhou, Shandong, expected to produce around 150 GWh annually. In 2023, global solar capacity grew by 22%, reaching 1,200 GW.

Floating panels rise in popularity during the 2020s can be attributed to its increased energy yield and efficiency, when compared to land-based systems, especially in countries where land costs and environmental impact legislation hinders development.

C.J. et al. 2024 reported that FPVs generate 0.6% to 4.4% more energy and deliver efficiency improvements ranging from 0.1% to 4.45% over its mounted solar installations.

In 2024, FPV installations withstood both Typhoon Yagi when, strengthened into Super Typhoon Capricorn, it struck Zhanjiang, Guangdong, China, and Hurricane Milton in the US . D3Energy's 10 floating installations along the path of the storm were undamaged, whereas mounted panels in Florida were widely damaged by the hurricane.

Global Industry Analysts (GIA) forecast a compounded annual growth rate (CAGR) of 33.7% in FPVs by 2026. The FPV market is expected to grow into a $10 billion industry by 2030, with a CAGR of 14.5%.

The Austrian company Swimsol installed the world's first offshore floating solar PV system at sea in 2014, a 15 kWp pilot in the Maldives developed in cooperation with the Vienna University of Technology and the Fraunhofer-Gesellschaft. In 2019, Oceans of Energy (Netherlands) installed the first offshore floating solar farm in open, rough-sea conditions in the Dutch North Sea, where it survived multiple winter storms.

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