Researchers discovered that floating PV plants (FPV) can substantially contribute to the achievement of 2030 EU targets. It also can potentially prevent solar energy conflicts with agriculture and other potential risks.
Methods and results
Scientists from Italy and Spain used various parameters and models together with satellite data about each suitable water basin. They also estimated costs, yields, cell temperature and capacities of various floating and land PV (LPV) systems. Researchers simulated energy yields of modules by using PVWatts DC power model with data on irradiance from CAMS Radiation Service. Simulations used Trina Solar of 21.4% efficiency, inverters of 96% efficiency, and DC to AC losses of 14%. The modules were south-oriented. The PV system’s lifetime was set at 25 years.
It was discovered that FPV installations are cost-effective in certain Southern European countries. The study shows that in the Mediterranean countries, where the average amounts of sunlight are high, FPV plants can achieve up to 2% greater energy yields than land-based installations. However, some configurations don’t allow FPVs to achieve lower temperatures than LPV systems and, eventually, lead to lower energy yields. Yet, if the FPV installation costs can be reduced by less than 12%, floating PV systems can be cost-competitive to the land-based ones even in cases of underperformance. The cost-effectiveness can even be greater when FPV is combined with hydropower because in this configuration floating plants can use existing infrastructures.
The study also revealed that each additional degree of tilt angle of FPV systems is worth between 2.5 and 7.5 euros per kW. FPV systems can also produce the yield between 640 and 1688 kWh with capacity factors of 7.3 to 7.9 percent.
The future of FPV
Floating solar plants have long been treated as a go-to solution in future solar developments. Indeed, there are many advantages associated with such systems. Here are a few main ones:
- No need for site preparations and ground grading. You don’t need to install foundations and can build photovoltaic plants in areas with more complex ground conditions.
- Lower rent fees are potentially lower for on-water sites.
- There is no competition with agricultural land.
- FPV can also reduce evaporation rates and save water for other necessary operations (e.g. hydropower).
- FPV also benefits from the cooling effect from water and produces higher yields.
However, all these benefits still depend on the location and legislature of an area and are not universal.
You might also be interested in:
December 12, 2024
Why Locational Marginal Pricing (LMP) data is essential for solar development?
Locational Marginal Pricing (LMP) data helps solar developers forecast profitability, minimize financial risk, and optimize site selection. Let’s break down what LMP data is, its…
December 11, 2024
PVcase product updates — November highlights
With PVcase November updates, you can achieve faster, more accurate results today — no need to make them your New Year’s resolutions. Dive into the major updates from the PVcase…
December 9, 2024
The importance of quality GIS data for solar site selection
Discover the impact of high-quality GIS data on solar site selection. Learn how parcel data, grid capacity, and LMP data optimize solar project development, reduce risks, and…
December 2, 2024
Consequences of extreme weather events: can we still afford it?
Floods, hurricanes, wildfires — whether we want them or not, extreme weather events have become the new normal. This year alone, there have been 24 billion-dollar weather…
November 14, 2024
Fail fast, succeed faster: the developer’s guide to streamlining solar projects with early-stage development software
Discover how solar developers thrive by adopting the 'fail fast, succeed faster' approach. Explore the role of early-stage development software, such as PVcase Prospect, in…
November 11, 2024
PV plant performance: challenges and solutions for large-scale solar projects
Large-scale PV plants are essential for the global transition to renewable energy. Their successful deployment and operation require addressing various challenges related to site…
November 7, 2024
From hours to minutes. The role of automated solar design software in solar projects
Extended timelines, inefficiency, and many different tools for solar projects are things of past. With automated solar design software you can reduce 50% time spent on layout…
October 30, 2024
How to design PV systems on complex roofs?
Discover how to navigate roof complexities, conduct effective site assessments, and uncover best practices with PVcase Roof Mount software while designing on complex roofs.
October 25, 2024
Understanding the importance of siting with Capacity information
Find out what Capacity is, why it matters, and how PVcase offers solar developers a tool that makes a real difference in the siting process.
October 10, 2024
Net energy metering: how does it work and what are the benefits?
Learn about net metering, how it works and its benefits for renewable energy users and the grid.
October 9, 2024
Solar lease vs. buy: which is better?
Explore the benefits and drawbacks of leasing or owning solar panels to determine the best option for your renewable energy needs.
October 8, 2024
Solar energy vs. fossil fuels: what’s the difference?
Want to understand the differences between solar energy and fossil fuels? Explore the pros and cons, including their environmental impacts and financial considerations.
October 7, 2024
Is solar power truly renewable or nonrenewable?
Discover whether solar energy is considered renewable or nonrenewable and explore the benefits of solar power for a sustainable future.
October 6, 2024
Understanding on-grid solar systems. Powering homes and businesses
Find out how grid-tied solar systems work, their advantages and why they're popular for homeowners and businesses looking to harness solar energy efficiently.
October 4, 2024
Solar energy vs. wind energy. Pros and cons
Discover whether solar energy is considered renewable or nonrenewable and explore the benefits of solar power for a sustainable future.