Floating PV is a solar panel system designed with the same components as ground-mounted photovoltaic systems. The primary difference lies in the installation method: the panels are mounted on a platform that floats on water bodies such as lakes, reservoirs, ponds, or even the ocean.
Beyond its potential to generate clean energy from the sun, this technology also mitigates water evaporation. Research indicates that Floating PV can reduce water evaporation by up to 80%.
Simultaneously, the water provides a cooling effect on the PV panels, lowering their operating temperature by 5°C to 10°C on hot, sunny days. This thermal regulation significantly boosts electrical generation efficiency.
Furthermore, Floating PV contributes to improving energy access in rural areas. It avoids land-use conflicts between agricultural activities and solar energy generation—a sector that typically requires approximately 10 m² of surface area to generate 1 MWh of energy.
Although Floating PV is an innovative concept, it has rapidly evolved into a mature and reliable technology with large-scale commercial application. Following the first project of its kind in Japan in 2007, it took only six years to reach the installation of the first Floating PV plant with a 1 Megawatt (MW) capacity. Current estimates project that the global installed capacity of Floating PV systems will exceed 4.8 GW by 2026.