Magazine

FinitoWorld magazine cover featuring Taylor Swift with the headline 'Shake It Off'.

Editors Pick

Why you need to have a happy workforce

Floating Solar
26th September 2024

Floating Solar – Coming Soon

Dinesh Dhamija

 

From Dutch lakes to African reservoirs, from hydropower stations to ocean bays… floating solar power installations are among the stars of future energy generation.

 

A new study estimates that power from floating solar will reach 6GW within the next seven years, up from the present 3GW in Asia-Pacific alone. Researchers at Lancaster and Bangor University found that if the UK capitalised on its floating PV potential, it could produce as much as 2.7TW of electricity every year. A European Commission project, meanwhile, estimated that using just 2.3 per cent of the continent’s hydropower reservoirs for floating installations could generate an annual 42.3TWh.

The benefits of using hydropower reservoirs include existing power transmission infrastructure, bodies of water that are suitable for PV installations, limitation of water loss from evaporation and reduction of damaging algal blooms in reservoirs. The cooling effect of water also helps to maximise PV productivity, since solar panels can lose generating power if they over-heat.

A study conducted in 2021 on floating solar panels on a reservoir in Jordan found that they reduced evaporation by 42 per cent, while producing 425 MWh of electricity per year. In the UK alone there are around 570 reservoirs, meaning there could be a great future for the sector. “The potential gain in energy generation from FPV [Floating Photovoltaic] is clear, so we need to put research in place so this technology can be safely adopted,” said Dr Iestyn Woolway of Bangor University, who authored the report.

 

This research must understand what possible negative effects could stem from FPV installations, such as reducing aquatic life in the water due to lack of sunlight. The market for solar energy is expected to grow by 43 per cent each year, to reach $24.5 billion by 2031, according to a report from the BBC. It could help developing countries to meet their entire electricity needs: the Bangor/Lancaster University report cites Papua New Guinea, Ethiopia, Rwanda, Benin and Kiribati as examples. Others could generate much of their power through FPV.

“Solar installations are going to increase much more on water than land,” said Antonio Duarte, technical engineer at SolarisFloat, which is developing a series of projects. “Why? Because land is becoming a very precious asset.”

Countries such as Japan and Singapore are now investing heavily in floating solar installations, in response to the rising economic benefits of the technology combined with limited land availability.

Expect to see floating solar projects on water near you in the years to come.

 

Read more by Dinesh Dhamija:

 

Hard Truths About Fossil Fuels: Dinesh Dhamija’s Call to Action

 

 

Dinesh Dhamija founded, built and sold online travel agency ebookers.com, before serving as a Member of the European Parliament. Since then, he has created the largest solar PV and hydrogen businesses in Romania. Dinesh’s latest book is The Indian Century – buy it from Amazon at https://www.amazon.co.uk/dp/1738441407/

 

 

Employability Portal

University Careers Service Rankings.
Best Global Cities to Work in.
Mentor Directory.
HR heads.

Useful Links

Education Committee
Work & Pensions
Business Energy
Working
Employment & Labour
Multiverse
BBC Worklife
Mentoring Need to Know
Listen to our News Channel 9:00am - 5.00pm weekdays
Finito and Finito World are trade marks of the owner. We cannot accept responsibility for unsolicited submissions, manuscripts and photographs. All prices and details are correct at time of going to press, but subject to change. We take no responsibility for omissions or errors. Reproduction in whole or in part without the publisher’s written permission is strictly prohibited. All rights reserved.
© 2024 Finito World - All Rights Reserved.