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Solar panels floating on water are today an increasingly common sight in many different countries. What started as an extremely innovative and experimental idea seems that is here to stay.
Floating solar has shown to not only be an efficient way of producing sustainable energy, but it also presents many advantages over land-based systems, such as improved water quality, reduced evaporation and higher energy yield.
With a promising future, floating solar could double the current global installed capacity of solar PV.
In this Up Close interview, Molly Cox, Solar Analyst at Wood Mackenzie Power & Renewables, gives a snapshot of the most recent floating solar market developments, trends, and a forecast for the coming years.
Molly speaks of the growth of the European floating solar market, showing that there is diversity and a significant increase in project sizes. Molly also tackles challenges, such as the high costs of systems and overall services.