Floating solar photovoltaics (FSPVs), also known as floatovoltaics, do not require land and will play a major role in the renewable sector in the coming years. FSPVs float on bodies of water, including reservoirs, hydroelectric dams, artificial lakes, industrial or water treatment plants, and lagoons.
• Another advantage of FSPVs is their ability to conserve water in water bodies by preventing evaporation.
• The analysis covers the technology landscape of FSPVs, and major innovations. The technology landscape analyzes the major components unique to the FSPV, including floating supports, anchoring and mooring systems, and offshore cable routes.
• It also covers innovations in sun-tracking systems for floating solar power plants including the drivers, restraints, and growth opportunities for adopting FSPVs.
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