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Global floating photovoltaic projects over 1GW

Global floating photovoltaic projects over 1GW

  • 2018-11-04

According to the world bank,where sun meets water report, as of the end of September, the total installed capacity of floating photovoltaic power stations in the world is 1.1 GW, which is a major milestone in the development of photovoltaic market since the ground photovoltaic solar energy entered the market in 2000.

"If there is any sign of land-based photovoltaic development, floating solar can at least grow rapidly and benefit from the cost reduction brought about by land-based photovoltaic deployment," the report said.


World Bank experts outlined three scenarios for the potential growth of floating solar energy:


In the first more conservative scenario, they believe that floating PV will account for 1% of the world's man-made freshwater reservoirs, with a potential installed capacity of 400 GW. Of these, 101 GW will be in Africa, 126 GW in North America and 20 GW in Europe, 116 GW in the Middle East and Asia, and 36 GW and 5 GW in South America and Australia, respectively.


In the second more favorable scenario, the proportion of fresh water surface occupied increased to 5%, with a global potential of 2022 GW. Africa accounted for 506 GW, North America 630 GW, and the Middle East and Asia accounted for 578 GW. The best option proposed by the authors of the study envisages a potential 4044 GW, which could be achieved if 10% of the available sites in the world use floating solar energy.


The report points out that the cost of floating photovoltaic power generation is still slightly higher than that of ground mounted photovoltaic power generation, and the additional cost is mainly related to the demand for buoys, mooring equipment and more flexible electrical components.


"The total capital expenditure for a turnkey floating PV installation in 2018 is generally between $0.8 and $1.20 per unit, depending on the location of the project, the depth of the water body, the change in depth and the size of the system," the world bank said.


Source: electromechanical network【 jidian.cn ]

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AnHui TopSolarPower Tech. Co., Ltd (“TopSolarPower”) is the brand withover 1GW installed worldwide as of December 2019.Founded in 2004 by Bernie Zhou, TopSolarPower is offering PV system residential applications, floating PV plant.As a innovation in the solar industry, TopSolarPower possesses a dynamic team which consists of over 100 employees. Offering a wide range of solutions and services,TopSolarPower is committed to providing clean power for all and is steadfast in its efforts to becoming the global member of clean power conversion technology.

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