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An international research team has assessed the worldwide status and potential of inland floating photovoltaic (FPV) installations, including analysis of the use of trackers and bifacial solar panels. An international research team has assessed the worldwide status of inland floating photovoltaic (FPV) installations to support FPV investment decision-making, including discussions about the use of trackers, diverse tilt angles, and bifacial solar panels to boost yield. The research provides insights on the status of the deployment of FPV systems worldwide, and includes use of trackers and bifacial panels, according to Carlos D. Rodríguez-Gallegos, corresponding author of the research. The insights cover electrical performance and yield, but also the FPV influence on water and electricity savings for multiple countries. “This was made possible by leveraging the largest global databases of FPV installations, over 1,100 systems as of 2022, alongside the largest worldwide reservoir database applied in FPV,” Rodríguez-Gallegos told pv magazine. Indeed, the research team used a Solar Energy Research Institute of Singapore (SERIS) FPV global database of inland commercial installations with 1,142 systems as of 2022, and they used another database of reservoirs, both natural and artificial, maintained as part of the SERIS Geographic Information System (GIS) platform, covering a total area of 2,220,623 km2. Referring to the SERIS FPV global database, the group said that it had been maintained by SERIS for over eight years, and that it is “likely the largest database of its kind” as it contains the information on FPV systems in operation totaling 5.9 GW by the end of 2022. The researchers found that almost 90% of installed FPV capacity is in Asia and that the leading country for FPV is China with “almost half of the cumulative installed” capacity. “The dominance of East Asian regions, namely mainland China, Taiwan, Japan, and South Korea, is thanks to their attractive feed-in tariffs, ambitious renewable energy targets, and regulations that favor FPV. Nevertheless, other regions, namely India and Israel, have been catching up since 2019 and are now within the top 10 regions,” they said. It was also noted that since 2013, “the median size of FPV plants has grown from 0.09 MW to 1.40 MW in 2022, while the median power density has increased from 82 W/m2 to 123 W/m2 in the same timeframe.” The team analyzed the historical trends in FPV system size, float types and suppliers. They noted that China-based Sungrow and French floating PV specialist Ciel et Terre had supplied more than 100 projects by the end of 2022, but based on average project size Sungrow was more than three times bigger at 9.4 MW. Installation cost declines are ongoing over time. “We noted that FPV systems can be economically viable under the right project conditions. For example, one project in India had a Capex as low as $0.41/W, which demonstrates that FPV can be competitive with other renewable energy options,” said Rodríguez-Gallegos. The group investigated global FPV potential in terms of capacity, energy production, and water saving for a variety of tilt angles, tracking configurations, as well as the use of bifacial panels. For example, they listed ten different types of FPV setups with a variety of fixed tilt angles, horizontal and vertical axis tracking, single- and dual-axis, and diverse orientations. It estimated that by “installing FPV on 10% of the area of 249,717 inland reservoirs, FPV capacity could reach up to 22 TW and could fulfill the whole global electricity consumption and up to 5% of the world’s water demand.” Looking ahead, the researcher said the group intends to focus next on offshore FPV applications, investigating the “energy potential, design considerations, costs, and operational and maintenance (O&M) challenges.” The paper “Global Floating PV Status and Potential,” is published in Progress in Energy. It had contributions from researchers at Singapores SERIS and the National University of Singapore (NUS), as well as Escuela Superior Politécnica del Litoral in Ecuador, Hong Kong Polytechnic University, Concordia University, Canada and Deakin University, Australia. |
