In what will be "the world's largest array" of floating solar power, Japan will incorporate the rise in demand for the use of solar energy.
The floating solar power has several advantages including cost efficiency, since it is cheaper to use water rather than renting or buying land. The panels also have the capacity to be "hidden from public view" so that they do not obstruct any beautiful or important views. They also prevent water evaporation which would be good for areas that are susceptible to droughts and will restrict algal blooms which have a negative effect on water. Because the water they are placed on is cool, the floating solar panels are also more efficient than land-based solar panels.
With the the rise in global temperatures comes the need to preserve and protect water and these floating solar panels will help in this process.
What's Driving This Trend
- Floating Solar Panel Installation
- The demand for floating solar panels could lead to the creation of new installation and maintenance industries.
- Low-cost Renewable Energy
- The low cost of using water surfaces for solar energy production could encourage more investment in renewable energy solutions.
- Efficient Solar Panel Technology
- The development of floating solar panels with greater efficiency could lead to more widespread adoption of solar energy in the future.
Who This Affects Most
- Renewable Energy
- The demand for clean energy sources is driving the growth of industries supporting solar, wind and other sustainable energy technologies.
- Water Conservation
- The use of floating solar panels may encourage investment in industries developing technologies to preserve and conserve water in regions prone to droughts.
- Panel Manufacturing
- The growing demand for solar panels may lead to a surge in the solar panel manufacturing industry as more countries invest in solar energy technology.
