Floating solar, an increasingly popular form of renewable energy, offers obvious environmental benefits. Primarily, it provides a clean alternative to fossil fuels as well as cost savings in many cases, but there are other unique benefits relative to other solar array configurations.These benefits include reducing water evaporation in drought-prone areas, fighting harmful algal blooms, limiting ground disturbances during installation, and preserving water quality. These are all important reasons to invest in floating solar. However, there are also major economic benefits, and businesses are starting to take note.Let’s investigate how your business can start cutting overhead with floating solar.Lower Energy Costs Means Lower OverheadThe most obvious, and attractive, benefit of switching to solar power for business owners is lower energy costs. Business owners are always looking for ways to reduce overhead, but those costs—supplies, rent, insurance and, yes, utilities—are often fixed or difficult to reduce substantially.Solar energy can change that, though. Research from Energy Sage found that commercial property owners pay about $1,950 in energy costs each … [Read more...] about Reduce Your Overhead Costs with Floating Solar
Learn about floating solar power with long-form analysis, academic research, and other deep content.
According to the World Economic Forum, floating solar power systems (“floating photovoltaics,” “FPV,” or adorably, “floatovoltaics”) have been in use for a little over a decade. However, with its fast-paced growth and availability of attractive solutions continuing to rise, we have already begun to see a shift from the novel, "early adopter" installations to projects across the globe now clamoring to claim their floating solar site the world’s largest, if only for a fleeting moment of glory before the next gargantuan project is approved.As the demand for alternative renewable energy sources continues to grow, let’s take a look at some of the most notable floating solar projects to date.The Rise of FloatovoltaicsAlthough floating solar may have taken a while to catch on, floating solar installations today can be found all across the globe and have significantly grown in numbers as well as capacity. In fact, over the last few years, more than 100 plants have begun to operate.This sudden growth is due in part to growing friction in land-scarce countries such as Japan, where the widespread use of solar power is largely hindered by constraints to land acreage, and the … [Read more...] about Successful Floating Solar: Examples From Around the World
With the solar energy market rapidly expanding, more people are exploring the possibility of “going green.” As a result, alternative business models like community solar are gaining popularity and increasing access to clean solar energy.As a simple idea that enables people to get low-priced and clean electricity, community solar provides huge growth potential for all sorts of solar companies. It can sometimes even make the difference between a utility losing or retaining its customers. Today, communities across the United States continue seeking alternatives to conventional energy sources, with community solar showing up as a leading approach. Whether you’re a community organizer, utility manager, solar energy advocate or just curious about alternative energy solutions, let’s take a closer look at how community solar programs work.Why Community Solar?The Solar Energy Industries Association defines community solar programs this way: "Community solar" refers to local solar facilities shared by multiple community subscribers who receive credit on their electricity bills for their share of the power produced."Community solar can refer to both … [Read more...] about Understanding Community Solar Programs
Over the past decade, state policies promoting renewable energy development have been on the rise in the country, providing states with various options to encourage the generation of renewable electricity.Due in part to the U.S. rapidly shifting away from coal-fired power plants, many utilities are turning to natural gas, another fossil fuel, leading government analysts to project that it may account for more than 40 percent of new electric generation going online between 2021 to 2050. However, because of leaks in gas fields and pipelines, methane isn’t as climate-friendly as once expected.As it turns out, these shifts in electricity generation come at a crucial time. In fact, according to the United Nations Intergovernmental Panel on Climate Change, one key to avoiding the detrimental consequences of globally rising temperatures is a pivot away from fossil fuels toward more renewable forms of energy to limit carbon emissions. It’s something that a number of states have already initiated.States Advancing SolarRenewables are projected to be the nation’s fastest-growing source of electricity in coming years, with solar-generated electricity alone expected to grow … [Read more...] about State Policies and Solar Energy
Floating photovoltaic power generation (FPV, "floating solar," or "floatovoltaics") is an up-and-coming sector of the solar power market. It provides an alternative to traditional roof-mounted and ground-mounted systems, which eat up valuable real estate, are often hindered by onerous permitting and compliance obligations, and can face backlash from both homeowners’ associations and land conservation activists.As states keep building momentum toward wider adoption of clean energy, local and federal incentives are making this emerging technology increasingly affordable. These programs use various mechanisms to spur investment in clean energy, and two of the most common are net metering and feed-in tariffs.Let’s examine the difference between net metering and feed-in tariffs.What is Net Metering?Net metering is the most common way that utilities compensate solar energy users and producers (who are often, but not always, the same party). Currently, 40 states, plus the District of Columbia, have mandatory net metering rules.The majority of energy meters in the United States are bi-directional, meaning they can measure energy consumption and production. When the … [Read more...] about Solar Net Metering vs. Feed-In Tariffs: What’s the Difference?