Let’s ride the wave of floating PV
Cost-competitiveness | Risk – Environmental & Technical | Bankability
In the short span of half a decade, floating photovoltaics have evolved from a hype innovation to a widely-implemented and land-saving solution, that now even challenges traditional ground-mounted solar plants in terms of cost competitiveness. Supportive regulations in Italy, Germany, and Portugal have further accelerated the expansion of floating solar PV projects throughout Europe.
However, with complex and highly-specific technical and O&M (think: avian menace) demands, and high CAPEX & OPEX costs, serious challenges remain in keeping the FPV business case afloat. How can we continue to ride this wave of success and ensure floating photovoltaics continue their expansion and maturation throughout Europe?