Solar energy systems based on floating structures have many advantages, both environmentally and financially. Any floating structure needs a safe and reliable anchoring solution. Marine Flex has already been used to moor several of the early floating structures more challenging environments.
Solar panels on water instead of land can removed the land rent cost.
However the benefits of floating solar panels on water come mainly in the form of increased generating efficiency. A study has determined the natural cooling effect of water beneath solar cells makes them up to 11% more efficient than solar panels placed on land.
The location of the solar cells can also make a big difference in longevity since there is a reduced risk of destruction due to wildlife, storms and earthquakes.