Long popular in Asia, floating solar is catching on in the US

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Long popular in Asia, floating solar is catching on in the US
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Floating solar panel farms are beginning to boom in the United States, attractive not just for their clean power and lack of a land footprint but because they also conserve water by preventing evaporation.

An array of solar panels float on top of a water storage pond in Sayreville, N.J., Monday, April 10, 2023. Floating solar panel farms are beginning to boom in the United States after rapid growth in Asia. They're attractive not just for their clean power and lack of a land footprint, but because they also conserve water by preventing evaporation.

A study published in the journal Nature Sustainability in March found that thousands of cities -- more than 6,000 in 124 countries -- could generate an amount equal to all their electricity demand using floating solar, making it a climate solution to be taken seriously. In the process, they could save roughly enough water each year to fill 40 million Olympic-sized swimming pools.

A report by London-based Fairfield Market Research says the region currently accounts for 73% of revenue from floating solar and “spearheads the global landscape,” but predicts that policy incentives in North America and Europe will spur significant growth. The world’s largest array so far is the 320 MW Dezhou Dingzhuang Floating Solar Farm in Shandong, China. North America’s largest, by comparison, is a fraction of that — 8.9 MW at the Canoe Brook Water Treatment Plant in Millburn, N.J., owned by New Jersey Resources Clean Energy Ventures, which operates utility-scale commercial as well as residential solar systems across the Northeast.

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