Redesigned and engineered to be cost competitive, SPG Solar Floatovoltaics makes it possible for commercial, industrial and government users with little available rooftop or land space to float solar on water, providing triple benefits: energy savings, water savings and environmental benefits. Using proven and cost effective floating technology, fresh water irrigation ponds, lakes, or reservoirs become revenue-generating, power producing platforms.
Floatovoltaics has changed the way solar power is now considered, making it an option where never before possible, said SPG Solar CEO and President Chris Robine. Now, customers around the world can install a floating system that is priced competitively to ground based, single axis tracking solar systems.
When available open space is limited, Floatovoltaics provides a water-based solution. Where water is at a premium, the system offers significant conservation benefits:
- Reduces water evaporation up to 70 percent;
- Improves water quality by providing coverage from the sun that minimizes algae growth and reduces the need for harsh water treatment chemicals, and
- Provides shade below the panels, lowering the water temperature; and improving power output from the solar panels.
The Floatovoltaics power generating system works the same way as in all other photovoltaic installations. It is quality engineered for a system lifetime of 20+ years, features no moving parts and requires limited maintenance.
Floatovoltaics technology is anticipated to be particularly valuable for agribusinesses, water agencies, wastewater treatment facilities, and utilities; among other applications.