Berlin-based renewable energy firm Q Energy has secured €50mn in debt finance to complete work on Europe's largest floating solar farm, set to power up next year.
The plant is already under construction at the site of a former quarry in the Haute-Marne region of France, comprising 134,649 floating solar panels.
Floating solar arrays, deployed on man-made reservoirs or lakes that aren't used for recreation, could help alleviate land-use issues.
Floatovoltaics offer distinct advantages over land-based PV, including increased efficiency due to cooling effects of water and reduction in evaporation.
#floating-solar #renewable-energy #sustainable-technology #eu-energy-policy #solar-power-innovations
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