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The Floating Solar Panel market is a subset of the Solar Power industry, which is the use of solar energy to generate electricity or heat. Floating Solar Panels are solar panels that are installed on bodies of water, such as lakes, reservoirs, and oceans. This technology has been gaining traction in recent years due to its potential to reduce evaporation, reduce algae growth, and reduce water temperature. Additionally, the use of floating solar panels can help reduce the cost of installation, as they do not require land or additional infrastructure.
Floating Solar Panels are becoming increasingly popular in countries with limited land availability, such as Japan, India, and China. In addition, the technology is being used in countries with large bodies of water, such as the United States, France, and the United Kingdom.
Some companies in the Floating Solar Panel market include Ciel & Terre, Sunengy, and Solaris Synergy. Show Less Read more