NewEnergyNews: UK Floats Solar

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    Friday, October 14, 2016

    UK Floats Solar

    Floating solar arrays point to bright future for clean energy

    Anmar Frangoul, October 13, 2016 (CNBC)

    “…[T]he sun could be the planet's biggest source of electricity by 2050…[and the increasingly strong appetite for solar in the UK has led to the building of what it likely] the largest floating solar panel array in Europe. The array, based in the south of England, was installed by Lightsource Renewable Energy…[and is expected] to generate 5.8 million kilowatt hours in its first year of operation…[T]he predictable nature of solar meant that it also generated a predictable revenue stream, making it an attractive investment product…[One of the key benefits to floating solar is the availability of space on city reservoirs and close to urban energy demand. Recent data shows U.S.] solar beat natural gas capacity additions for the first time ever, with 29.5 percent of all new electric generating capacity met by solar power in 2015…” click here for more

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