Draft:Offshore solar

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Offshore solar refers to the installation of solar panels on bodies of water in the ocean, ports, bays, or estuaries. Offshore solar installations take two main forms, floating offshore solar and fixed-bottom offshore solar. Floating solar systems support solar panels on floating platforms moored to the seafloor; fixed-bottom solar systems support the panels on a rigid structure resting on the ocean floor. [1] [2] Offshore solar is an emerging alternative to land-based solar power deployments that provides new options for powering coastal communities and facilities with clean energy, especially in large coastal cities and island communities where land availability is severely constrained. This market has accumulated growing interest from major industry stakeholders, namely the National Renewable Energy Laboratory (NREL) found that offshore solar had 40x more energy potential than offshore wind (85 TW vs. 2TW). [NREL-BOEM study] Offshore solar also has promising levelized cost of energy (LCOE) potential with floating solar estimated at $54/MWh ($50 Euro/MWh). [3]