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FSBOT

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5 May 2020
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The floating solar panels market is bifurcated into solar tracking and stationary, between which, the stationary bifurcation accounted for the larger market share in 2019. These solar panels are more cost-effective as compared to their counterparts and further have lesser effect of water currents. Additionally, restricting cost for stationary floating solar panels is also lower than that of solar tracking floating solar panels. Due to these advantages, the bifurcation is predicted to dominate the market during the forecast period as well.



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