Analysis of floating photovoltaic system with shingled modules: monitoring and economic analysis

The floating PV power system using with shingled modules to maximize power generation efficiency and its performance was analyzed through August 2020 to December 2020. The proposed system using the shingled module and its generated energy output was 20–30% more than the conventional PV system. Considering LCOE, it could be expected 22.223% reduction of LCOE and this power generation system which combines floating photovoltaic system and shingled modules is expected to have excellent economic feasibility as well as carbon reduction effects.