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Energy and water poverty are two main challenges of the modern world. Most developing and underdeveloped countries need more efficient electricity-producing sources to overcome the problem of potable water evaporation. At the same time, the traditional way to produce energy/electricity is also responsible for polluting the environment and damaging the ecosystem. Notably, many techniques have been used around the globe, such as a photovoltaic (PV) cooling (active, passive, and combined) process to reduce the working temperature of the PV panels (up to 60 °C) to improve the system efficiency. For floating photovoltaic (FPV), water cooling is mainly responsible for reducing the panel temperature to enhance the production capacity of the PV panels, while the system efficiency can increase up to around 30%. At the same time, due to the water surface covering, the water loss due to evaporation is also minimized, and the water evaporation could be minimized by up to 60% depending on the total area covered by the water surfaces. Therefore, it could be the right choice for generating clean and green energy, with dual positive effects. The first is to improve the efficiency of the PV panels to harness more energy and minimize water evaporation. This review article focuses mainly on various PV and FPV cooling methods and the use and advantages of FPV plants, particularly covering efficiency augmentation and reduction of water evaporation due to the installation of PV systems on the water bodies. [ABSTRACT FROM AUTHOR]

Our research aims to achieve dual-positive effects in the presented study by raising photovoltaic (PV) panels over the water surface. With this, target experiments were primarily conducted to evaluate the efficiency increments of the PV panel while reducing its operating temperature through passive convective cooling obtained by raising it over water. The following objective was to estimate the reduction in water evaporation due to the shading effect induced by the panel placed inside the same basin. The performance of two PV panels was analyzed, one used for tests, the other as a reference. The characteristic curves were determined under the local environmental conditions of Cagliari, Italy. The true temperature reduction and efficiency gain calculations of panel P1 due to water cooling was achieved via the measured temperatures and calculated efficiencies of panel P2 at environmental conditions. The water height inside the basin was constantly monitored and maintained at approximately 7.5 cm below panel P1, which covered about 17% of the total water surface area. The presence of water underneath P1 leads to its efficiency increment on average by 2.7% (absolute) and about 17.22% (relative). At the same time, temperature of panel P1 dropped by 2.7 °C on average. The comparative water evaporation study conducted with and without P1 inside the basin showed a 30% reduction in water evaporation. [ABSTRACT FROM AUTHOR]