Solar energy is considered to be one of the most promising energy alternatives among many renewable energy sources. On the pathway towards achieving climate goals, dramatic scale up of clean technologies is required, however the installation of solar energy has the burden of intense land requirement. Therefore, the onset of floating solar technology can be the turning point to give incentive for more substantial deployment of solar energy, avoiding land occupancy concerns. Besides the potential of installing bodies on water, floating solar brings the benefit of an efficiency increase superior to 10 percent in relation to land based solar, depending on the solar panel technology and environmental conditions. This efficiency increase can be attributed to the natural cooling effect of the seawater, located below the solar platform.