Performance Analysis of Single Axis Tracking and Floating Solar Panel for Domestic usage

Technology is currently making a quantum leap towards meeting the growing demand for knowledge, resources, and the desire to improve the status quo. As a result, there is a massive build-up of cache, non-recyclable waste, and emissions in the atmosphere. To counteract these unfavorable outcomes, we have swapped our ways of exploiting natural resources and fossil fuels to other sources and renewable energy. Solar energy is the third most prevalent of these after Hydro-power and Wind energy, since it is the most common renewable energy source for energy production and consumption, and there are also numerous ways to enhance solar energy. However, since there are cascading losses, the expected result can only be achieved by minimizing these losses with sufficient add-on. For example, for a panel, the solar tilt angle, the temperature, shadow casting, site of installation, etc are the factors that can cause loss if not dealt with accuracy. Along with the essential regulations, additional equipment like tracking systems, floating panels, as well as integrating other technologies with the systems can improve efficiency. In this paper, the performance of a solar panel with single-axis tracking and a floating panel with a tracker is evaluated for domestic usage. The findings, effectiveness, and any defects that may exist are discussed.