Norwegian company Ocean Sun has signed an agreement to provide its floating solar technology for utility-scale floating PV projects in Greece and Cyprus.
A collaboration with developer MP Quantum Group will see the companies initially build a 2-4MWp pilot project, before moving on to larger-scale installations at both inland reservoirs and offshore locations.
Following completion of the demonstration project, the partners are looking to develop a minimum of 100MWp per year of floating projects in the two countries.
A license agreement allows MP Quantum to develop the plants using Ocean Sun’s floating technology, which is based on a thin polymer membrane that is used to mount PV modules.
“Floating solar is an excellent fit for the energy markets in Greece and Cyprus, with good irradiation, water resources and a commitment from authorities to push for the renewable energy transition,” said MP Quantum Group chairman Yiannis Alafouzos.
For Ocean Sun, the collaboration follows the recent announcement of a pilot project off the coast of Spain’s Canary Islands that will be used to analyse how the company’s technology performs in high waves.
Image: Ocean Sun.