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Ocean Sun inks deal to deploy utility-scale floating PV plants in Greece and Cyprus

Sunday, April 4 2021

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.

 

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Filed Under: Floating PV plant, International News, Renewables Tagged With: Cyprus, Greece, Ocean Sun, utility-scale floating PV plants


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