Ocean Sun and NHPC Limited have inked an agreement to collaborate on a 2MW floating solar demonstration project at one of NHPC's existing hydropower reservoirs.
A digital Memorandum of Understanding (MoU) signing ceremony was graced by distinguished attendees, including ambassadors from India and Norway, earlier this month.
The agreement will see the firms leveraging Ocean Sun's floating photovoltaic (FPV) technology alongside NHPC's expertise in hydropower in a project at some point this year.
Last month, Ocean Sun confirmed it had successfully completed the construction of a 250kWp floating solar demonstrator for ACCIONA Energía in Spain.
The project is located in the Sierra Brava reservoir in the region of Zorita and will be part of ACCIONA Energía’s testbed for floating solar. At site, ACCIONA Energía will test the solution in a real environment and acquire the necessary knowledge in construction, operation and maintenance, and environmental monitoring to scale up to commercial application.