SJVN Green Energy Ltd (SGEL) and Norwegian firm Ocean Sun have signed a memorandum of understanding (MoU) under which they will collaborate on deploying a pilot membrane-based floating project in India. Once this pilot project succeeds, the two companies may look forward to expanding this technology on a large scale along the vast coastline in the southern part of India.
As per the MoU, SGEL will develop and finance a pilot membrane-based floating solar project of about 2 MW at a suitable location anywhere in India. For this project, Ocean Sun will provide its patented technology and the requisite technological support.
Ocean Sun’s patented technology uses a thin membrane to float its customized PV modules. This leads to many advantages over other floating pv systems, including the overall lowest material usage of any floating PV system, enabling the lowest overall LCOE; simple and quick installation; and increased efficiency from direct water cooling.
“This MoU shall pave the way for technology transfer and cooperation amongst the two countries. Once this pilot project succeeds, the two companies SGEL and Ocean Sun can look forward to expanding this technology on a large scale along the vast coastline in the southern part of India,” stated SGEL.
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