New Wave Media

September 7, 2021

Ocean Sun, Partners Get Norwegian Gov't Green Funds

Credit: Ocean Sun

Credit: Ocean Sun

Norwegian floating solar tech company Ocean Sun has received, through its participation in consortiums Scatec and Norsk Hydro, the Norwegian government green funds.

The funds have been granted through the Green Platform, a new initiative that gives companies and research institutes funding for research and innovation-driven green growth. The purpose of the initiative is to create green jobs and a more sustainable future.

The consortium between Ocean Sun - Scatec and has been awarded NOK 79 million to develop the world's first large-scale hybrid hydro and floating solar power plant.

At the same time, the partners will develop a platform for planning, dimensioning, design, optimization, and operation of hybrid power plants. In addition to Ocean Sun and Scatec, Prediktor, SINTEF Energi, IFE and Solenergiklyngen are also part of the consortium.

The second Ocean Sun consortium, AluGreen, led by Norsk Hydro, will explore, develop, and pilot high-value circular Aluminum (Al) products, based on recyclable aluminum and renewable energy. The total grant for the consortium is NOK 77 million. Ocean Sun is part of a work page focusing on Subsea cables for energy distribution together with Hydro, Nexans, Metalco, Statnett and the research institutions Sintef and NTNU.


Marine Technology Reporter’s August 2021 eMag edition is all about Hydrographic: the people, the tech, the solutions.
Read the Magazine Sponsored by

Survey Once, Reuse Many Times

Marine Technology Magazine Cover Nov 2021 - Ocean Observation: Gliders, Buoys & Sub-Surface Networks

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news