NHPC Limited, a prominent player in India’s renewable energy landscape, has taken a significant stride towards sustainable development by entering into a strategic partnership with Ocean Sun, a leading Norwegian technology provider in the floating solar industry.
The Memorandum of Understanding (MoU) signed between NHPC and Ocean Sun signifies their shared commitment to explore and implement innovative floating solar energy technology across select sites in India. Under the terms of the MoU, NHPC will collaborate with Ocean Sun to demonstrate the efficacy of its floating solar energy solution, which involves photovoltaic (PV) panels mounted on a hydro-elastic membrane. The signing ceremony, conducted in a hybrid mode, saw the participation of key stakeholders from NHPC and Ocean Sun, including V.R. Shrivastava, Executive Director (REGH) of NHPC, and Kristian Tørvold, CEO of Ocean Sun. The event, held at the Embassy of Norway in New Delhi, was graced by the presence of esteemed dignitaries, including May-Elin Stener, Ambassador of Norway to India, and H.E. Dr Acquino Vimal, Ambassador of India to Norway.
Through this collaboration, NHPC aims to leverage Ocean Sun’s cutting-edge technology to harness solar energy potential in water bodies, thereby diversifying its renewable energy portfolio. By deploying floating solar installations, NHPC seeks to optimise land use and overcome constraints associated with traditional ground-mounted solar projects. The partnership with Ocean Sun underscores NHPC’s strategic vision to embrace innovation and advance renewable energy solutions in line with India’s ambitious clean energy targets. With the government’s emphasis on promoting renewable energy adoption, collaborations of this nature are poised to accelerate the transition towards a sustainable and eco-friendly energy ecosystem. As NHPC and Ocean Sun embark on this transformative journey, they are set to pave the way for broader adoption of floating solar technology in India, contributing significantly to the nation’s renewable energy capacity and fostering environmental stewardship. This strategic alliance exemplifies the convergence of expertise and ingenuity aimed at driving positive change and ushering in a greener, more sustainable future.
