Supplier

Ocean Sun, inspired by Norway's rich maritime heritage, stands at the forefront of innovative renewable energy solutions with its patented floating power system. Pioneering a unique technology, we employ solar panels mounted on a thin hydroelastic membrane, leveraging the cooling effect from the water to enhance the power output of solar modules. This groundbreaking approach allows us to offer renewable energy solutions at globally competitive cost levels, marking a significant stride towards a sustainable energy future. Since our inception in 2016, Ocean Sun has successfully installed systems worldwide, transcending challenging waters from the coastal expanses of Norway to diverse locations such as Albania, the Philippines, Singapore, and China. Our technology's adaptability to local conditions ensures the lowest Levelized Cost of Energy (LCOE) among Floating Photovoltaic (FPV) solutions, whether deployed in inland waters, hydropower reservoirs, nearshore, or offshore environments. Listed on Euronext Growth Oslo in October 2020 under the ticker OSUN, Ocean Sun has strategically positioned offices in Oslo, Singapore, and Shanghai. Our vision is to boldly address global energy needs with sustainable solutions that align with our commitment to environmental responsibility. At the heart of our business model lies a robust intellectual property portfolio, including patents and patent applications in major markets. Operating as a technology provider, Ocean Sun offers license agreements to developers and independent power producers worldwide. Our in-house naval architects tailor the system design to local conditions, ensuring optimal performance. Installation is executed by third-party contractors using local workforces, emphasizing cost-effectiveness while adhering to our method statements and applications for operation and maintenance. Ocean Sun's solution utilizes readily available materials, providing flexibility in choosing from world-leading suppliers. This approach guarantees high-volume deliveries at competitive prices on a global scale. Committed to pushing the boundaries of innovation in renewable energy, Ocean Sun is poised to play a vital role in shaping a sustainable and greener future.