ABOUT OCEAN SUN

Inspired by Norway’s maritime heritage Ocean Sun has developed a patented solution for a floating power system with solar panels mounted on a thin hydroelastic membrane. Our technology offers renewable energy at world-beating cost levels, thanks to the cooling effect from the water which increases the power output from the solar modules.

Working towards a renewable energy future, we have installed systems world wide, from the rough coastal waters of Norway the technology has spread to Albania, the Philippines, Singapore, and China. The design can easily be adapted to local conditions, and therefore offers the lowest LCOE (Levelized Cost of Energy) of any FPV solution available, no matter if you are deploying it on benign inland waters, hydropower reservoirs, nearshore or even offshore.

Founded in 2016, the company listed on Euronext Growth Oslo in October 2020 under the ticker OSUN. With offices in Oslo, Singapore and Shanghai, Ocean Sun is working towards its vision to be a bold solution for our global energy needs.

Our business model

Ocean Sun owns an IPR portfolio, including patents and patent applications in all major markets. We operate as a technology provider, offering license agreements to developers and independent power producers around the world. Our inhouse naval architects design the system based on local conditions. Guided by our method statements and applications for installation and O&M, installation is carried out be third part contractors’ with local work force, ensuring cost effectiveness.

The Ocean Sun solution uses readily available materials, with the flexibility to choose between several world-leading suppliers ensuring high volume deliveries at competitive prices world-wide.