Ocean Sun and Keppel has entered a Technology License Agreement

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Ocean Sun has signed a technology license agreement for 0.5 MWp offshore pilot in Haiyang, Shandong, China
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Ocean Sun is pleased to welcome Ivar Blekastad as Chief Operating Officer (COO)
September 16, 2022

Ocean Sun and Keppel has entered a Technology License Agreement

Published:
Ocean Sun and Keppel has entered a Technology License Agreement

Ocean Sun and Keppel have signed an agreement for a 1.5 MWp floating PV project to be deployed near Jurong Island in Singapore. Further background for the project can be found in the Keppel Corporation Media release:

https://www.kepcorp.com/en/media/media-releases-sgx-filings/keppel-to-pilot-singapores-first-membrane-based-nearshore-floating-pv-system-at-jurong-island/

See also Strait Times: https://www.straitstimes.com/singapore/floating-solar-panels-at-sea-part-of-spores-6m-investment-in-clean-energy-tech-on-jurong-island

About Keppel Infrastructure

Keppel Infrastructure (KI) is a wholly-owned subsidiary of Keppel Corporation, a Singapore flagship multinational company providing solutions for sustainable urbanisation. KI provides solutions for some of the world’s most pressing challenges through its power & gas, environment, and new energy businesses by leveraging its proprietary technology, strong technical expertise and proven operating capabilities.

KI has a track record of developing energy and environmental infrastructure end-to-end, including power generation assets, waste-to-energy (WTE) facilities, large-scale district cooling systems, as well as NEWater and desalination plants. In Singapore, it operates a 1,300-megawatt high efficiency gas-fired combined cycle power plant and a utility pipe rack and pipe line network in Jurong Island. It is also Singapore’s leading electricity retailer, and the first and largest district cooling systems developer and service provider. Globally, through Keppel Seghers, it is one of the leading WTE technology providers with more than 100 project references in 20 countries. KI is expanding its presence, in Singapore and overseas, in areas such as power generation, waste management, district cooling, renewables and energy storage, electric vehicle charging infrastructure and other clean energy opportunities. For more information, please visit www.kepinfra.com

About Keppel Energy Nexus

Keppel Energy Nexus (KEN) is the developer, owner and operator of a network of integrated utilities and sustainable energy solutions. It develops, owns and operates an extensive pipeline corridor on Jurong Island in Singapore, delivering competitive and sustainable energy solutions such as steam, de-mineralised water, fire-fighting water and other support services from the Keppel Merlimau Cogen plant to its customers. KEN also offers other energy solutions such as distributed solar PV and infrastructure that help customers decarbonise their operations.

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.
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