Ocean Sun Launches NOK 15-20 Million Share Issue to Scale Floating Solar Globally

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Ocean Sun Launches NOK 15-20 Million Share Issue to Scale Floating Solar Globally

Published:
Ocean Sun Launches NOK 15-20 Million Share Issue to Scale Floating Solar Globally

Public Share Issue is Live

May 2026 – Ocean Sun AS has launched a public share issue raising between NOK 15-20 million in support of the company’s next phase of growth in floating solar. Applications are open from 27 May through 10 June 2026. The company has already secured NOK 9.9 million in pre-commitments from existing investors.

The capital raise will support Ocean Sun’s two-engine business model : scaling turnkey floating solar projects for island resorts and commercial customers, while also expanding utility-scale licensing partnerships across Asia, India, and Brazil.

The share issue follows a significant commercial milestone for the company. In December 2025, Ocean Sun commissioned a 2 MWp floating solar system at a luxury resort in the Maldives that cut the resort’s energy costs by 50% and eliminated 90% of diesel consumption. Ocean Sun is currently pursuing an active pipeline of similar resort projects.

In addition, a recent strategic partnership with ACEN-Silverwolf should position Ocean Sun to capture near-term revenue while building a presence in the global utility-scale floating solar market.

 

 

How to Subscribe?

Subscribing is straightforward and can be carried out online here: LINK or by downloading and completing the application form below, then email it to retail@fearnleys.com or send it by post to Fearnley Securities (address provided in the documents).

All applicants need a VPS account (a Norwegian securities account that can be opened with any Norwegian bank). Eligible foreign applicants can also use a local nominee account. Please contact your local bank or exchange for an eligible VPS account.  The prospectus contains full details on eligibility, account setup, and the application process.

 

For questions, please Contact:

Fearnley Securities:

  • Email: retail@fearnleys.com
  • Phone: +47-22936000
  • Address: Dronning Eufemias gate 8, 0191 Oslo, Norway
  • Website: www.fearnleysecurities.com

Further information on the share issue, including terms, risk factors, and application process are available on Ocean Sun’s investor page. Questions regarding the offering can be directed to Fearnley Securities at +47-22936000 or retail@fearnleys.com.

 


Karl Lawenius
CFO
kl@oceansun.no
+47 456 33 881

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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