The world’s largest PV asset owner, State Power Investment Corporation (SPIC), has commissioned the world’s first commercial offshore floating photovoltaic (FPV) power plant. The power plant, which is designed by Ocean Sun and utilizes Ocean Sun’s patented technology is also the first FPV integrated with offshore wind. Thus its successful implementation unlocks the potential of hybrid offshore powerplants greatly increasing efficiency and reducing LCOE.
“This is a true milestone for Ocean Sun, and for the floating solar industry. The successful project funded by SPIC and constructed using the Ocean Sun solution shows how the common goal of reducing greenhouse CO2 emissions will be achieved with development across borders. We are excited to continue working closely with SPIC through the Ocean Sun team based in China.”
– Says Dr. Børge Bjørneklett, CEO and founder of Ocean Sun.
The two floaters, with installed capacity of 0.5 MWp, are connected to the transformer on a SPIC-owned wind turbine and then connected to the power grid through the submarine cable of the wind farm. After completion of the pilot period and full technical and economic demonstration, it is planned to promote the use of Ocean Sun’s technology to build a floating wind-solar photovoltaic project with a total capacity of 20MW in 2023.
About SPIC
SPIC is one of the five major electricity generation companies in China, and the world’s largest photovoltaic power generation enterprise, ranking 260th among the world’s top 500 enterprises in 2022, with business scope covering 46 countries and regions.