Statkraft moves ahead with final stage of the Banja Floating Solar Plant based on Ocean Sun’s innovative floating technology

Statkraft’s Banja Floating Solar Plant based on Ocean Sun’s innovative floating technology restarts commercial operation
April 7, 2022
Ocean Sun has signed a technology license agreement for 0.5 MWp offshore pilot in Haiyang, Shandong, China
July 7, 2022
Statkraft’s Banja Floating Solar Plant based on Ocean Sun’s innovative floating technology restarts commercial operation
April 7, 2022
Ocean Sun has signed a technology license agreement for 0.5 MWp offshore pilot in Haiyang, Shandong, China
July 7, 2022

Statkraft moves ahead with final stage of the Banja Floating Solar Plant based on Ocean Sun’s innovative floating technology

Statkraft moves ahead with final stage of the Banja Floating Solar Plant based on Ocean Sun’s innovative floating technology

On the 1st of April 2022, Banja Floating Solar Plant’s first floater started commercial operations. This project is based on Ocean Sun’s innovative floating solar technology. The first unit has an installed capacity of 500kWp. Statkraft has as of July 5th, 2022, given the Notice to Proceed to move ahead with the installation of the additional 3 rings, bringing the total installation to 2MWp. The floaters will be located on the Banja reservoir in Albania, in addition to Statkraft’s 72-megawatt hydropower plant. The system will generate renewable energy for the Albanian national electricity grid with almost 6400 solar panels.

“We are very pleased with the additional construction at the Statkraft’s Banja reservoir. It will be the first multi-ring Ocean Sun system and will position Ocean Sun toward larger utility-scale projects. We appreciate that Statkraft is paving the way for our innovative solution for floating solar and their trust in our design and performance.” says Børge Bjørneklett, CEO and founder of Ocean Sun.

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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