MoU between M/s Ocean Sun and NHPC for Floating Solar Energy Technology

National Hydroelectric Corporation (NHPC) Limited signed MoU with M/s Ocean Sun, Norway for Floating Solar Energy Industry.

Recently, National Hydropower Corporation (NHPC) Limited signed MoU with M/s Ocean Sun, Norway to act as technology provider for floating solar power industry industry. Are.

Main Point

  • As per this agreement, NHPC and Ocean Sun will explore key areas of collaboration for the demonstration of Ocean Sun’s floating solar power technology based on photovoltaic panels.
  • Will be installed on hydro-elastic membranes at relevant sites identified by NHPC.
  • This agreement is in continuation of the efforts to enhance sustainable development and renewable energy capacity by NHPC, which is engaged not only in hydro power development but also in various renewable energy projects like solar, wind and green hydrogen projects.

About NHPC (National Hydro Power Corporation Limited)

  • One of the major hydro power generating companies of India. It is a Navratna Central Public Sector Undertaking, established in the year 1975.
  • It is completely owned by the Central Government and comes under the Ministry of Power.
  • It has 24 multipurpose projects (hydropower projects, boat routes and irrigation) in operation across the country, with a total installed capacity of about 7000 MW.
  • Headquarters: Faridabad, Haryana
  • Along with the generation of electricity, it is also involved in activities such as tourism and fishing.
  • It is also active in research and development activities in hydropower and renewable energy sector.

About M/s Ocean Sun

  • It is a major Norwegian maritime company.
  • The company was established in 1972 and is headquartered in Stavanger, Norway.
  • Activities: Ocean Sun’s main activity is to supply marine vessels and offshore units to the marine oil and gas sector. It designs and builds drilling rigs, platforms, multipurpose support vessels and other marine vessels in the oil and gas sector.
  • International presence: Ocean Sun has a global presence and serves its customers all over the world. Its offices are located in Norway, Singapore, USA and other countries.
  • Ocean Shipping: The company is also active in the ocean shipping industry and operates a variety of cargo ships.
  • Technology: Ocean Sun particularly specializes in high technology marine vessels and offshore construction.
M/s Ocean Sun, which has entered into agreement with NHPC Limited, belongs to which country?

It is a major Norwegian maritime company.

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