Ocean Sun to build 2MW floating solar project for Statkraft in Albania

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Statkraft said it may add floating PV to further locations if it proves successful (Credit: Ocean Sun)

Ocean Sun has been hired by utility giant Statkraft to build a 2MW floating solar installation at the Banja reservoir, in central Albania.

Pending final regulatory approval, the deal sealed between the Norwegian duo should see four 0.5MW PV units delivered between this year and next, at total costs of €2.3 million.

The installations represent the first major commercial contract for Ocean Sun, a floating PV specialist founded in 2016 and backed since by grant money from Innovation Norway and others.

The firm believes its design of choice – sea-anchored, thin-polymer membranes that can be towed around to adapt to the water environment – acts as a buffer against strong winds and other sources of mechanical stress. Contact with water helps cool off solar cells and boost performance compared to ground-mounted units, Ocean Sun said.   

The floating park, supported under Albania’s feed-in-tariff programme, will sit at the reservoir that has hosted Statkraft’s 73MW hydropower plant since 2016.

According to Statkraft CEO Christian Rynning-Tønnesen, the floating PV technology may be rolled out across further locations if “it is proven successful” and achieves its “potential for cost-competitiveness.”

For the Norwegian utility, the news on Albania emerges amid a broader drive to take its PV portfolio past the 2GW mark by 2025. The goal, to be mostly delivered through European projects, has seen the firm sign PPAs with Iberian projects including BayWa r.e.’s.

Ocean Sun's CFO Bard Johansen and Statkraft's SVP for Solar are confirmed speakers at PV Tech's Large Scale Solar Summit, taking place in Lisbon on 26-27 March. See here for more information and tickets. 

Read Next

March 4, 2021
The US’ largest floating solar farm has been completed in the city of Healdsburg, California.
March 2, 2021
Abu Dhabi-based renewables company Masdar has a “significant ambition” to expand its clean energy portfolio in Southeast Asia, a company executive has told PV Tech.
February 22, 2021
Pathfinder Clean Energy (PACE) has created a new solar development and project acquisition business, PACE Poland, targeting an initial 100MWp in the country.
February 9, 2021
There exists a significant opportunity for developers to capitalise on Portugal’s upcoming solar auction to deploy floating PV on the country’s reservoirs, according to panellists speaking at the Solar Finance and Investment Europe online event.
February 5, 2021
Chenya Energy is planning to further expand its floating PV (FPV) portfolio following the completion of the world’s largest offshore solar plant, a 181MWp project off the west coast of Taiwan.
February 4, 2021
EDF Renewables has started construction of its first floating solar project, a 20MW installation co-located with the Lazer hydroelectric plant in south-eastern France.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021