Consortium backs floating offshore solar power development

Dec. 21, 2023
SolarDuck has secured further funds for its offshore floating solar power technology development. 

Offshore staff

ROTTERDAM, the Netherlands — SolarDuck has secured further funds for its offshore floating solar power technology development. 

The company aims deploy more than 1 GW of offshore-generated solar electricity by 2030.

An international consortium of Katapult Ocean, Green Tower, Energy Transition Fund Rotterdam and Invest-NL will provide the cash injection.

According to SolarDuck, its technology can be applied in regions where there are long periods of sunshine as standalone floating solar farms, or co-located alongside offshore parks as is planned in the Dutch North Sea.

The 5-MW demonstrator project to be installed at the Hollandse Kust West VII wind development offshore the Netherlands in collaboration with RWE will be the largest hybrid floating solar plant worldwide, the company claims.

It is also working on Japan’s first offshore floating solar plant, to be installed in Tokyo Bay with local partners, and a third project in Malaysia with TNB Renewables.

Finally, the company will initiate its Merganser offshore demonstrator project next year for installation and testing in the Dutch North Sea.

12.21.2023