NHPC Signs an MoU with Ocean Sun, Norway, to Propagate Floating Solar Energy Technology

In continuation of efforts towards sustainable development and Renewable Energy capacity, NHPC Limited – the largest organization for Hydropower development in India and also engaged in the development of various renewable energy projects viz. Solar/Wind/Green Hydrogen etc., has signed an MOU with M/s Ocean Sun, a Norwegian company operating as a technology provider to the floating solar industry.

The MOU, which was signed on 29th April 2024, outlines the mutual intent of the parties to explore key areas of cooperation for demonstration of Ocean Sun’s floating solar energy technology based on PV panels, mounted on a hydro-elastic membrane at relevant sites as may be identified by NHPC.

NHPC Ltd. (Formerly known as National Hydroelectric Power Corporation Ltd.) was incorporated in 1975 under Companies Act, 1956. The company is mandated to plan, promote and organize an integrated and efficient development of power in all its aspects through Conventional and Non-Conventional Sources in India and abroad.

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