About Ocean Sun

Company Description

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.

Working towards a renewable energy future, we have installed systems world wide, from the rough coastal waters of Norway the technology has spread to Albania, the Philippines, Singapore, and China. The design can easily be adapted to local conditions, and therefore offers the lowest LCOE (Levelized Cost of Energy) of any FPV solution available, no matter if you are deploying it on benign inland waters, hydropower reservoirs, nearshore or even offshore.

Year founded

2016

Served area

Worldwide

Shareholder information

Shares outstanding

44,986,200

IPO

Oct. 26, 2020

Stock exchange(s)

Euronext Oslo

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