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RNS - Ocean Sun signs MoU with Zhytomyr City to assess a future 25 MWp floating solar project supporting Ukraine’s energy recovery.

Company: Ocean Sun Date: 2025-07-31 Language: English Register to download

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 Ocean Sun signs MoU with Zhytomyr City to assess a future 25 MWp floating solar project supporting Ukraine’s energy recovery.

# Ocean Sun signs MoU with Zhytomyr City to assess a future 25 MWp floating solar project supporting Ukraine’s energy recovery.

Ocean Sun has signed a Memorandum of Understanding (MoU) with the Ukrainian Zhytomyr City Territorial Community and the Turkish HICC Heavy Industry Construction Co., initiating a strategic collaboration to explore the deployment of floating solar power (FPV) in Ukraine.  

  

The MoU, formalized during a ceremony hosted by the Norwegian-Ukrainian Chamber of Commerce in Kyiv July 31st, marks the beginning of a multi-phase process. The first stage will focus on environmental and technical feasibility studies, stakeholder engagement, and permitting activities for a potential FPV installation in Zhytomyr.  

  

Pending the outcome of these studies and successful financing, the project envisions the development of a floating solar power plant with a capacity of up to 25 MWp in the coming years. The installation would provide clean electricity directly to the Zhytomyr municipal grid, helping reduce transmission losses and supporting local energy resilience.  

  

“Ocean Sun is proud to contribute to the rebuilding of Ukraine’s energy infrastructure. Through our patented floating solar solution, we aim to support a sustainable and forward-looking energy transition. This MoU marks the beginning of a collaborative journey, and we look forward to working closely with our Ukrainian partners to assess the potential for a future installation,” said Kristian Tørvold, CEO of Ocean Sun AS.  

  

“We are grateful to Ocean Sun, HICC Heavy Industry Construction Co, and our international partners for their trust and shared vision of the future of Zhytomyr and Ukraine as a city and a country with a strong green economy. The signing of this Memorandum confirms Zhytomyr's openness to technological innovation and constructive dialogue with leading players in the renewable energy market. We have a lot of analytical and technical work ahead of us, and we are ready for it. I am convinced that this cooperation will bring mutually beneficial results.” said Galina Shymanska, secretary of the Zhytomyr City Council.  

  

“HICC has been established in Ukraine for more than 7 years providing construction services to various wind and solar power projects. We find the opportunity to work with Ocean Sun’s patented technology and the Zhytomyr City very exciting. It is time to rebuild Ukraine both faster and to the better”, said Ergün Seçmeer, CEO of HICC.  

  

  

About Ocean Sun:  

  

By combining Norwegian maritime expertise and knowledge within photovoltaics,Ocean Sun has developed an innovation that offers a bold solution to our global energy needs. The patented technology is based on solar modules mounted on hydro-elastic membranes and offers cost and performance benefits not seen in any other floating PV system today. With offices in Oslo, Singapore and Shanghai, Ocean Sun is embarking on its vision to be the world's leading technology provider of floating solar.  

  

For further details, please contact:  

Kristian Tørvold, CEO of Ocean Sun, +47 97088847

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