en.Wedoany.com Reported - Norway's Ocean Sun has signed a Memorandum of Understanding with ACEN-Silverwolf, planning to accelerate the development and deployment of utility-scale floating solar installations in freshwater reservoirs and inland water bodies. The relevant cooperation is subject to approval and the final signing of formal documents.

Ocean Sun CEO Kristian Torvold stated that the MoU provides a clear path to scale up floating solar technology together with an experienced renewable energy developer, supporting the company's capital-light licensing strategy in the utility sector and offering a structured roadmap from pilot projects to utility-scale deployment, particularly in highly competitive freshwater environments.

The agreement will combine Ocean Sun's floating solar technology and maritime expertise with ACEN-Silverwolf's accumulated experience in renewable energy and regional project development.

ACEN-Silverwolf Chairman Kelvin Yuen pointed out that Ocean Sun offers a floating solar technology that has been developed and refined over many years, with a focus on robustness and suitability for freshwater installations, which is an important consideration when the company evaluates technologies for large-scale deployment across its portfolio. The MoU provides a method to support and deploy Ocean Sun's technology within this context.

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