NHPC signs agreement with Ocean Sun to explore opportunities in domestic solar sector

New Delhi: In continuation of efforts towards sustainable development and renewable energy capacity, NHPC Limited has signed an MoU with Ocean Sun, a Norwegian company operating as a technology provider to the floating solar industry.

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The MoU outlines the mutual intent of the parties to explore key areas of cooperation for the 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.

The MoU has been signed in hybrid mode by NHPC's Executive Director (REGH) VR Shrivastava and Ocean Sun CEO Kristian Tørvold in the august presence of Ambassador of Norway to India H.E. May-Elin Stener, NHPC Director (Technical) Raj Kumar Chaudhary and MHPC Executive Director (SBDC) Rajat Gupta at Embassy of Norway, New Delhi and Ambassador of India to Norway, Oslo, H.E. Dr. Acquino Vimal on Monday.

NHPC is the largest organisation for Hydropower development in India and also engaged in the development of various renewable energy projects viz. solar, wind, green hydrogen etc.

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