Investor Presentaiton
HISTORICAL AND EXPECTED TIMELINE OF PROJECTS
Ocean
Sun
50m² prototype in Singapore, deployed to
study operations with high humidity and
high ambient temperature and to serve as a
demonstrator for potential customers in Asia.
2000m2 demo on hydro power in Philippines. The
system was ordered by SNAP1, who is the owner of the
power plant to serve as a demonstrator of the
technology and to prove functioning operations within
the typhoon belt. The unit is still operational. The
system is designed to withstand wind speeds up to 275
km/h and water level variations of 30m
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Expected installation of 100
MWp for EN Technology.
Additional 400+ MWp potential
under license agreement²
Kil
Targeting
substantial market
share: installing
500+ MWp
Apr 2017
Jan 2018
Jul 2018
Jun 2019
Aug 2019
A 2,000m2 unit was deployed in collaboration with
Lerøy Seafood. The system was built to power part
of Lerøy's feeding infrastructure (off-grid). The unit
endured several winter storms with waves
measuring up to 3m. Five of the panels were later
laboratory tested and showed no damage.
Q4 2020
2021
0.5 MWp of 2 MWp full
scale demonstrator
project for Statkraft
Remaining 1.5 MW p
expected installed
early in 2021
Occan
After validating the concept at Elvebakken, Oslo
and NTNU in Trondheim the Company built its
1st prototype east of Bergen, Norway. The
300m² circular floater carries 24 PV modules.
The system is still in operations, four years
later and has endured the harsh weather of the
Norwegian west coast without any damages and
with minimal maintenance.
Source: The Company
DNV-GL
In collaboration with DNVGL Singapore,
Ocean Sun deployed a small floater to
study the benefits of direct cooling and
for benchmarking the power efficiency of
Ocean Sun solution compared with ground
mount and pontoon-based solution.
Note: 1) JV between SN Power and Aboitiz Power Corporation. 2) Subject to customer discussions and agreement.
Illustration: Statkraft, Banja
2023
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