In an important EU Joint Industry Project, Oceans of Energy and 15 European partners are launching offshore solar technology scaled to 150 MW, setting a standard for Gigawatt-scale farms within wind farms. The initiative enhances sea space utilization, boosts energy output, and reduces costs for green electricity. Oceans of Energy is constructing the first offshore solar farm within the Shell/Eneco Hollandse Kust Noord offshore wind farm. Coordinated by RINA, the collaboration addresses challenges in offshore solar deployment, focusing on technology robustness, environmental impact, and sustainability across the value chain. Project BAMBOO aims to mature technologies, paving the way for a 100-200 MW offshore solar farm by the end of the decade.
Oceans of Energy and partners aim to reshape offshore energy landscape
EU Joint Industry Project BAMBOO, aims to set new standards with scalable offshore solar systems, paving the way for a Gigawatt-scale revolution in renewable energy. (Image Credit: Oceans of Energy).
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)