SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research programme.
The project forms part of the Philippines' broader effort to expand renewable energy generation and increase the share of renewables in the country's power mix to 35% by 2030 and 50% by 2040.
SolarDuck, Green Arrow Capital, and New Developments s.r.l. have agreed to collaborate on the development of a landmark 120MWp OFPV farm integrated with 420MW Floating Offshore Wind (FOW).
SolarDuck will install a 780kW offshore floating solar (OFS) plant off the coast of Tioman island in Malaysia as a research project to assess technical and economic feasibility of OFS in Malaysia.
This is the first time such an approval has been granted to an offshore floating solar technology, marking the beginning of a new era for this form of renewable energy.
