Scottish wave energy company Mocean Energy has signed a memorandum of understanding (MoU) with Netherlands-based floating solar developer SolarDuck to develop hybrid offshore solar and wave energy renewable systems. The companies are both backed by Norwegian clean-tech fund manager Katapult Ocean.
They plan to target remote offshore sites across sectors including energy, defense, and the blue economy, providing energy for power, communications and auxiliary systems to support remote offshore assets.
“Particular focus is being given to providing power and communications to remote sites in challenging environments,” said Cameron McNatt, Managing Director at Mocean Energy. “Over the past few months, we’ve been sharing commercial insights and have identified a strong opportunity to conduct an internally funded technical feasibility study focused on offshore energy needs in Asia Pacific.”
Wave energy has the theoretical potential to supply as much electricity as the world currently consumes. Water is 800 times denser than wind and since the ocean covers 72% of the planet, wave power is widely accessible. Wave energy is also highly reliable and predictable.
“This partnership aligns with SolarDuck and Mocean Energy’s shared vision to enable clean energy solutions in challenging offshore environments,” said Arnaud Ayral, Chief Commercial Officer at SolarDuck.
