Ocean Sun has been awarded EU funding of approximately NOK 2.1 million as part of the Isla Bonita project
Ocean Sun AS is pleased to announce its participation in the Isla Bonita project, an initiative under the Horizon Europe Mission “Restore our Ocean and Waters”. The project aims to accelerate the transition towards sustainable, climate-resilient island communities by deploying and scaling innovative ocean- and water-related solutions. With an overall EU contribution of approximately EUR13.5 million, the Isla Bonita project is coordinated by Plocan and brings together a broad consortium of research institutions, industry partners and public authorities to implement demonstration projects across several island regions in Europe.
Ocean Sun will lead the La Palma demonstrator, a flagship initiative located at the port of Tazacorte in the Canary Islands. The demonstrator builds on the technical and operational learning from the BOOST project and represents the next step in Ocean Sun’s work to adapt floating solar technology for exposed coastal and island environments. The system will combine renewable energy from an Ocean Sun FPV installation with desalination technologies in an integrated solution.
Located in the rough seas of La Palma, the 310 kWp FPV demonstrator will provide a relevant test site for further research, validation and operational improvement in exposed conditions. The integration with a desalination unit will also demonstrate a replicable model for island and coastal regions facing high electricity costs and water scarcity.
Ocean Sun will be responsible for design and deployment of the floating solar system, implementation of an automated cleaning solution, and integration of a rainwater collection system for operational use. Ocean Sun’s allocated contribution is EUR 190 thousand and excludes CAPEX related to the demonstrator. The EU support enables Ocean Sun and its partners to continue advancing floating solar in demanding marine environments, building on prior experience while further improving a solution already commercially available for island and resort markets seeking alternatives to expensive and volatile fossil fuels.
About Isla Bonita Isla Bonita is a Horizon Europe project focused on restoring ocean and water systems while supporting sustainable blue economies in island regions. The project will establish multiple demonstration sites across Europe and develop scalable solutions to improve environmental resilience, energy independence, and water security.
About Ocean Sun By combining Norwegian maritime expertise and knowledge within photovoltaics, Ocean Sun has developed an innovation that offers a bold solution to our global energy needs. The patented technology is based on solar modules mounted on hydro-elastic membranes and offers cost and performance benefits not seen in any other floating PV system today. With offices in Oslo, Singapore and Shanghai, Ocean Sun is embarking on its vision to be the world's leading technology provider of floating solar.
For more information, please contact: Kristian Tørvold, CEO of Ocean Sun, +47 97088847 Karl Lawenius, CFO of Ocean Sun, +47 45633881