Solar energy is a critical component of reaching net zero emissions and transitioning to renewable energy. But is the future of solar infrastructure going to be built at sea?
What’s happening:
- Dutch solar energy startup SolarDuck has raised €15M in a new financing round
- The round was led by notable venture capital funds including Catapult Ocean, Green Tower, Energy Transition Fund Rotterdam and Invest-NL
The big idea:
- SolarDuck installs offshore floating solar power technology that is built and operated in oceans across the world
- Since solar energy is a vital part of achieving net zero emissions, increasing solar capacity globally is critically important but physical land is both scarce and expensive
- SolarDuck wants to power large cities, islands and offshore platforms through floating solar infrastructure
Going deeper:
- SolarDuck is currently building a pilot project in the North Sea that will be the world’s largest hybrid floating solar panel in existence once complete
- The Japanese government is also working with SolarDuck to install floating solar infrastructure in Tokyo Bay in a collaboration with numerous local companies and partners
The intrigue:
- SolarDuck has built innovative technology that allows their floating solar panels to be self cleaning in order to prevent damage and erosion from operating in salt water
