Mocean, SolarDuck form hybrid offshore power collaboration

Mocean Energy and SolarDuck have signed a memorandum of understanding (MoU) concerning a strategic collaboration that would develop hybrid power systems, Mocean posted on its LinkedIn today. 

The systems would combine SolarDuck’s floating solar platforms with Mocean’s wave energy technology.

The two companies, which have both received investment from Norwegian fund manager Katapult Ocean, will target applications for remote offshore sites in a variety of sectors. These will include supplying reliable energy for power, communications and auxiliary systems to remote offshore production facilities.

Mocean’s managing director Cameron McNatt said, “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.”

The company has successfully operated its Blue X wave energy converter prototype in offshore trials, as part of the Renewables for Subsea Power program. The prototype, which can be integrated with battery storage systems, is said to have provided consistent and reliable power during the offshore tests.

Mocean is now preparing to deploy its Blue Star wave energy device, said to be designed for long-term operation and scalability across various offshore applications.

Under the terms of the MoU, Mocean and SolarDuck will also work to identify engineering studies and commercial opportunities.