SolarDuck develops offshore floating solar energy systems using interconnected triangular platforms that elevate photovoltaic modules above seawater, ensuring protection and stability. This technology addresses land scarcity for solar installations by utilizing coastal areas to provide affordable, utility-scale renewable energy to communities worldwide.
Funding
$16.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Land scarcity is a growing constraint for deploying utility-scale solar energy, particularly in densely populated coastal regions, hindering the expansion of affordable renewable energy sources. Traditional land-based solar installations also face challenges related to environmental impact and competition with other land uses.
Solution
SolarDuck develops offshore floating solar (OFS) technology using interconnected, elevated triangular platforms designed to protect photovoltaic (PV) modules from direct seawater exposure. This approach enables the deployment of utility-scale solar power in coastal areas, addressing land constraints and providing access to affordable, renewable energy. The platforms are engineered to withstand harsh offshore conditions, maintaining the stability and integrity of the electrical and PV systems while utilizing commercially available PV modules. SolarDuck's solutions are adaptable to specific wave heights and wind speeds, offering a scalable and insurable energy solution for decentralized and utility-scale energy supply, including hybrid offshore wind and solar plants, standalone OFS plants, and offshore microgrids.
Target Audience
The primary target markets include decentralized and utility-scale energy suppliers, operators of offshore platforms and aquaculture facilities seeking to reduce their carbon footprint, and governmental entities incentivizing offshore renewable energy solutions.
Features
- Interconnected triangular platforms that elevate PV modules above the seawater, protecting them from direct exposure
- Use of commercial off-the-shelf PV modules, integrating the latest advancements in solar technology
- Scalable platform design adaptable to specific wave heights and wind speeds
- Certified and insurable technology for reliable and sustainable energy production
- Suitable for hybrid offshore wind and solar plants, standalone OFS plants, and offshore microgrids
- Remote monitoring with over 180 sensors to track structural loads, connector and mooring loads, and electrical performance