March 23 (Renewables Now) - Italian oil and gas contractor Saipem SpA (BIT:SPM) and Norwegian sector player Equinor ASA (NYSE:EQNR) have joined hands to develop a floating solar panel concept for near-coastal sites.
The companies have signed a cooperation agreement to use a modular concept designed for easy fabrication, transportation and installation, which is based on an idea developed by Moss Maritime, part of Saipem's XSIGHT division.
The technology will be specifically developed for rougher weather conditions than existing solutions, Saipem said on Friday. It explained that it will allow deployment at a wider range of sites as compared to existing floating solar photovoltaic (PV) solutions for calm sea locations.
The Moss Maritime concept is suitable for areas with no large water reservoirs and for locations with very strong winds. It will be further developed through the new partnership that seeks to make the tie-up one of the leading providers of near coastal and offshore solutions for floating solar plants.
“The agreement with Equinor goes in the direction taken by Saipem and Moss Maritime towards the development of new technologies related to clean energy,” said Ida Husem, CEO of Moss Maritime.