![nhpc deal with norway firm](https://chanakyanipothi.com/wp-content/uploads/2024/04/nhpc-deal-with-norway-firm-624x280.jpg)
(20 second reading) India’s premier hydropower developer, NHPC Limited, has entered a partnership with Norwegian company Ocean Sun to delve into the possibilities of floating solar energy technology.
A memorandum of understanding was inked between the two entities on Thursday, April 29, 2024, to scrutinise potential areas of collaboration for showcasing Ocean Sun’s floating solar energy technology. This technology is anchored on photovoltaic panels that will be installed on hydro-elastic membranes at locations identified by NHPC. This alliance is a part of NHPC’s ongoing commitment to sustainable development and enhancing its renewable energy capacity.