Fred. Olsen 1848’s new solution targets near- and offshore floating solar

Innovation

June 20, 2023, by Nadja Skopljak

Oslo-headquartered Fred. Olsen 1848 has launched a new solution said to unlock the potential of near- and offshore floating solar by allowing PV modules to move freely and independently.

The solution named Bolette is said to be capable of handling high wave loads in combination with wind, which represents the “main challenge” for floating solar.

According to Fred. Olsen 1848, the technology allows the PV modules to move freely and independently within a rope mesh, distributing the forces to the mooring system, handling both wave and wind loads as a result.

Bolette is designed with an integrated solution for operation and maintenance, it is easily scalable and can be tailored to each individual project, the company said, adding that all components are easily sourced.

In addition, with sustainability in focus, all components are tagged and can be recycled after decommissioning.

The technology enters the market at an advanced technological stage, and with a final tank test completed, Fred. Olsen 1848 plans to install a 150kW pilot in Norway during summer.

Following a plan to install the first commercial 3 MW unit in 2024, the aim is to deliver further commercial projects from 2025 and onwards.

“Bolette is designed in a very cost-efficient manner to follow the motion of the ocean, even in offshore conditions. We believe Bolette’s elegant simplicity is a game-changer unlocking the potential of floating solar,” said Sofie Olsen Jebsen, CEO of Fred. Olsen 1848.

To remind, Fred. Olsen 1848 was established at the end of 2021 by Norway’s Bounheur ASA. The company is dedicated to developing and commercializing new technologies related to renewable energy such as floating offshore wind and floating solar.