Saipem and Equinor Sign cooperation agreement for floating solar projects

Saipem and Equinor have signed a cooperation agreement to develop a floating solar power project for near coastal applications. The technology will be based on the in-house developed concept by Moss Maritime, part of Saipem’s XSIGHT division dedicated to high-value-added services, which is a modularised system, designed for easy fabrication, transportation and installation at the operation site. The Moss Maritime solution has a dual application – it is suitable for areas where there are no large water reservoirs and also for very windy areas. As per the cooperation agreement, Equinor and Moss Maritime will combine their experiences and know-how to further develop the concept with a competitive and cost-effective approach that will meet the increasing demand for renewable energy solutions.

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