Floating PV developer SolarDuck has opened an office in Tokyo to oversee its activities in the Asia Pacific region.
Both East Asia and Southeast Asia offer attractive growth prospects as the offshore energy industry matures, according the developer.
These market dynamics promise an exciting launchpad for offshore floating photovoltaic (OFPV) and SolarDuck, it said.
Co-founder and head of business development for Asia Pacific Olaf de Swart said: “Asia Pacific is a gigawatt scale opportunity, and we are committed to trailblazing the growth path for OFPV in the region.
“We have the technology; we have the footprint, and we are shaping the team to deliver on this vision.”
SolarDuck has a footprint in the region both in Japan and Malaysia.
The Teal demonstrator was successfully installed in record time in Tokyo Bay, a project developed with Tokyu Land Corporation on initiative of the Tokyo Metropolitan Government.
In addition, SolarDuck is working closely with TNB in Malaysia on a project under development offshore Tioman Island.
These schemes demonstrate traction and provide an ideal growth platform for OFPV and SolarDuck in the region, the company said.
Furthermore, they allow SolarDuck to solidify relationships with our partners in Asia Pacific.
In order to deliver on the company’s growth ambitions in the region, SolarDuck is gearing up local hiring in Tokyo, it added.