Canopy Power, Ocean Sun, and Candela partner to electrify hydrofoil ferries with floating solar microgrids in Asia-Pacific

This partnership addresses the critical infrastructure gap for sustainable maritime transport in congested port cities across Asia-Pacific. Candela, a San Francisco-based developer with over 10 GW of utility-scale solar and battery storage projects across the United States, seeks to electrify its hydrofoil ferries. Ocean Sun, a Norwegian renewable energy technology provider, brings its patented flexible membrane floating solar PV solutions to the venture. Canopy Power, a Singapore-based microgrid specialist with over 10 MW deployed across more than 20 projects in Southeast Asia, Pacific Islands, and Africa, will integrate these systems. The initial target of 5 MW across key Southeast Asian port cities demonstrates a focused market entry strategy for this hybrid solution. This development-stage partnership, announced on 2026-03-12, aims to establish dedicated, localized power infrastructure for electric maritime fleets, with an undisclosed value. Ocean Sun's expertise in patented flexible membrane floating solar PV solutions, established since its 2016 founding, provides the core generation technology for the microgrids. Canopy Power, founded in 2015, leverages its extensive track record of over 10 MW of deployed microgrid capacity across more than 20 projects in Southeast Asia, Pacific Islands, and Africa, ensuring robust system integration and local operational knowledge. For Candela, a San Francisco-based renewable energy developer with over 10 GW of utility-scale solar and battery storage projects developed across the United States since 2018, this partnership represents a diversification into maritime electrification infrastructure, leveraging its renewable energy development acumen for a new application. The collaboration positions these three entities to capture demand for green port infrastructure in the Asia-Pacific region, particularly within Southeast Asian port cities. This development-stage project, announced on 2026-03-12, combines specialized technologies to address specific regional energy and transportation needs.