SolarDuck Expands Tokyo Office, Paving the Way for Offshore Floating Photovoltaic Growth in Japan and Asia Pacific

SolarDuck, a leading provider of offshore floating photovoltaic (OFPV) solutions, has announced the expansion of its office in Tokyo, Japan, signaling its dedication to the Japanese market and its broader commitment to accelerating commercialization efforts in the Asia Pacific region.

The expansion comes on the heels of SolarDuck’s successful delivery of its first demonstrator in Tokyo, demonstrating the company’s prowess in the region. With the office expansion, SolarDuck is ramping up its hiring efforts to support its growing presence in Asia Pacific.

“We see Asia Pacific as a GigaWatt scale opportunity for OFPV, and we are fully committed to spearheading its growth in the region. With our technology, footprint, and dedicated team, we are poised to lead the charge,” said Olaf de Swart, Co-founder and Head of Business Development Asia Pacific.

SolarDuck has already established a strong presence in Japan and Malaysia, with successful projects such as the Teal demonstrator installed in Tokyo Bay and a collaboration with TNB in Malaysia for a project offshore Tioman Island.

“The SolarDuck technology holds immense potential in Japan and the broader region. We are proud to collaborate with SolarDuck on pioneering the first OFPV plant in Japan, and we look forward to furthering our partnership,” remarked So Watanabe, Deputy Manager at Tokyu Land Corporation.

To support its growth ambitions, SolarDuck is actively recruiting local talent in Tokyo. To mark this significant milestone, SolarDuck hosted a launch event on May 27th, 2024, inviting partners, investors, developers, and stakeholders to celebrate the successful installation of the Teal demonstrator and discuss future growth plans with the establishment of the regional subsidiary. Key speakers from Tokyu Land Corporation and law firm Anderson Mori & Tomotsune shared their insights on the future of OFPV in Japan and the wider region.

As OFPV gains prominence in the offshore renewable energy landscape, SolarDuck aims to play a pivotal role in meeting the growing demand for renewable energy in Asia Pacific and beyond. With its innovative technology and early market access, SolarDuck continues to build a robust pipeline of projects globally, positioning OFPV as a gigawatt-scale energy generation asset class by the end of the decade.