Ocean Sun AS is engaged in the development of a floating power system with solar panels mounted on a thin hydro elastic membrane, which offers a unique solution to energy needs. Its technology offers renewable energy enabled by the water body’s cooling effect, which lowers the solar panels operating temperature and increases their power output. The company products include system components, double keder, reinforced membrane, mooring, inverters and transformers. The company was founded by Borge Iver Bjorneklett in May 2016 and is headquartered in Lysaker, Norway.