02:22 AM EST, 11/11/2026 (MT Newswires) -- Ocean Sun (OSUN.OL) signed a nonbinding memorandum of understanding with UAPÊ Energias Solares to develop a 6-megawatt-peak floating solar project in Brazil, according to a Wednesday release. Under the agreement, the renewable energy technology company will provide its floating solar technology and technical expertise, while the Brazilian floating solar developer leads the local development, permitting, grid connection, and financing. The project remains subject to financing, permits, and definitive agreements. The floating solar installation is the initial scope of a potential broader concept combining floating solar generation, battery storage, and a modular data center.

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