SPIC has commissioned world's first offshore wind and floating solar powerplant in, Shandong, China, utilizing the patented Ocean Sun technology. The world's largest PV asset owner, State Power Investment Corporation (SPIC), has commissioned the world's first commercial offshore floating photovoltaic (FPV) power plant. The power plant, which is designed by Ocean Sun and utilizes Ocean Sun's patented technology is also the first FPV integrated with offshore wind.

Thus its successful implementation unlocks the potential of hybrid offshore powerplants greatly increasing efficiency and reducing LCOE. The two floaters, with installed capacity of 0.5 MWp, are connected to the transformer on a SPIC-owned wind turbine and then connected to the power grid through the submarine cable of the wind farm. After completion of the pilot period and full technical and economic demonstration, it is planned to promote the use of Ocean Sun's technology to build a floating wind-solar photovoltaic project with a total capacity of 20MW in 2023.