Suniboat Technologies Private Limited

Suniboat Technologies Private Limited is a pioneer in the development of fully recyclable floating solar solutions, offering an innovative approach to deploying solar photovoltaic systems. The technology allows for the cost-effective installation of solar panels on water bodies, enabling the generation of renewable energy while simultaneously conserving water resources. Traditional solar photovoltaic systems are typically limited by land or rooftop installations, which compete with prime property space and agricultural land. On the other hand, floating solar solutions provide ecological alternatives for utility-scale installations, minimizing environmental impact. Floating solar panels offer numerous environmental advantages, such as reducing evaporation, algae growth, and water temperatures, while improving energy efficiency by minimizing PV temperatures through evaporative cooling. Additionally, the deployment of solar panels on water enhances their efficiency, contributing to an 8-10% increase in PV module efficiency due to reduced thermal resistance and improved electrical current transmission. Suniboat's technology facilitates the installation of floating solar solutions across a wide range of water bodies, including commercial and industrial reservoirs, irrigation and quarry ponds, hydro projects, and wastewater treatment facilities. The company's versatile approach caters to various scales, from small to large installations, with countless possibilities for deployment. Founded in 2018, Suniboat Technologies operates within the Energy and Renewable Energy sectors, presenting significant opportunities for sustainable energy generation. The company's innovative technology and broad deployment capabilities position it favorably within the renewable energy landscape, offering potential for growth and environmental impact. As a result, Suniboat Technologies Private Limited presents an attractive prospect for venture capital investors seeking to support advancements in renewable energy and sustainable practices.