Incy Tech — renewable energy solution

Industry/Technology: ecology, energy, Sustainable Development Goals, technologies

Region – Asia

Founded: 2022

Technology: Renewable Energy Technologies, Solar Panels, Recyclable Materials 

Industry: Cleantech, Sustainability, Social Enterprise

Problem solving

The Thermal Floater is a device that converts solar-thermal energy into electricity while floating on water. It offers an innovative approach to renewable energy generation, designed to make clean power more accessible and affordable, especially in areas where land is scarce.

Value

  • Floating Land-Saving Innovation: Thermal Floater eliminates land use by operating on water bodies, making it ideal for densely populated areas or regions with limited usable land.
  • Energy Density: with an energy density of 670W/m², the Thermal Floater produces three times more power than traditional solar panels in the same area.
  • Cost Revolution: at just $0.64 per watt, technology delivers substantial savings, making clean energy accessible to communities worldwide.
  • Modular Design: Thermal Floaters are flexible and can be easily connected or disconnected, allowing for customizable arrays that adapt to specific energy needs.
  • Sustainable Lifecycle: Thermal Floater's durable, recyclable materials ensure a lifespan of over 25 years with minimal maintenance, while its design minimizes waste and environmental impact.
  • Global Impact: the solution can offset 191 Mega-tonnes of CO2 annually, equivalent to taking 41.5 million cars off the road, contributing to global climate change mitigation efforts.

Achievements

If you have a similar solution and are looking for funding opportunities, check out our catalog of international competitions.