Vopak and HyET Solar Collaborate on 1MW Thin-film Storage Tank Application

HyET Solar Netherlands BV has received an order from Royal Vopak to apply thin-film PV modules (Powerfoil) on one and potentially two of their large oil storage tanks in Rotterdam, subject to regulatory and permit approval. Powerfoil is the only suitable Solar PV candidate for this application because of its unique product characteristics such as low weight, flexibility and ATEX certification. The project will result in 1 MWp of cost-effective power generation capacity.

Arnhem, April 3rd 2020

Royal Vopak and HyET Solar initiated their cooperation after a successful pilot in Vopak’s Vlaardingen tank farm in 2019. Both companies have since been involved in preparing large-scale applications. In early 2020, Vopak Ventures acquired participation in HyET Solar.

Rombout Swanborn, CEO and co-founder of HyET Solar says: “We believe that this project will demonstrate that the uncertainty in the West European Solar PV manufacturing industry due to long term confrontation by low-cost, predominantly Asian products can be overcome. We strongly believe that the time has come for innovative low-cost PV products like HyET Solar Powerfoil to take back sizable market share”

Marcel van de Kar, Vopak director New Energies added: "This project allows us to accumulate knowledge and experience with generating green electricity at our terminals and gives us the opportunity to explore the possibility to scale up this promising technology."

About HyET Group

High yield Energy Technologies (HyET) Group develops technologies that enable commercially viable large-scale implementation of renewable and decentralized energy generation and distribution. HyET Group currently consists of two companies: HyET Hydrogen and HyET Solar. HyET Hydrogen develops technology to enable large scale implementation of hydrogen mobility and hydrogen storage. The novel technology HyET has developed enables purification and compression of hydrogen in a single stage up to FCEV standards. HyET Solar develops thin-film solar modules that have the lowest LCOE in the market. Due to its low weight and flexibility the modules can be applied to almost any surface of buildings and structures.

About Royal Vopak

Royal Vopak is the world’s leading independent tank storage company. We store vital products with care. With over 400 years of history and a focus on sustainability, we ensure safe, clean and efficient storage and handling of bulk liquid products and gases for our customers. By doing so, we enable the delivery of products that are vital to our economy and daily lives, ranging from chemicals, oils, gases and LNG to biofuels and vegoils. We are determined to develop key infrastructure solutions for the world’s changing energy systems, while simultaneously investing in digitalization and innovation. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit vopak.com.

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