Can Superyachts Go Electric?

Solar-powered electric yachts have hit the superyacht market. Austrian-based Silent Yachts and Polish-based Sunreef Yachts are two companies working on developing this technology. Allied Market Research predicts the solar boat industry will grow 14 percent by 2031 to $2.4 billion. CNBC headed to the Cannes Yachting Festival to get an inside look at the companies building solar-powered electric yachts, and to explore the challenges the technology faces in playing a wider role in the future of maritime transportation.

Chapters:
00:00 — Introduction
01:19 — Electrification of superyachts
05:17 — Solar technology
08:30 — The future

Produced and Edited by: Sydney Boyo
Shot by: David Sauval
Animation: Mallory Brangan and Christina Locopo
Senior Producer: Shawn Baldwin
Editorial Support: Jeniece Pettitt
Additional Footage: Getty Images, Silent Yachts, Sunreef Yachts

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Can Superyachts Go Electric?