Swedish floating wind developer Hexicon has joined forces with South African wind developer Genesis Eco-Energy Developments to explore developing offshore wind in the country
The development programme will be driven via a joint venture company in South Africa, GenesisHexicon (Pty) Ltd.
The companies plan to jointly develop large-scale floating wind projects and in so doing contribute to the development of the blue economy and help South Africa meet clean energy targets.
Together they will also transfer the Hexicon IP for deepwater floating wind to the South African market.
Hexicon chief executive Henrik Baltscheffsky said, “This is a winning formula for large-scale energy production in South Africa, one of the top 10 long-term markets for deepwater deployment of offshore wind.
“Genesis Eco-Energy Developments has a proven track record developing onshore wind and solar projects and collaborating with government stakeholders to shape renewable energy policy in South Africa.”
Genesis Eco-Energy Developments managing director Davin Chown said the floating wind plan was a “logical progression” for Genesis and highlighted the potential of South Africa’s coastline.
“This is an ideal opportunity to explore the deployment of floating wind technology,” he said. “Now is the right time to start to develop the South African offshore wind energy market and contribute to Operation Phakisa, South Africa’s plan to unlock the economic potential the country’s oceans.”
Responding to questions from OWJ, Mr Chown said, “Based on the work Hexicon has done and the sizeable potential of the wind resource off our coastline, we believe they are the right development and technology partner to open up this unexplored resource.
“South Africa is an ideal market to look at deploying floating wind given our looming electricity needs – particularly the need for a clean electricity supply – and the growing appetite for investment from various quarters.
“Genesis has been at the forefront of opening up the South African market. We believe that collaborative partnerships are the best way of combining the relative strengths of an array of players in the clean energy sector and that South Africa will start to play a greater role shaping the energy transition.”
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