Swedish floating offshore wind technology developer Hexicon is working with Genesis Eco-Energy Developments to explore opportunities for project development off South Africa.
A joint venture company Genesis-Hexicon has been set up to drive development, the partners said.
They said the purpose of the JV is to “jointly develop large-scale floating wind projects, contribute to the Oceans Economy and clean energy targets for South Africa, and transfer the Hexicon IP for deep water deployment in the South African market”.
Hexicon chief executive Henrik Baltscheffsky said: “This is the winning formula for large scale energy production in South Africa, one of the top 10 long term markets on the planet for deep water deployment.
“We are proud to have teamed up with Genesis Eco-Energy Developments that since 2002 has a proven track record developing onshore wind and solar projects and also collaborating with the government stakeholders in shaping the renewable energy policies in South Africa.”
Genesis Eco-Energy Developments managing director Davin Chown said: ” As one of South Africa’s pioneering wind energy development companies, the logistical progression for Genesis will be to focus offshore along South Africa’s coastline which has abundant unexplored resources.
“This is an ideal opportunity to explore the deployment of this innovative floating wind technology from Hexicon.
“Now is the right time to start to develop the South Africa offshore wind energy market and contribute to Operation Phakisa, the Oceans Economy programme.”