Seawind and Aquaterra to co-develop 3.2 GW floating wind and hydrogen project
Aquaterra Energy and Seawind
Ocean Technology have signed an agreement to co-develop a floating wind
and green hydrogen production project, named HyMed, with 3.2GW of production
expected by 2027 in ultra-deep waters in Italy.
The project is currently in its first phase of permitting, with the grid
connection and the environmental impact assessments well under way. The
wind and hydrogen offshore assets are planned to be developed and constructed
by both Aquaterra Energy and Seawind in Italy.
The collaboration is also expected to act as a template for other future
offshore renewable energy projects between the companies, including a 300MW
exclusively hydrogen production project in southwest Greece named “Icarus”.
Initial field development of the first asset called HyMed is expected to
produce 3.2GW of electricity, of which more than 1GW will be green hydrogen
once production units are fully operational. The project partners expect
to transport the green hydrogen onshore by pipeline or by vessels when
complete.
Anne Haase, Renewables Director at Aquaterra Energy, said, “With governments
and business recognising the value of hydrogen as a vital resource for
net zero initiatives, energy security, and guarding against volatile natural
gas prices, we are hugely excited by the opportunities for production presented
by this new partnership. Seawind’s fully integrated and scalable floating
wind model offers a clear path to cost-effective industrial scale production
– and we are delighted to be able to provide the final piece of the production
puzzle for it.”
Haase added, “Through our work on Project Haldane we have developed
industry leading hydrogen expertise within the business and are extremely
enthusiastic to partner with Seawind to assist in accelerating its innovative
production strategy.”
Dimitrios Moudouris, CEO at Seawind Ocean Technology, comments: “We
are pleased to partner with Aquaterra Energy in these highly impactful
projects in Italy and Greece. We consider the Mediterranean to be the best
area where significant offshore wind projects can be developed and cross-border
synergies can be made, serving Europe and MENA. Aquaterra Energy has displayed
its expertise and commitment to green hydrogen through existing projects
and we identified an experienced partner to enable us to accelerate our
ambitious offshore wind and hydrogen project development strategy.”
“Aquaterra Energy has developed the most advanced and highly reliable
offshore green hydrogen production concept in the market, understands the
wider offshore energy marketplace and the range of options and solutions
to off-take offshore green hydrogen. Culturally, we feel that Seawind and
Aquaterra Energy are a strong fit as our partners as they possess the agility
and specialist knowledge to complement our approach to scalability and
to accelerate the energy transition. At Seawind we are focused and committed
to our vision and mission; to redefine the offshore wind industry.”
Seawind Ocean Technologyhas designed a two-bladed wind turbine and a concrete
support structure, which can be deployed in shallow (20 – 60 meters),
deep (60+ meters) and ultra-deep (up to 3,000 meters) waters and in cyclonic
areas. The units are completely assembled in a harbor and then floated
and/or towed over to the site for anchoring.