STOCKHOLM, Sweden – Floating wind farm developer and technology provider Hexicon expects to soon complete a deal to acquire the Wave Hub offshore renewable energy test site in Cornwall, southwest England.
The company’s UK subsidiary TwinHub will acquire the assets of Wave Hub Ltd. from Cornwall Council. The Wave Hub site is 16 km (9.9 mi) north of St Ives and Carbis Bay, the location for next month’s G7 summit.
Hexicon plans to develop the site for a 30-40-MW floating offshore wind project, deploying its twin-turbine floating foundation.
Its team will investigate how the company can commercialize the technology, and will also examine how local suppliers could be involved in fabrication and assembly, mooring, and installations, and supporting the long-term needs of the floating offshore wind industry.
First power could be delivered by 2025: Hexicon is working with Bechtel on the development.
Cornwall is said to have developed a significant offshore renewable energy supply chain with initiatives to position the maritime region as a base for floating offshore wind projects in the Celtic Sea.
Here Britain’s Crown Estate recently announced its intention to deliver a new floating wind leasing opportunity for projects providing around 300 MW of power.
Cornwall Council will retain Wave Hub Development Services to provide support to the TwinHub project and other Celtic Sea deployments.