SOUTH AFRICA
HEXICON IN SOUTH AFRICA
Explore Hexicon’s projects in South Africa and how we contribute to South Africa’s renewable energy targets in this emerging offshore wind market.
THE FLOATING OFFSHORE WIND MARKET IN SOUTH AFRICA
South Africa is a growing market for renewable energy, aiming to diversify its energy mix and reduce dependence on coal. With strong wind resources along with an extensive coastline, particularly in deeper waters, South Africa presents a great opportunity for floating offshore wind projects, making it a strategic focus for Hexicon.
PROJECT PLANNING IN SOUTH AFRICA
South Africa has introduced policies to support renewable energy, including wind power, as part of its Integrated Resource Plan (IRP). The government is working on streamlining permitting processes to facilitate new developments in offshore wind, creating a promising environment for companies like Hexicon. With a growing demand for clean energy and favourable conditions, South Africa is well-positioned for floating wind technology to play a key role in its energy transition.
OUR JOINT VENTURE GENESISHEXICON
Hexicon has partnered with Genesis Eco-Energy Developments to form the joint venture GenesisHexicon, which is focused on developing floating offshore wind projects in South Africa. This partnership combines Hexicon's expertise in opening new markets for floating wind with Genesis Eco-Energy’s deep local expertise to navigate the regulatory landscape and drive project development. Together, GenesisHexicon is advancing several promising prospects along South Africa’s coastline, including one active project called Gagasi, which is helping to drive the country’s renewable energy goals.
OUR SOUTH AFRICAN PROJECTS
GAGASI
GAGASI will be located outside the coast of Richard’s Bay in the northeastern part of South Africa, where the waters are deep and the winds are strong and stable.
Fully developed, the wind farm, which has a planned capacity of 800 MW, will be able to deliver electricity to thousands of households and industries in the area. The project was initiated in 2022.
KEY FACTS
JV GenesisHexicon
PARTNER Genesis Eco-Energy Developments
CAPACITY Up to 800 MW
HEXICON SHARE 50%
LATEST MILESTONES
The latest milestone in the project is the start of the EIA (Environmental Impact Assessment) which was initialised in 2022. Offshore environmental surveys are currently underway, and it is expected that the permit application will be submitted in 2025.