Home Southern Africa Finnish AW-Energy ink signs MoU with Namibian Kaoko to develop wave energy

Finnish AW-Energy ink signs MoU with Namibian Kaoko to develop wave energy

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Finnish technology company AW-Energy has signed a Memorandum of Understanding (MoU) with Kaoko Green Energy Solutions of Namibia to develop wave renewable energy from the 1,300km long coastline of Namibia. The duo is in the process of carrying out an Environmental and Social Impact Assessment (ESIA) for the /hao Pilot project to utilise the power of Namibia’s coastal waves to generate electricity using WaveRoller devices.

Finnish technology company AW-Energy has signed a Memorandum of Understanding (MoU) with Kaoko Green Energy Solutions of Namibia to develop wave renewable energy from the 1,300km long coastline of Namibia. The duo is in the process of carrying out an Environmental and Social Impact Assessment (ESIA) for the /hao Pilot project to utilise the power of Namibia’s coastal waves to generate electricity using WaveRoller devices.

This comes as Kaoko Green Energy Solutions aims to develop a green hydrogen hub in the Kunene Region, as well as AW-Energy’s newest enhancement of their WaveRoller technology. According to Christopher Ridgewell, CEO of AW-Energy, Namibia is well positioned to realise the potential of wave energy in green hydrogen production due to its dynamic and consistent wave resource. The current energy shortages in the region have paved the way to explore alternative, untapped, and sustainable energy sources. Waves have the potential to provide a sustainable solution to our energy needs and demands.

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https://trendsnafrica.com/mtc-enables-namibia-met-service-centre-with-early-warning-weather-stations/

The feasibility and piloting of the pilot project are projected to cost N$20 million, which will cater to the deployment of five WaveRoller-X devices. The devices will be deployed in the Namibia water to generate clean and affordable electricity from ocean waves and then deliver 200MWh per year of electricity to communities close to the coast of the Erongo Region in Namibia. WaveRoller-X device is rated at 15kW per unit with an estimated capacity factor of about 35 to 40%.

Kaoko’s envisaged green hydrogen derivatives project Purros Hydrogen Hub (PHH) is expected to be developed on 970 hectares of landThe project feasibility study and piloting of Purros Green Hydrogen are estimated to cost N$180 million and is envisaged to commence in October 2023. The project will run until July 2024, with the groundbreaking ceremony of the pilot project to be held in November 2023.