Aquaterra Energy has announced an agreement with Seawind Ocean Technology to co-develop an offshore floating wind and green hydrogen production project, named HyMed, with 3.2GW of production expected by 2027 in Italian ultra-deep waters.
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. Aquaterra Energy will provide its offshore engineering and green hydrogen production expertise. This will be complimented by Seawind’s expertise on floating offshore wind technology. 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 to global markets when complete.