WRISE Company Spotlight: Hexicon
Floating wind power – the future of sustainable energy lies on the horizon.
More than 80 percent of the world’s wind resources are in waters greater than 150 feet. This makes floating wind power pivotal in the transition of our energy system and the move toward an electrified society – and Hexicon is determined to unlock this powerful clean energy resource by quickly deploying floating offshore wind at scale.
Floating offshore wind is a rapidly expanding market with the potential to generate massive amounts of renewable and fossil-free energy for the world while minimizing the impact on the ocean floor, marine traffic, and wildlife. What makes floating offshore wind so special is that the wind farms are located in deep water areas where the winds are strong and reliable. Floating offshore thus offers an exceptional clean resource to the energy mix, which is crucial for the world to reach its goals for greenhouse gas emission reductions. Hexicon is dedicated to making net-zero emissions a reality.
Hexicon operates as both an early project developer of floating wind energy for new deep- water markets and as a technology provider of its patented floating wind design: TwinWind™. Since its founding in 2009, Hexicon has established itself in several markets across Europe, Africa, Asia, and North America and gathered a portfolio capacity of over 13,000 megawatts (MW). As the only developer with over a decade of experience in deep waters, Hexicon is one of the earliest pioneers in the emerging market of floating offshore wind power.
As a project developer, Hexicon leads origination and early-stage development processes typically in the first 2-8 years of a project – bringing it from concept to a project. During this period, Hexicon builds valuable partnerships with local stakeholders and seeks permits to deploy the construction of floating wind farms. Upon maturation, Hexicon’s ownership in projects transitions into project partnerships and strategic divestments to recycle the value created and pursue new prospects.
As a technology provider, Hexicon’s patented TwinWind™ technology is a game-changer in the offshore wind industry. By utilizing two turbines on one foundation, the TwinWind™ enables up to 40% more power to be produced per sea area when compared to single-turbine systems with a third of the capital costs and infrastructure. The benefits of increased yield and reduced cost reduce the levelized cost of energy providing lower electricity prices for consumers whilst minimizing the impact on the environment and surrounding activities. The TwinWind™ design is compatible with all the major offshore wind turbine designs and can support turbines ranging from 3 MW to 15 MW and beyond, evolving as turbine technologies evolve.
Hexicon is committed to a sustainable energy future with social sustainability as its keystone. Hexicon North America began to grow its team in early 2021. Under the leadership of the Country Manager, Adrienne Downey, Hexicon is proud to demonstrate its commitment to diversity and inclusion and the role of elevating women and their allies.
“We are working at the apex of renewable energy’s most challenging and rewarding opportunity: floating wind. I am enormously proud of our growing team and the unprecedented opportunities for floating wind as a pillar of the United States’ decarbonization journey. We need a veritable army and a diversity of talents and skills to turn this dream into its essential reality. Personally, I can think of no greater calling.” – Adrienne Downey, Principal Engineer and Country Manager, Hexicon USA and Canada
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