AW-Energy, a leader in near-shore wave energy technology, has signed a memorandum of understanding (MoU) with Kaoko Green Energy Solutions to utilise Namibia’s wave resources for renewable energy
The MoU is devoted to the development of renewable energy and aims to produce green hydrogen from renewable energy sources including wave energy. This latest initiative comes on the back of AW-Energy’s latest advancement of its WaveRoller technology.
Christopher Ridgewell, CEO of AW-Energy, said, “With an energetic and consistent wave resource Namibia is very well positioned to utilise the benefits of wave energy to enable sustainable industries and jobs.
“The partnership with Kaoko is exciting. We’re enjoying working with Kaoko’s innovative team to support Namibia’s sustainability goals and it is an initiative that provides an excellent environment for deploying WaveRoller technology into Namibia’s energy mix. We are looking forward to taking the next steps together and to demonstrate WaveRoller’s value in desalination and green hydrogen production.”
Sacky Nalusha, a director for Kaoko Green Energy Solutions, commented, “It is an open secret that the energy sector in southern Africa is currently underdeveloped, creating opportunities for innovative solutions and partnerships that can grow the sector. The current energy shortages in the region have paved ways to explore alternative, untapped and sustainable energy sources. Ocean waves have the potential to provide a sustainable solution to our energy needs and demands.”
Operated in three phases, Phase 1 will include a detailed site design and cover the fabrication and deployment of a WaveRoller wave farm on the coast of Swakopmund to deliver renewable power to support in-land resettlement and development. Phase 2 will assess the capacity for wavefarms in several locations in Namibia. The final Phase will expand wave energy plants to deliver power to the grid and help in new ways to provide energy for desalination and green hydrogen projects.