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Hexicon JV plans to develop two offshore wind projects (2.5 GW) in Italy

AvenHexicon, a 50/50 joint venture between the Swedish energy company Hexicon and Italy’s Avapa Energy, has secured priority rights to develop two offshore wind projects totalling 2.5 GW in two areas of southern Italy. AvenHexicon will build a 1.35 GW, 346 km2, offshore wind park near Porto Torres, off the coast of Sardinia and another 1.2 GW, 364 km2, park near Agrigento, off the coast of Sicily. The joint venture applied for a 30-year concession for the two projects in June and July 2022. The projects are expected to bring energy to 2.5 million Italian households.

Italy is aiming to generate 55% of its total electricity generation from renewables by 2030. As of end-2021, Italy did not yet possess any operational offshore wind capacity but had more than 11 GW of onshore wind (9% of the country’s installed capacity and 7% of its power generation with 21 TWh).

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