The controversial Wave Hub is to be bought out by a Swedish floating windturbine developer. The deal, which is expected to complete at the end of this month, will see Hexicon, through its UK subsidiary, TwinHub Limited, acquire the assets of Wave Hub Limited from Cornwall Council for an undisclosed sum. Hexicon said it intends to develop the site, which sits 16 kilometres off the Cornish coast near Hayle, for a 30-40MW floating offshore wind project and deploy its innovative twin-turbine floating foundation. The team will establish how the technology could be brought to market and explore the roles that local suppliers could play during investigative works, in fabrication and assembly, mooring, and installations, as well as serving the long-term needs of the floating offshore wind industry.
Cornwall Live 24th May 2021 read more »