With a continuously expanding grid and rising energy demand, Greece has become an increasingly important market for global renewable energy development. In line with the country’s overall economic recovery strategy, Greece now seeks to promote renewables, including offshore wind parks, to reduce its traditional reliance on fossil fuels and increase its share of clean energy sources.


The Greek government has made offshore wind one of its top priorities by implementing the first Offshore Wind Law that seeks to install at least 2 GW by 2030. Due to the deep waters, it is expected that the majority of the 2 GW shall stem from floating technologies. Hexicon has created a joint venture (JV); Hexicon Power SA, in Greece with the local company; EAMAA. This is a first step to start the development of offshore wind projects off the coast of Greece.


The US has a critical pathway to achieve its ambitious clean energy goals through reliable, cost-effective and renewable energy. Major new commitments in the US supporting offshore wind include glide paths for leasing, permitting and major investments are on track to achieve 30 GW of offshore wind power by 2030. This will drive USD 109 billion total expenditures in the United States and more than 80,000 jobs in this dynamic sector on a pathway to meet up to 110 GW of offshore wind by 2050.


Over the coming years, Hexicon has ambitions to leverage both project development know-how and technological innovation in North America. This will include establishing strategic partnerships as a project developer and policy thought-leader, advancing local relationships to develop domestic supply chain strategy and development. Championing research and development innovationsis a priority to speed deployment in the US market.



Adrienne Downey, Principal Engineer and Country Manager (US & Canada)

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