Barbados Leading the Way: Wave Power Park for Green Hydrogen Development
Key Ideas
  • The Barbados Investment and Development Corporation (BIDC) partners with Seabased Group to build a wave power park supporting green hydrogen research and development.
  • The 2 MW pilot project aims to expand to 10 MW or more to advance Barbados' industrial green hydrogen efforts and reduce reliance on imported fossil fuels.
  • Barbados prioritizes sustainable energy solutions to address climate risks, energy vulnerability, and the need for renewable sources, promoting a shift towards ocean energy.
  • Seabased and Wavepiston join forces with BIDC to explore the deployment of wave energy farms offshore Barbados, contributing to the country's renewable energy transition.
The Barbados Investment and Development Corporation (BIDC) has recently signed a memorandum of understanding (MoU) with the Swedish wave energy company Seabased Group to construct a wave power park. This initiative is a significant step in supporting Barbados' green hydrogen research and development, positioning the country as a leader in the Caribbean's green hydrogen transition. The MoU outlines the establishment of a 2 MW pilot wave power park with plans for future expansion to 10 MW or higher to facilitate the BIDC's green hydrogen facility. Mark Hill, the CEO of BIDC, emphasized the importance of seeking innovative solutions to drive energy transitions for island nations like Barbados. By harnessing the abundant ocean resources in the Exclusive Economic Zone, Barbados aims to green its industrial operations and reduce energy costs through scientific innovation in wave technology. This strategic move is crucial for reducing the island's dependence on imported fossil fuels, mitigating climate risks, and ensuring energy security. Seabased's CEO, Laurent Albert, highlighted the collaborative efforts between Seabased, BIDC, and Wavepiston to explore the deployment of wave energy farms offshore Barbados, recognizing the country's significant renewable energy needs. The commitment of Small Island Developing States (SIDS) like Barbados to diversify their energy sources and transition away from fossil fuels towards sustainable options demonstrates a progressive approach to climate resilience and environmental protection. The partnership between BIDC and Seabased underscores a shared vision for sustainable energy solutions that support both economic development and ecological preservation in Barbados.
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