Akuo Energy to build OTEC and hydrogen projects in French Polynesia

Akuo, an independent global renewable energy producer and developer, in partnership with the municipality of Bora Bora and with the support of the “Integrated Solutions for the Decarbonization and Smartification of Islands” (IANOS) European project, is aiming to decarbonize the electricity production and transport sectors on Bora Bora.

Within the framework of the SWEET project, Akuo is supporting the municipality of Bora Bora throughout the process providing technical and economic support to meet the island’s renewable energy requirements. The project is divided into two phases. The first phase focuses on increasing the island’s share of renewable energy and promoting local and inclusive agriculture. In practical terms, 2MW of Agrinergie, 2MW of Aquanergie, and energy storage technologies will be deployed on one of the motus (reef islets) of Bora Bora. The second phase aims to set up a zero-carbon transport network and develop ocean thermal energy to enhance the sea-related industrial sector, decarbonize the construction sector, and produce renewable electricity.

The European Union, in cooperation with the IANOS consortium’s players, will finance a substantial portion of the spending. The European funds received by the municipality and Akuo will be deployed within the framework of the SWEET project managed and overseen by the municipality of Bora Bora. However, technical, administrative, and financial support is being put in place to assist the municipality through the project’s phases and make headway towards a renewable energy system.