Ocean Winds launches offshore wind company in Brazil

Ocean Winds (OW), the 50-50 joint venture between global energy leaders ENGIE and EDP Renewables dedicated to offshore wind, has announced the launch of OW Brasil, its wholly owned Brazilian company working on the development opportunities for offshore wind projects in the country.

Very interested in the incredible potential of 700 GW for offshore wind in Brazil (according to a study by the energy research company EPE), OW started in December 2020 to authorize five new offshore wind projects for a total capacity of 15 GW in the states of Piauí, Rio Grande do Norte, Rio de Janeiro and Rio Grande do Sul.

Bautista Rodríguez, CEO of Ocean Winds, said: “With an 11.2 GW project portfolio in seven countries, OW is positioning itself as a pioneering leader in the offshore wind sector and aims to expand its footprint. OW performs strict market analysis and selection to ensure that only countries with strong fundamentals are selected and, as of 2020, Brazil has high potential for offshore wind projects. This is reinforced by the latest steps taken in the right direction for the regulatory framework for offshore wind development in the country. »

On the importance of these offshore wind projects for Brazil, Bautista Rodríguez said: “The development of this new business sector in Brazil is an important opportunity to meet the growing demand for energy, develop green hydrogen projects , diversify the energy matrix, and thus ensure the country’s energy security with a renewable source that has a competitive cost for the consumer compared to fossil sources.

Counting with the support of its sponsors (ENGIE being the second largest private sector electricity company in Brazil and EDPR with 795 MW of installed wind and solar capacity in the country), OW is seeking authorizations from Licença Prévia (Environmental Permit) with IBAMA for the following projects: Vento Tupi (1 GW), Maral (2 GW), Ventos do Atlântico (5 GW), Tramandaí offshore (700 MW) and Ventos do Sul (6.5 GW).

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