Ocean Winds, the 50-50 joint-venture between global energy leaders ENGIE and EDP Renewables dedicated to offshore wind, has launched OW Brazil, a fully owned Brazilian company working on development opportunities of offshore wind projects in the country.
Highly interested by the incredible potential of 700 gigawatts (GW) for offshore wind in Brazil (according to a study by the Energy Research Company EPE), OW started in December 2020 to license 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.
“With a 11.2 GW portfolio of projects in seven countries, OW positioned itself as a pioneer leader in the offshore wind sector and aims at expanding its footprint,” said Bautista Rodríguez, CEO of OW Ocean Winds. “OW performs a strict market analysis and selection to ensure only countries with strong fundamentals are selected, and since 2020, Brazil shows a high potential for of