OW Winds launches Brazilian offshore wind company

4C Offshore | Tom Russell
By: 14/06/2022 Ocean Winds

Ocean Winds, a 50:50 joint venture between EDP Renewables and ENGIE, has announced the launch of OW Brazil. The company was established to work on development opportunities of offshore wind projects in Brazil.

OW started in December 2020 to license five new offshore wind projects which it claims have the potential for a total capacity of 15 GW. They are located  in the States of Piauí, Rio Grande do Norte, Rio de Janeiro, and Rio Grande do Sul.

OW is seeking authorizations for “Licença Prévia” (Environmental Permit) at 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).

Bautista Rodríguez, CEO of OW Ocean Winds, said: “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. 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 offshore wind projects. This is reinforced by the latest steps taken in the right direction for regulatory framework for offshore wind development in the country”.

Rodríguez added: “The development of this new sector of activity 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.”