German renewables company BayWa r.e. AG has submitted a permit application for an up to 600-MW floating wind farm project off the coast of northern Portugal, it announced on Monday.
The firm said it had applied to secure the rights for an exclusive use of the seabed in a dedicated zone off the coastline of Viana do Castelo. The proposed floating wind farm would be composed of 30 turbines.
The project will be a subsidy-free commercial installation, supported by a power purchase agreement (PPA).
According to BayWa r.e., the project is compatible with Portugal’s offshore wind tenders that are set to take place in the future, and can serve as a blueprint for the bidding projects. The company plans to support the establishment of a global floating wind supply chain in Portugal using existing local infrastructure that the tender projects can later use.
“We have been working hard with our industrial partners and all the stakeholders during the development process. Now is the time to take it to the next level,” said Ricardo Rocha, Technical Director Offshore Wind at BayWa r.e. “We are looking forward to continuing collaborating with the Portuguese government and authorities, to make this project not only a project in Portugal, but also and especially, for Portugal”.
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