- Press Releases
June 14 (Renewables Now) - Ocean Winds, an offshore wind partnership shared 50/50 by EDP Renewables SA (ELI:EDPR) and Engie SA (EPA:ENGI), on Tuesday said it has officially launched a Brazilian subsidiary.
Named OW Brasil, the unit is currently seeking environmental permits from local regulator IBAMA for 15.2 GW of offshore wind projects.
Previously known as Ventos de Atlantico, the entity had requested in December 2020 the green light for the Vento Tupi (1 GW), Maral (2 GW), Ventos do Atlântico (5 GW), Tramandai offshore (700 MW) and Ventos do Sul (6.5 GW) projects.
“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," said OW CEO Bautista Rodriguez.