Ocean Winds and the Rio de Janeiro state government signed a memorandum of understanding (MoU) to jointly explore the development of offshore wind power projects.
The joint venture (JV) between EDP Renewables (ELI:EDPR) and Engie SA (EPA:ENGI) said on Friday it will work together with the local government to identify promising avenues and opportunities for offshore projects as well as conduct assessments for potential regulatory and fiscal barriers.
“Constant, unidirectional winds make part of the coast the perfect setting for offshore wind farms. The signing of this memorandum of understanding is another step towards decarbonizing the economy, towards sustainable development,” said the acting governor, Thiago Pampolha.
At present, Ocean Winds is pursuing a license for the 5-GW Ventos do Atlantico scheme.
Last week, the company also signed two pacts for offshore wind in Brazil -- an MoU with local infrastructure and logistical service provider Prumo Logistica and an amendment to the 2021 MoU with Rio Grande do Norte state.