- Press Releases
July 23 (Renewables Now) - Ocean Winds, the offshore wind joint venture of EDP Renovaveis SA (ELI:EDPR) and Engie SA (EPA:ENGI), and Spanish multi-energy group Disa announced on Friday that they have joined forces to develop floating wind projects off the coast of the Canary Islands.
Specific details about the partnership and projects were left out of the joint press release. The parties said that their jointly promoted projects would “double the current share of renewable energy, as well as reduce the cost of electricity generation on the islands”.
Spain’s Atlantic Ocean archipelago, alongside the Balearic Islands, already benefits from the Spanish government’s targeted plans to increase the renewable energy capacity in the non-mainland territories. According to Ocean Winds and Disa, the Canary Islands are still far from renewables achieving a substantial share in the final energy consumption.
The partners said they are looking forward to the approval of Spain’s national road map for the development of offshore wind and marine energy, which includes the government’s target to reach up to 3 GW of floating wind capacity by 2030.
Spain’s potential to develop bottom-fixed wind farms is virtually non-existent due to the depth of the territorial waters. Ocean Winds and Disa are now banking on each other’s strengths to bring floating wind around the islands' shores.
Disa is born and bred on the Canary Islands with roots going back to 1933. The company is the liquid petroleum gas (LPG) operator on the islands, distributes petroleum products, operates service stations and several wind farms through its dedicated renewables unit.
Ocean Winds brings the experience and corporate muscle of energy giants EDPR and Engie, and specifically their joint work on the 25-MW Windfloat Atlantic floating wind farm off Portugal.
The partners believe their alliance and joint projects will spark job creation and strengthen the industrial sector on the Canary Islands, they said.