Greenvolt and BlueFloat Energy have formed a partnership to develop offshore wind projects in Portugal.
Portugal holds a great potential for offshore wind, which is now recognised by the national policy makers who seek to unlock the potential of this technology to deliver on the country’s decarbonisation targets, the pair said.
Greenvolt and BlueFloat Energy have joined forces to make this vision a reality.
Greenvolt brings the local development and permitting expertise as well as a strong local brand recognition, whereas BlueFloat Energy contributes with an extensive technical expertise in floating offshore wind and a unique understanding of floating technology.
Greenvolt Group, listed on the stock exchange, is currently operating in three business areas: residual biomass, utility scale solar and wind and distributed generation.
João Manso Neto, chief executive of the Greenvolt Group, said: “Greenvolt has a differentiating strategy for utility scale solar and wind projects, focusing on the development phase.
“Through this partnership with BlueFloat Energy, one of the leading offshore wind developers with a unique hands-on experience in floating technology, Greenvolt maintains its strategic positioning now expanding to the offshore wind segment In Portugal.”
BlueFloat Energy’s chief executive Carlos Martin added: “Entering the Portuguese market is a natural extension of our floating wind strategy for southern Europe.
“We are delighted to partner with Greenvolt, one of the leaders in renewable energy in Portugal and a fast-growing company that shares our development philosophy and a strategic vision for offshore wind in this key market.”