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WindFloat Atlantic Floating Wind Project Underway (Ind. Report)
Windfloat Atlantic,EDP,Repsol
Date: 2019-07-24
Windplus is reporting the installation of the first Windfloat Atlantic turbine on its three-turbine floating platform -- the first such platform in continental Europe and largest turbine ever to be installed on a floating platform -- is underway in the outer harbor of Ferrol, Spain.

The project belongs to the Bremen, Germany-based Windplus consortium, which is jointly owned by EDP Renovaveis with 54.4 pct, ENGIE with 24 pct and Repsol at 19.4 pct and Principle Power Inc. with the balance. The project will incorporate 3 Vestas turbines to collectively deliver an installed capacity of 25 MW -- sufficient power for 60,000 homes in one year. (Source: Windfloat Atlantic, reve, 18 July, 2019) Contact: EDP Renovaveis, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, c.meyer@windplus.de, www.windplus.de

More Low-Carbon Energy News Windplus,  Repsol,  Windfloat Atlantic,  Floating Wind,  Offshore Wind,  


DNV GL's Windfloat Atlantic Due Diligence Completed (Ind. Report)
DNV GL,Windplus
Date: 2018-11-09
Energy advisory and certification specialist DNV GL is reporting completion of a lenders' technical due diligence on the 25-MW Windfloat Atlantic floating wind farm project now under construction off the coast of Portugal.

DNV GL's technical due diligence reportedly helped secure the €60 million from the European Investment Bank so the project could become the world's first project-financed floating wind farm.

The project is being developed by Windplus and will incorporate three 8.4-MW MHI Vestas turbines, the largest and most powerful wind turbines ever installed on a floating foundation platform.

Windplus is a subsidiary of EDP Renewables, Repsol and Principle Power.(Source: DNG GL, Windpower Eng., 7 Nov., 2019)Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com; DNV GL, Liv Hovem, CEO, +47 6757 9900, www.dnvgl.com

More Low-Carbon Energy News Windplus,  DNV GL,  Floating Wind,  Offshore Wind,  ,  


EIB Funds Semi-Submersible Platform Offshore Wind Project (Int'l)
European Investment Bank,EDP Renováveis
Date: 2018-10-24
The European Investment Bank (EIB is reporting a € 60 million loan to Portuguese energy giant EDP Renovaveis subsidiary Windplus S.A. for the construction of a first-of-its-kind, semi-submersible platform offshore floating wind farm to be located about 20 km off the coast of Portugal.

The project will also be supported by the InnovFin Energy Demonstration Project facility, which is funded under the EU's Horizon 2020 research and innovation programme , and an additional €29.9 million from the EU NER300 programme, plus up to €6 million from the Government of Portugal, through the Portuguese Carbon Fund.

Until 2020, "InnovFin -- EU Finance for Innovators" offers a range of tailored products which will make available financing in support of research and innovation (R&I) by small, medium-sized and large companies and the promoters of research infrastructures. (Source: European Investment Bank, EDP Renewables, 19 October, 2018) Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com

More Low-Carbon Energy News European Investment Bank,  Wind,  EDP Renovaveis,  Repsol,  Windplus S.A,  

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