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Portugal plans 10GW offshore wind cluster in Atlantic Ocean

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Portugal’s government is set to develop a 10GW offshore wind cluster in the Atlantic Ocean as part of its strategy for the country’s first offshore licence auction, scheduled for 2025. The plan, formulated by the Economy Ministry and the Environment Ministry, includes a 2,000km² site, as reported by Reuters. Secretary of State for the Sea Lidia Bulcao emphasized the importance of creating a large-scale, predictable offshore renewable energy sector in Portugal. The government aims to…

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Stiesdal Offshore partners with Copenhagen Infrastructure for floating wind sector

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Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this partnership, CI V has acquired a minority stake in Stiesdal Offshore. Stiesdal will provide engineering services and project execution support, focusing on reducing costs, simplifying project execution, and accelerating the growth of floating offshore wind. The floating wind…