Greenvolt has announced a strategic partnership with BlueFloat Energy to develop offshore wind projects in Portugal.
The objective of the partnership is to fulfill Portugal's recently announced goal of achieving 10 GW of offshore wind installed capacity by 2030. This partnership is a vital step towards the European Union's decarbonization goal, and Portugal has been at the forefront of floating offshore wind technology deployment.
Portugal has enormous potential for offshore wind energy production, and the partnership of Greenvolt and BlueFloat Energy will help unlock the potential of this technology in the country. Both companies will complement each other: Greenvolt brings local development and permitting expertise and strong brand recognition locally, while BlueFloat Energy contributes extensive technical expertise in floating offshore wind and a unique understanding of the technology.