25 MW floating project planned in Portugal

Monday, 23 November, 2015 - 10:45
The WindFloat prototype has already produced more than 16 GWh over almost four years of operation. (Photo: Principle Power)
The WindFloat prototype has already produced more than 16 GWh over almost four years of operation. (Photo: Principle Power)

EDP Renewables, Mitsubishi Corp., Chiyoda Corp., ENGIE and Repsol create a consortium to implement a floating offshore wind farm in Portugal using Principle Power’s WindFloat Technology. The project will comprise a total capacity of 25 MW.

EDP Renewables (EDPR), Mitsubishi Corporation (through its subsidiary Diamond Generating Europe), Chiyoda Corporation (through its subsidiary Chiyoda Generating Europe), ENGIE and Repsol announced an agreement to implement a floating offshore wind farm off the coast of Northern Portugal, known as the WindFloat Atlantic (WFA) project.

The project, located 20 km off the Portuguese coast at Viana do Castelo, is planned to be operational in 2018 and will consist of three or four wind turbines on floating foundations, accounting for a total capacity of 25 MW. WFA will benefit from the support of the European Commission, through the NER 300 programme, and of the Portuguese Government through the Portuguese Carbon Fund. It was also selected for the InnovFin programme by the European Investment Bank.

The consortium will use the WindFloat technology, an innovative semi-submersible foundation developed by Principle Power. This technology was already implemented in a first of its kind prototype called WindFloat 1 near Póvoa do Varzim. It comprises 2 MW Vestas V80 commercial wind turbine mounted on a WindFloat floating offshore wind turbine foundation.

Video

The prototype has already produced more than 16 GWh over almost four years of operation – performing excellently through extreme weather conditions. Its successful results have been key for the creation of this consortium and the launch of the WindFloat Atlantic project, the aim of which is to demonstrate the economic potential and reliability of this technology, advancing it further in the path towards commercialization.

Additionally, Principle Power has signed a cooperation agreement with Shell for the continued development of floating offshore wind technology. “We are excited to have such a strong consortium of industry leaders investing in such an important project for Principle Power,” said João Metelo, CEO of Principle Power. “It is also a great privilege to welcome Shell as a technology partner. Shell provides our team access to an unparalleled knowledge base, crucial in realizing the WindFloat as a paradigm shift, in both cost and risk, to the offshore wind industry. Today’s announcements represent key milestones on the path to commercialization for the WindFloat technology and further demonstrate its financial viability and competitiveness.”

Katharina Garus

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