Wind Energy – Capacity Agreement
OW Ocean Winds has signed a reserved capacity agreement with Navantia S.M.E for the manufacture of elements for future offshore wind farms, including floating structures for future farms in Spain, Portugal, and other European countries!
This agreement foresees the construction of a large number of components for our offshore wind farms, including between eight and twelve floating foundations per year, from 2027 to 2031 with the possibility of extending for two more years.
Bautista Rodriguez, CEO of OW Ocean Winds commented: “Since the inception of our WindFloat prototype in 2011 in Portugal, we have been convinced of the potential of the Iberian Peninsula to become a hub for the floating offshore wind energy sector. With this agreement, Ocean Winds continues its commitment to this floating technology and is preparing, hand in hand with our historical partner Navantia, future projects in the framework of the acceleration of the offshore wind energy targets announced by both Spain and Portugal.”