Ocean Winds and Terna Energy to develop floating offshore wind farm in Greece

Ocean Winds, the joint venture between EDP Renewables and Engie, has signed a collaboration agreement with renewables developer Terna Energy to co-develop a floating offshore wind project in Greece.

The two parties have joined forces to identify the most suitable areas for the offshore wind project, which is expected to have capacity of 1.5 gw.

“We have been monitoring the strong fundamentals of the Greek offshore market and its potential to become one of the most important in the Mediterranean. Ambitious renewable energy targets, excellent wind conditions, growing grid availability and a strong industrial and maritime tradition are some of the key elements that confirm the attractiveness of the Greek market,” said Ocean Winds chief executive Spyros Martinis.

“Together, we will be able to help the Greek energy sector achieve national energy targets. At the same time, we will add value to multiple sectors of the economy, providing investment in shipyards, ports, grid interconnections and other sectors that will create multiple direct and indirect jobs,” said Terna Energy chairman George Peristeris.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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