The largest floating wind park in the world will be located in Portugal And the technology is meant to be exported

The Secretary of State for Energy, João Galamba, the Minister of Environment, João Matos Fernandes, and the president of EDP, António Mexia

António Mexia and João Manso Neto guarantee that the Windfloat technology is a "new generation of wind energy" and can be replicated in countries such as Japan or France. There is still a need to lower costs.

The world's first floating wind power plant will be Portuguese and will be born in the sea, 20 km from the coast of Viana do Castelo, in 2019, by Windplus, a subsidiary company of EDP Renováveis, Repsol and Principle Power, with a financing of EUR 60 million from the European Investment Bank. In total, the second phase of the project - which will now enter its pre-commercial phase called Windfloat Atlantic - will last for three years and have a total investment of 125 million euros, the president of EDP, António Mexia, announced yesterday.

"This project is groundbreaking and innovative worldwide in regard to offshore renewable energy," said Mexia, advancing with cost forecasts of 65 euros per MWh for the construction of this plant (about one third of the value compared to the more than 200 euros per MWh that were registered in 2010). He also left a future scenario of exporting this new generation of "wind energy to countries like Japan and others that need renewable energy but do not have space on land and bet on offshore wind and in these innovative technologies, in which Portugal is on the front line."

Read more in Diário de Notícias