Ørsted, Repsol Join Forces in Spanish Offshore Wind Market

“After several years of concept development and small-scale testing, floating offshore wind is now on the brink of commercialization,” Ørsted said in a statement announcing its partnership with Repsol.

Reuters

Spain’s Repsol and Denmark’s Ørsted are teaming up in a bid to jointly develop floating offshore wind in the nascent Spanish market, the two energy companies said on April 5.

Spain has a vast onshore wind fleet but its coastal waters are too deep to install traditional bottom-fixed turbines so it is pinning its growth hopes on floating wind farms, which can be deployed in deeper waters.

“After several years of concept development and small-scale testing, floating offshore wind is now on the brink of commercialization,” Ørsted said in a statement.

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