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EU loan helps kick-start construction of floating wind farm off the coast of Portugal

The European Investment Bank has announced a 60m loan to help fund the world’s second floating offshore wind farm in Portugal. Windplus – a subsidiary of EDP Renewables, Repsol and Principle Power – are developing the 25 MW floating offshore wind farm 20km off the Portuguese Viana do Castelo coast .

Dallas Office Development Receives Financing  · The development will be located in Fort Worth’s Near East neighborhood amidst UGM’s campus. Founded in 1888, UGM is a Christian nonprofit organization whose mission is to provide food, shelter, and supportive services to homeless and formerly homeless individuals in the community.

 · The energy company is part of the WindPlus consortium, set up by Energias de Portugal, REPSOL and Principle Power Inc., which has secured a 60.

 · By 2030, offshore wind capacity could total 150 GW, meeting 14% of the EU’s total electricity consumption. click to enlarge However, for this to happen, a supportive legislative framework is needed, and new offshore designs must be developed for deep water in order to tap the large wind potential of the Atlantic, Mediterranean and deep North Sea waters.

Construction on the world’s largest floating wind farm is set to begin this year off the coast of Scotland after developers were granted a lease on Monday. Five turbines will operate in waters.

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

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Newsroom Archive. Energy efficiency: Commission calls on 7 Member States to correctly transpose EU rules. The European Union reduced its greenhouse gas emissions by 22% between 1990 and 2017, while the economy grew by 58% over the same period.. EU loan helps kick-start construction of floating wind farm off the coast of Portugal. Source.

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25MW Floating Wind Farm Planned off Portugal November 16, 2015 News EDP Renewables (EDPR), Mitsubishi Corporation (through its subsidiary Diamond Generating Europe), Chiyoda Corporation (through its subsidiary Chiyoda Generating Europe), Engie and Repsol today announced an agreement to implement a floating offshore wind farm off the coast of.

 · The european investment bank today announced a 60m loan to help fund the world’s second floating offshore wind power plant in Portugal. Windplus – a subsidiary of EDP Renewables, Repsol and Principle Power – are developing the 25 MW floating offshore wind farm 20km off the Portuguese Viana do Castelo coast.

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