OWC and WavEC Team up for Portuguese Floating Wind

Source: www.gulfoilandgas.com 7/20/2023, Location: Europe

International renewable energy consultancy OWC has entered into a partnership with Portugal-based ocean engineering and floating technology specialist, WavEC, creating a strategic alliance with an enhanced joint technical capacity to best support Portugal in delivering its offshore wind targets.

Portugal plans to auction 10 GW of floating wind potential in 2023. This strategic partnership pools OWC’s global capabilities and track-record in more than 50 floating wind projects, with WavEC’s established market presence, offshore site testing resources and expertise in environmental impact assessment and the optimisation of operations & maintenance in floating wind.

The partnership also brings together two like-minded companies with a history of successful collaboration, to provide clients with an even bigger and better service offering to support optimised decision-making throughout the lifecycle and value chain of a floating wind project.

“By bringing together our teams at OWC and WavEC, we are providing an optimal competence mix to support the Portuguese offshore wind market. We have already been working side by side on many innovation projects globally, and development projects locally. Historically, we also both have experience on the country’s pioneering floating wind project, Windfloat Atlantic. We are now well placed to support the next 10 GW of floating wind together.” William Cleverly, CEO of OWC

Founded in 2003, WavEC specialises in driving innovation and development in wave energy, offshore wind, aquaculture and ocean engineering projects. Its services include environmental monitoring, technology development, project development, advisory and strategy, numerical modelling and training. Headquartered in Lisbon, WavEC collaborates with clients all over the world and manages an offshore test site for floating, wave energy and other ocean technologies, together with the Portuguese research institute INESC TEC.

OWC is a specialist global consultancy that helps develop and deliver projects and investments in offshore and onshore wind, solar PV, battery energy storage, hydrogen, and wave & tidal energy. The company operates across 14 countries, and specialises in project development services, owner’s engineering and technical due diligence.

“The cornerstone of this partnership is the successful cooperation between our two companies over many years and numerous projects, creating a foundation of trust to best serve renewable energy markets at home and abroad. Together we are able to provide a wider service offering and stronger capacity to support the expansion of commercial-scale floating wind in new markets.” Marco Alves, President of WavEC’s Board of Directors

OWC is part of Oslo-listed ABL Group ASA, an independent consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in energy and oceans. OWC also includes geo-consulting specialists East Point Geo, the French marine renewable energies specialists Innosea, and it has recently entered into an agreement to acquire the wind turbine generator (WTG) specialists Delta Wind Partners.


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