Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe

ENGIE and EDP offshore partnership names itself Ocean Winds

By WPED Staff | July 22, 2020

ENGIE and EDP Renováveis have announced the creation of Ocean Winds (OW), a joint venture equally controlled by both companies in the floating and fixed offshore wind energy sector. The new company will act as the exclusive investment vehicle to capture marine wind energy opportunities around the world and will become one of the Top 5 offshore global operators by combining the industrial and development capacity of both parent companies.

The Ocean Winds name comes from the physical sound of wind. The companies developed an algorithm and equipment to transcribe into letters the sound of the wind recorded offshore over a 48-hour period. The two most commonly occurring letters were “O” and “W”, thus giving rise to the name Ocean Winds. Find out more about the name here.

“OW has been created with the intention of combining the experience and knowledge of two companies with a successful track record in the generation of renewable energy under one single firm, in order to take a leading position in the marine wind sector,” said Spyros Martinis, CEO of OW. “We share a vision for the key role of renewables in general, and offshore in particular, in the new energy model. The creation of a company combining the experience and resources of both will give us the chance to lead a sector in this increasingly real and necessary transition.”

Grzegorz Gorski, COO of OW, added: “We are continuously monitoring the evolution and regulation of multiple countries. We are seeking not just to grow in the markets where we are already present, but also to explore opportunities to add value in new countries.”

OW will have over 200 employees at the time of its launch and expects to reach 300 toward the end of the year. The team will represent over 15 different nationalities, including highly qualified staff, almost one-third of them women and 99% with fixed employment contracts.

OW primarily targets markets in Europe, the United States and selected geographies in Asia, from where most of the growth is expected to come.

News item from OW


Filed Under: News

 

About The Author

WPED Staff

Related Articles Read More >

Richardson Electronics to deliver pitch energy modules to TransAlta wind fleets
Equinor halts work on Empire Wind offshore project after federal government order
ARESCA wants input on offshore wind standards
US wind market has worst install year since 2013

Podcasts

Wind Spotlight: Looking back at a year of Thrive with ZF Wind Power
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Subscribe to Windpower Engineering
  • About Us/Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe