Gazelle Wind, WAM to develop Portuguese floating wind pilot project

Offshore staff

DUBLIN, Ireland and AGUÇADOURA, Portugal — Gazelle Wind Power, developer of a modular floating offshore wind platform, has teamed up with renewable energy developer WAM Horizon to accelerate the development of a pilot plant using Gazelle’s floating wind platform in Aguçadoura, Portugal.

WAM will provide Gazelle with strategic advisory to successfully implement this project.

Portugal-based WAM Horizon is the holding company for WAM Investments, an investment management office focused on developing renewable energy assets and companies. The WAM Horizon team has extensive experience supporting and developing the offshore wind industry, including involvement in the 25-MW WindFloat Atlantic Project, which the company says is the first of its kind in Portugal. 

Portugal targets 10 GW by 2030.

Gazelle’s lightweight, modular and scalable solution not only reduces costs but can also utilize existing port infrastructure to develop commercial projects in Portugal in the future, the company said.

04.04.2023