"Galp and TotalEnergies have agreed to jointly explore potential offshore wind opportunities in Portugal, as the country prepares to promote a plan for 10GW of offshore wind-power capacity in the coming years. The two companies will work together to develop potential offshore wind projects along the Portuguese coast. This partnership will combine Galp’s presence, experience, and knowledge in the Portuguese market with TotalEnergies’ expertise in large-scale offshore wind projects (with a 12GW global portfolio) and growing Iberian presence. Portugal, one of the European countries with the highest share of wind power in its electricity mix, has set the ambition to promote the development of 10GW of offshore wind capacity. This opens a range of opportunities given its wide coastline with favourable weather conditions and the existing industrial infrastructure, according to the pair."

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