Lisbon, October 23, 2024 – Leading Portuguese maritime engineering company Etermar announced the launch of Etermar Energia. The new branch is entirely dedicated to renewable energy, with a strong focus on offshore wind.
With a proven track record built for over five decades in complex engineering projects across four continents – from France to Equatorial Guinea, or the UAE to Peru -, Etermar Energia enters the market aiming to become a strategic partner for the development of offshore wind projects worldwide.
At a time when the floating offshore wind market is in rapid development but faces rising material costs, Etermar Energia shows the necessary experience and production capacity in concrete, secondary steel and sea fastening structures, and also the ability to offer competitive solutions.
The company is strategically positioned to meet the needs of the global offshore wind market. It has its own port facilities in Setúbal, Portugal, with a construction area of over 17 hectares (42 acres) and plans on expanding in 2026. Etermar also shows the capacity to manufacture and export worldwide with equipment such as 30 cranes, more than 30 operating vessels, and 37 support vessels.
“We believe that Etermar’s experience, technical capacity, and commitment to innovation, combined with our market knowledge and global network of partners, will make Etermar Energia a leading partner to players in the offshore wind market”, emphasizes Luís Machado, Etermar Energia’s Executive Director.
The company has shown a strong commitment to innovation and the development of sustainable solutions for the offshore wind sector. Etermar Energia is currently a partner in ONDEP, a Horizon Europe-funded project studying how to implement, test and improve the technology for harnessing the potential of wave energy. The company will cast reinforced concrete floating foundations and manufacture steel structures to be towed to Peniche.
Etermar Energia will also be producing reinforced concrete floaters in a project funded by Next Generation EU, coordinated by the Portuguese Alliance for Energy Transition. It also maintains an important partnership with ECOncrete to promote the growth of marine species on submerged concrete structures.
The company has established partnerships with over 20 developers from 13 different geographies, and is open to new partnerships and challenges across the globe.