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Corio Generation is partnering with Hyperion Renewables, a Portuguese renewable energy developer, to explore opportunities to build offshore wind projects off the coast of Portugal.
The two companies have signed a Memorandum of Understanding (MoU) to work together in preparing applications for offshore wind tenders expected later in 2023. In January 2023, the Portuguese government announced a target to award 10 GW of offshore wind capacity by 2030, with the majority expected to be floating wind sites.
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