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German investment of €2 billion in offshore wind in Portugal is at risk

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The project is by the German company BayWa and was made known to the Portuguese Government in June 2021. The company intends to install a wind farm of up to 600 megawatts (MW) off Viana do Castelo, with an investment that could amount to 2 billion of euros. But the inability of the Portuguese State to give a guarantee that the project can go ahead is leaving the Germans on the verge of a nervous breakdown… and giving up on the idea.

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