DEME, FARIA Renewables Sign Deal to Co-Develop Offshore Wind Farms in Greece

Belgian company DEME said it signed a deal with Greek renewable energy developer and independent power producer FARIA Renewables to explore opportunities and co-develop offshore wind farms in Greece.

“Recognising the unique potential for growth in the offshore wind industry in the Mediterranean Sea and the evolving market, both companies aim to play a significant role in the region,” DEME said in a statement.

DEME and FARIA Renewables will join forces, drawing upon their extensive track records and expertise, to comprehensively assess Greece’s maritime area, identifying optimal sites for offshore wind farm development, it added.

The companies will conduct in-depth research and exploration, engaging with stakeholders and local communities while simultaneously supporting and creating synergies with the domestic supply chain, ultimately developing successful and competitive projects.

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