Through the Agreement on the European Economic Area (EEA), Iceland, Liechtenstein and Norway are partners in the internal market with the Member States of the European Union. As a way of promoting a continuous and balanced strengthening of economic and trade relations, the parties to the EEA Agreement have established a multiannual Financial Mechanism, known as EEA Grants. The EEA Grants aim to reduce social and economic disparities in Europe and strengthen bilateral relations between these three countries and the beneficiary countries. For the period 2014-2021, a total contribution of €2.8 billion has been agreed for 15 beneficiary countries. Portugal will benefit from a sum of 102.7 million euros. Learn more at eeagrants.gov.pt
WUNDER OCEAN
Creation of software and patent labels for the WIND sector
Business lines
Wunder Ocean is a company that develops innovative technology that has been developed in R&D during the past years to increase the efficiency in the wind energy sector at different stages like: planning, construction, H&S, and O&M. The solution Wunder Ocean offers are reducing costs and time to wind energy promotors, both onshore and offshore. Wunder Ocean has two main areas:
- LOOP Wind: An AI software platform, based in Machine Learning which seeks to optimize the location of offshore wind platforms.
- Innovative technology for the wind sector: Development of several products that will be a breakthrough in the wind energy sector, such as the Self-Erecting-Tower and others, which patents are pending.
How does wind
power work?
Wind energy is a source of renewable energy, it does not pollute, it is inexhaustible and it reduces the use of fossil fuels, origin of the greenhouse emissions that cause the global warming. In addition, wind energy is an autochthonous energy, available in virtually the entire planet, which contributes to reducing energy imports and creating wealth and employment locally.
Therefore, the production of electricity by means of wind power and its use efficiently contribute to sustainable development.
"Wunderocean was awarded a certificate of Suitability for Research and Development" by ANI (Agencia Nacional de Investigacao) in March 2021 which gives fiscal incentives to investors.