Portugal has sharply raised its ambitions for a first auction of offshore floating windfarm lease rights in line with the recommendations of a government-appointed working group.

The offshore wind tender, expected to reach its conclusion next year, will target a total installed capacity of between 2 and 3.5GW, up from an earlier goal of around 1GW announced when the tender plans were first announced in May, environment and climate action minister Duarte Cordeiro told Reuters news agency today (Tuesday).