France awards two wind farm projects in the Mediterranean with €800 million investment

The French government has selected two consortia to construct floating wind farms in the Mediterranean, targeting a combined capacity of 500 MW with an estimated investment of €800 million.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

The French government has officially awarded two floating wind farm projects in the Mediterranean, each with a capacity of 250 MW. These projects are part of the national strategy to accelerate the energy transition and strengthen a green industrial sector in France. Selected locations and designated companies The first project,…

The French government has officially awarded two floating wind farm projects in the Mediterranean, each with a capacity of 250 MW. These projects are part of the national strategy to accelerate the energy transition and strengthen a green industrial sector in France.

Selected locations and designated companies

The first project, located in the “Narbonnaise” zone, over 25 kilometers off the coast between Agde (Hérault) and Port-la-Nouvelle (Aude), was awarded to a consortium consisting of Ocean Winds (a joint venture equally owned by Engie and EDPR) and Eolien en Mer Participation.

The second project, situated in the “Golfe de Fos” zone, off the coast of Fos-sur-Mer (Bouches-du-Rhône), will be developed by Eoliennes Méditerranée Grand Large, a company involving EDF Renouvelables and Maple Power.

Financial prospects and timelines

Ocean Winds, a partner of Caisse des Dépôts and Banque des Territoires, estimates a total investment of €800 million for its project. It will include 12 turbines of 21.5 MW each, measuring 163 meters to the nacelle and up to 300 meters in total height.

According to Marc Hirt, Managing Director of Ocean Winds France, a final investment decision is expected around 2029 or 2030, accounting for potential legal challenges. Construction could begin in the early 2030s.

Contract terms and industrial commitments

Both consortia have committed to fully recycling the wind turbines, including blades and magnets. They also plan to allocate 10% of the work, including studies, component manufacturing, and operations, to small and medium-sized enterprises (SMEs).

The electricity purchase price proposed by the companies, reviewed by the government, is set at €92.7 per megawatt-hour (MWh) for Ocean Winds.

A strategic framework for offshore wind

These new projects align with France’s objectives of developing 18 GW of offshore wind capacity by 2035 and 45 GW by 2050. Currently, the total capacity of offshore wind projects in operation, under construction, or in development is approximately 5.3 GW.

These initiatives follow the recent commissioning of the Fécamp and Saint-Brieuc wind farms and the awarding of a first floating wind project in spring 2024.

Buchan Offshore Wind has submitted its marine consent applications to the Scottish authorities for a large-scale floating wind project, marking a strategic step in energy development in northeast Scotland.
The VSB Group has completed the repowering of the Elster wind farm in Germany, replacing 50 turbines with 16 new Siemens Gamesa machines, increasing the total capacity from 30 to 105.6 megawatts.
The EBRD’s additional financing will raise the capacity of the Gvozd wind farm to 75 MW, making it the largest in the country. This project, led by EPCG, marks a key industrial milestone in Montenegro’s energy sector.
The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.
The Danish turbine manufacturer posted a 14% increase in quarterly revenue, despite a sharp drop in order intake and negative cash flow.
German authorities have approved two onshore wind projects totalling more than 86 MW, with commissioning planned from 2027.
Ørsted strengthens its financial structure with a rights issue backed by the state, following the failed partial sale of the US Sunrise Wind project.
Forestalia has signed a ten-year power purchase agreement with Galp Energia Espana to refinance a 42.7 MW wind farm in Aragon, securing stable revenues through coverage of 65% of its annual production.
Encavis AG continues its growth in Germany with the acquisition of a 34-megawatt wind project in Sundern-Allendorf, sold by PNE AG and secured by a twenty-year feed-in tariff.
The last monopiles manufactured by Navantia Seanergies and Windar Renovables have been delivered to Iberdrola for the Windanker offshore project, marking a major milestone for the European XXL offshore wind component manufacturing industry.
Envision Energy's two-blade prototype has now reached over 500 days of continuous operation, achieving a 99.3% availability rate and confirming its potential compared to industrial standards.
RWE signs long-term agreements with North Star for four new service vessels, strengthening maintenance of its offshore wind farms in the United Kingdom and Germany amid a tight market for specialised maritime capacities.
AMEA Power partners with Cox for the second phase of the Agadir desalination plant, set to reach 400,000 m³/day with power supplied by a 150 MW wind farm in Laayoune.
Buhawind Energy Northern Luzon Corporation secures grid connection study approval, bringing the launch of one of Southeast Asia’s largest offshore wind projects closer.
France receives approval from the European Commission for a major public financing of EUR 11bn aimed at three floating wind projects totalling 1.5 GW, with a framework strengthening the national industry.
The new Vilpion onshore wind farm, led by TotalEnergies and RWE in Aisne, has a capacity of 15 megawatts and marks a milestone for the renewable energy industry in France.
Koehler Renewable Energy and CMB Energy formalise a joint venture to develop, operate and acquire wind farms targeting one gigawatt of installed capacity by 2030, with potential expansion into solar and storage.
Gentari and Amazon Web Services have entered into an 80 MW power purchase agreement in India, marking a major step for large-scale wind energy development in the region.
Washington removes regulatory requirement mandating biennial publication of five-year schedule for offshore renewable energy auctions, offering increased flexibility to Interior Secretary.
Europe aims for 84 GW of offshore wind by 2030 versus 36.6 GW currently. Port and naval investments require an additional 6.4 billion euros.
Consent Preferences