France secures EUR 11bn for three floating wind farms with European approval

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.

Share:

Comprehensive energy news coverage, updated nonstop

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

7-Day Pass

Up to 50 articles accessible for 7 days, with no automatic renewal

3 €/week*

FREE ACCOUNT

3 articles/month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 30,000 articles • 150+ analyses per week

The European Commission has validated a French scheme amounting to EUR 11bn ($11.9bn) to support the creation and operation of three floating wind farms with a total capacity of 1.5 GW. This programme falls within the Clean Industrial Deal State Aid Framework (CISAF) and is intended to help meet the energy targets set by France for 2030.

A structured 20-year public financing
The public support will take the form of direct assistance through bilateral Contracts for Difference (CfD), awarded after a competitive bidding process. Each maritime zone will have a single winner, selected according to supply chain resilience criteria to reduce dependence on certain markets, particularly China. This measure aims to stimulate domestic production of turbines and components by ensuring diversification of suppliers for the entire floating wind sector.

The three targeted projects include one site off the coast of South Brittany and two others in the Mediterranean. Each is planned to have a capacity of around 500 MW and an estimated annual production of 2.2 TWh, equivalent to the yearly consumption of 450,000 French households.

Tenders and sectoral ramp-up
The AO9 tender, launched in July 2024, concerns four new sites for floating wind. Twelve candidates have been pre-qualified by French authorities, illustrating the industrial sector’s interest in these opportunities. This process aims to strengthen the structure of the national sector while meeting European requirements for supply security and industrial sovereignty.

In June 2025, France saw the full commissioning of its first floating wind pilot project. The Provence Grand Large project, equipped with three Siemens Gamesa 8 MW turbines, is located 17 kilometres from Port-Saint-Louis-du-Rhône and has a capacity of 25 MW. This pilot site marks a key step for the scale-up of floating wind in France and for demonstrating the technological viability of this industry.

Industrial outlook and national capacities
The European validation of this public financing comes in a context of increased international competition and industrial sovereignty challenges. The European Commission highlighted that resilience and diversification of supply chains were included as criteria to strengthen sector robustness. The development of floating wind is expected to enable France to consolidate its position in the European energy market while supporting its long-term production targets.

Italian group Dolomiti Energia secures €200mn loan from the European Investment Bank to finance wind farms and modernise power infrastructure in two strategic regions of the country.
Wpd launches a crowdfunding campaign to support the construction of the Bréhand wind farm, aiming to raise €400,000 from residents with a fixed annual interest rate of 7%.
Danish group Orsted will cut a quarter of its workforce by 2027 and reduce its exposure to the United States, relying on a $9.4 billion recapitalisation to consolidate its development in Europe and Asia.
Developer Gwynt Glas enters development phase after signing a lease agreement with The Crown Estate, paving the way for a 1.5GW floating offshore wind project in Welsh waters.
From January 2026, the southern Polish city of Sosnowiec will power its municipal institutions entirely with renewable electricity under a public contract awarded to local provider Hekla Energy.
VSB France begins construction of its largest onshore wind project, a strategic 39.9 MW investment across two municipalities in Calvados, with commissioning scheduled for 2027.
Shell U.S. president stated that cancelling fully permitted wind projects severely undermines investor confidence in the energy sector.
TotalEnergies could bring EDF into the Centre Manche 2 offshore wind project after RWE’s planned withdrawal, strengthening the industrial and financial prospects of the two neighboring parks scheduled for 2032.
Envision Energy has signed an agreement to equip Kazakhstan’s largest wind power project, marking a strategic step in energy cooperation with TotalEnergies, Samruk-Energo and KazMunayGas.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.
Encavis strengthens its wind portfolio in Germany with the acquisition of a Schierenberg project and the signing of four new partnerships with ABO Energy, for a joint total capacity of 106 MW.
Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.
Eiffage, through its Belgian subsidiary Smulders, will build three electrical substations to connect offshore wind farms in Brittany and the Mediterranean, under a contract exceeding €1.5bn ($1.59bn).
Envision Energy has published an environmental product declaration for two of its turbines, a milestone certified to ISO standards aimed at strengthening its position in international wind markets.
Yaway, a brand of Kallista Energy, commissions in Breteuil a very high-power charging station directly connected to wind turbines, offering a price of €0.30/kWh ($0.32/kWh) and a maximum power of 400 kW, with no subscription.
Fortescue has selected Envision Energy to supply next-generation turbines in Australia, the first step in a project targeting 2 to 3 GW of renewable generation backed by batteries.
Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.
Ørsted and Korea South-East Power Co. (KOEN) have signed a memorandum of understanding to explore joint development of the 1.4 GW Incheon offshore wind project, located off South Korea’s west coast.

All the latest energy news, all the time

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

7 DAY PASS

Up to 50 items can be consulted for 7 days,
without automatic renewal

3€/week*

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.