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

Annual subscription

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

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

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

Since 2021: 35,000 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.

Driven by solid operational performance, Nordex has raised its 2025 EBITDA margin forecast to 7.5–8.5%, up from the previous 5–7%, following a significant improvement in preliminary third-quarter results.
Neoen’s Goyder South Wind Farm reaches full generation capacity, strengthening the French group’s presence in Australia’s energy market with 412 MW connected to the grid.
The Australian government has granted environmental approval for the 108 MW Waddi Wind Farm, a Tilt Renewables project with construction costs exceeding $400mn.
The 180 MW Nimbus wind project enters its final phase of construction in Arkansas, with commercial operation scheduled for early 2026.
Faced with market uncertainty in Europe, Siemens Gamesa pauses a planned industrial investment in Esbjerg, highlighting structural difficulties in the offshore wind sector.
Institutional deadlock in France delays tenders and weakens the offshore wind sector, triggering job cuts and major industrial withdrawals from the market.
The Lithuanian energy group has signed a EUR 318 million financing agreement for its 314 MW wind project, the largest in the Baltic states.
German group BayWa r.e. has tasked Enercoop Bretagne with implementing a citizen investment scheme for its planned wind farm in Plouisy, aiming for shared governance and stronger local involvement.
US wind capacity fell in Q2, but developers anticipate a sharp increase by late 2025, with 46 GW of new capacity forecast by 2029 and a peak in 2027.
Engie has signed a renewable electricity supply contract with Apple covering 173 MW of installed capacity in Italy, with commissioning scheduled between 2026 and 2027.
Renova a soumis une méthodologie d’évaluation environnementale pour un projet éolien terrestre de 280MW à Higashidori, renforçant son positionnement sur les technologies renouvelables au Japon.
The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.
With a 300 MW partnership signed with Nadara, Q ENERGY exceeds 1 GW of wind repowering projects in France, reinforcing its position in a market driven by public investment dynamics.
The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.
Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.
British operator Equitix has been selected to take over transmission assets of the Neart na Gaoithe offshore wind farm, a £450mn ($547mn) project awarded under Ofgem’s tenth tender round.
Energiequelle GmbH has launched replacement work for old turbines at its Minden-Hahlen site, aiming for long-term structural maintenance with the installation of three new 200-metre machines.
GE Vernova will equip the Ialomiţa wind farm with 42 turbines of 6.1 MW, strengthening its presence in the European onshore wind sector with a 252 MW project in partnership with Greenvolt.
Eversource Energy posts a one-time $75mn charge linked to unforeseen costs in the Revolution Wind project, while tightening its 2025 earnings forecast.
The Renewables Infrastructure Group has signed a ten-year power purchase agreement with Virgin Media O2 for its onshore wind farms in the United Kingdom, ensuring price stability for both parties.

All the latest energy news, all the time

Annual subscription

8.25€/month*

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

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

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

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