French floating wind project gets EUR 85m in funding

Designated areas for floating wind turbines off the cost of France. Source: Wikimedia Commons Licensed under the Creative Commons Attribution 2.5 Generic license.

September 12 (SeeNews) - French wind energy company Eolfi said its 24-MW floating offshore wind project has been authorised to receive EUR 85 million (USD 93.5m) in funding under the "Investments for the Future" programme (PIA).

Eolfi is partnering on the project with CGN Europe Energy, a unit of Chinese China General Nuclear Power Group (CGN).

The consortium with its project near the island of Groix in Brittany is one of the two winners in the country's tender for pilot floating offshore wind farms that were announced at the end of July. The other is the Quadran-led EolMed consortium with a 24-MW project near Gruissan.

The EUR-183.3-million project off Groix will be supported by PIA with a grant of up to EUR 34 million and EUR 51 million of repayable advances. The floating wind farm will consist of four of the 6-MW Haliade offshore wind turbines, with a potential to add another two. The floating structures will be designed by naval defense and energy group DCNS, while Vinci will be the construction contractor.

(EUR 1.0 = USD 1.100)

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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