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France unveils winner of its first floating offshore wind tender (250 MW)

France has announced the results of its first tender to develop a commercial-scale floating offshore wind project. The 250 MW Pennavel project, which will be built off the south coast of Brittany (north-western France), was awarded to a consortium between Belgium’s Elicio and Germany’s BayWa r.e. The offer proposed by the consortium amounted to €86.45/MWh. Once completed, the Pennavel project will be able to supply electricity to 450,000 French households. 

France had opened the AO5 tender in April 2021 to develop its first commercial floating offshore wind project, and was originally seeking a capacity of 270 MW. The tender brought together ten candidates pre-selected by France’s Commission for Regulation of Energy (CRE). 

France aims to develop 18 GW of offshore wind capacity by 2035 and 45 GW by 2050, and to reach carbon neutrality by 2050. Earlier in May 2024, France inaugurated its third commercial scale offshore wind park, the 500 MW Fécamp project.