BW Ideol enters agreement for 5% interest acquisition in 30 MW EolMed floating offshore wind project
BW Ideol has entered into an agreement to acquire a 5% stake in a 30 MW floating wind farm project that is currently being developed in partnership with a consortium led by Qair.
Ideol is providing floater technology and is providing design and engineering services for the project. The 'EolMed' offshore wind project is progressing towards a final investment decision (FID) in the coming months.
The construction of the project is expected to commence in early 2022. It will be installed about 15 km off Gruissan, a town on the western part of the French south coast, and will have three 10-MW turbines supplied by MHI Vestas. The project is expected to enter commercial operation by 2023.
Country updates
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December 01, 2021
TotalEnergies commissions 55 MW solar project in Loiret
Total Energies has launched its largest solar power plant in France. The power plant has been set up in the department of Loiret with a generating capacity of 55 megawatts (MW). Located near Gien, th...
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November 29, 2021
Nordex to supply turbines for 44 MW Les Nouvions wind project in Hauts-de-France
The Nordex Group has received an order from RWE Renewables to supply and install wind turbines totaling 44 MW in France. The order also includes a Premium Service contract for the turbines covering a...
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November 25, 2021
DEME achieves significant milestone in the construction of 480 MW Saint-Nazaire offshore wind project
DEME Offshore, a member of DEME Group, has reached its halfway mark installation milestone with the foundation installation of the 480 MW Saint-Nazaire offshore wind farm in France. Having...
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November 23, 2021
ENGIE and Crédit Agricole reaches deal for 97.33% stakes in Eolia Renovables
ENGIE and Crédit Agricole Assurances reached an agreement with the Canadian institutional investment manager, Alberta Investment Management Corporation, to acquire a 97.33% stake in Eolia...
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November 16, 2021
Final close for USD1 bn Energy Impact Partners Fund II
Energy Impact Partners has announced the final close on Energy Impact Partners Fund II, its latest Flagship Fund. The final close has over US$1 billion in capital commitments. The fund brings togethe...
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