French offshore wind developer Oxan Energy has won the first Estonian floating offshore wind tender.
Together with its partner SNOW, Oxan Energy will develop the Saare 1 project, which has a potential capacity of 900 MW. The Estonian authorities have tendered the zone of Saare 1, located 60 kilometres off the coast of Saaremaa island.
The zone has a surface area of 88 square kilometres and a water depth of 85 metres.
Oxan Energy and SNOW, a financial advisor specialising in renewable power generation, will develop together the project. The consortium will conduct the environmental and technical studies, starting with the environmental impact assessment.
The project will use floating wind technology. However, given the water depth, the project has the potential to combine floating and bottom-fixed technologies.
The layout of the wind farm, including the technology to be used, will be decided after the impact assessment based on the environmental and technical studies.
Oxan Energy expects the project to be commissioned in 2033.