Oxan Energy wins first Estonian floating offshore wind tender

French developer Oxan Energy has won the first Estonian floating offshore wind tender and together with partner and financial advisor SNOW, will develop the Saare 1 project.

Saare 1 will be located 60km off the coast of the Estonian island Saaremaa and will have a potential capacity of 900MW.

The Estonian authorities have tendered the Saare 1 floating offshore wind zone, which has a surface area of 88km and a water depth up to 85 meters.

Oxan Energy and SNOW will start to conduct the environmental and technical studies, starting with the environmental impact assessment.

The Saare project will use floating wind technology. However, given the water depth, the project has the potential to combine floating and bottom-fixed technologies.

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The lay-out of the wind farm, including the technology to be used, will be decided after the impact assessment based the environmental and technical studies.

The project is expected to be commissioned in 2033.

Nicolas Paul-Dauphin, CEO of Oxan Energy, commented in a statement: “Estonia has made significant steps to deploy offshore wind energy, including one-stop shop for permitting, the grid connections and the ports infrastructures. Oxan Energy feels privileged to contribute to the decarbonization of Estonia and thus strengthen our presence in Europe”.

Estonia still relies heavily on fossil fuels in its generation mix. This tender will support Estonia’s goal to generate 100% of its electricity from renewable sources by 2030.