French energy giant Total has become a 20% shareholder in the Eolmed floating wind farm pilot project in the Mediterranean.
The Paris-headquartered firm will support Eolmed’s development alongside majority shareholder Qair.
Eolmed is located off the coast of Gruissan and near Port-La-Nouvelle, Occitan region, and will have a capacity of 30 megawatts on completion.
Total currently has interests in floating wind projects in South Korea and the UK, with the 100 MW Erebus project in the Celtic Sea.
Julien Pouget, Director Renewables of Total, stated: “This announcement once again
demonstrates the Group’s ambition and willingness to innovate in the field of renewable energies.
“Floating offshore wind is a very promising segment in which Total notably brings its
extensive experience in offshore projects.
“Together with our partner Qair, we have the necessary resources to meet the technological and financial challenges that will determine our future success.
“I am delighted that Total can contribute to the emergence of this new sector in France.”
Louis Blanchard, CEO of Qair, said: “The Eolmed project is at the heart of the Occitanie Region’s strategy for the development of renewable energies, actively supported by local partners.
“It also demonstrates Qair’s ambition to become a major player in floating offshore wind energy in Europe.
“By joining forces with a renowned French industrial partner for this innovative project developed by our teams since 2016, Qair is strengthening its technical expertise for the realisation of the Eolmed project and for future floating wind projects.”