If you are a developer dealing with high installation costs in deep waters — this project developed a 5 MW pyramidal floating unit that aims to lower the cost of energy to 85€/MWh by 2030.
Reducing Costs for Large-Scale Floating Offshore Wind Power Generation
Imagine a giant wind turbine that doesn't need to be bolted to the seafloor, but instead floats on a clever pyramid-shaped base. This project is building a real-world version to prove it can be made cheaply and at a massive scale. It's like moving from a hand-built custom car to a factory assembly line for clean energy.
What needed solving
Floating wind turbines are technically possible but too expensive to build at scale due to poor integration between the turbine and its float. This leads to high CAPEX and a lack of standardized manufacturing processes in Europe.
What was built
A 5 MW pyramidal floating wind turbine unit connected to the grid in Le Croisic, France, and a standardized industrial production plan.
Who needs this
Who can put this to work
If you are a port operator dealing with bottlenecks in turbine assembly — this project developed a standardized manufacturing and logistics plan to enable large-scale production of floating farms.
If you are a manufacturer dealing with inefficient custom designs — this project developed an integrated optimization between the turbine and the float to reduce CAPEX.
Quick answers
What is the target cost for the energy produced?
The project aims to reach a Levelised Cost of Energy (LCOE) of 85€/MWh by 2030 and further reduce it to 57€/MWh after 2035.
At what scale is the technology being tested?
The project is demonstrating a disruptive 5 MW floating unit with a pyramidal design.
How is the intellectual property or licensing handled?
Based on available project data, specific licensing terms are not mentioned, but the project focuses on creating a European industrialisation pathway.
When will the results be available for industrial use?
The project runs from October 2025 to September 2029, with a specific target for cost reductions by 2030.
How does this integrate with existing power grids?
The 5 MW unit will be connected to the grid at Le Croisic, France, to monitor performance and grid integration.
Who built it
The project is heavily industry-led with a 31% industry ratio, including 4 companies and SMEs. With 13 partners across 6 countries (FR, DE, EL, NL, NO, SE), the group balances 6 research centers and 1 university with practical commercial entities, ensuring the 5 MW pilot is designed for actual market deployment rather than just academic study.
Contact VALOREM SAS in France for partnership opportunities regarding the pyramidal float design.
Talk to the team behind this work.
Contact us to find out how to integrate these LCOE targets into your energy portfolio.