Published September 15, 2025
Norway is moving forward with its first commercial floating offshore wind tender at the Utsira Nord site, located off the country’s southwest coast. Two consortia have submitted proposals:
- Equinor & Eni’s Vaargronn consortium
- Deep Wind Offshore Norway AS & EDF Renouvelables International
The projects aim to deliver up to 500 MW of clean energy, with floating turbines ideal for deeper waters where seabed foundations aren’t practical. The government will announce the tender winner in the first half of 2026, and subsidies for the successful bidder are capped at 35 billion NOK (~$3.37B).
Norway’s move highlights the country’s growing commitment to renewable energy, as industries decarbonize and electricity demand rises. Following this floating wind initiative, Norway plans to focus future tenders solely on floating offshore wind, aiming to allocate areas for a total of 30 GW of offshore wind development by 2040.
🔗 Read the full article: Reuters