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Shell, Chinese partner to drop offshore wind farm project in France

Thursday, November 17 2022

General – France

Oil major Shell and state-owned Chinese energy company CGN on Tuesday said that they would drop their plan for a floating wind power project on France’s Brittany coast, citing inflation and supply chain problems among other reasons.

“The project faced several technical, commercial and financial challenges, all in a context of constantly increasing costs and very strong constraints in terms of inflation and supply chain,” the companies said in a joint statement.

The wind farm would have been located off the coast of Belle-Ile, an island popular with tourists and co-financed by a regional public investment bank.

Related posts:

  1. Big-scale floating wind is kicking off in France
  2. French Government shortlists floating tender candidates
  3. Shell and ScottishPower win bids to develop 5 GW of floating wind power
  4. EolMed partnership makes FID for 30MW French floating wind farm

Filed Under: CGN, Floating wind, France, International News, Shell Tagged With: CGN, floating wind, France, Shell


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