Innovation Fund Backs 29 MW Tidal Power Expansion In Normandy With €51M

<!DOCTYPE html> <html> <head> <meta charset="utf-8"> <title>Innovation Fund Backs 29 MW Tidal Power Expansion In Normandy With €51M - World-Energy</title> <meta name="keywords" content="Tidal Power" /> <meta name="description" content="French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured &euro;51 million in Innovation Fund grants to advance two tidal energy projects in France&rsquo;s Raz Blanchard.The funding, awarded under the In" /> <meta http-equiv="X-Frame-Options" content="SAMEORIGIN"> <link rel="stylesheet" href="https://www.world-energy.org/statics/images/cpu/js/easytpl/libs/layui/css/layui.css"/> <link rel="stylesheet" href="https://www.world-energy.org/statics/images/cpu/js/layui/css/layui.css"> <link href="https://www.world-energy.org/statics/images/cpu/css/css.css?v=1732688709" rel="stylesheet" type="text/css" />   <script> var _hmt = _hmt || []; (function() { var hm = document.createElement("script"); hm.src = "https://hm.baidu.com/hm.js?37ab132780d9244fadd9d889777cf38f"; 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return false;"><img alt="Weibo" src="https://www.world-energy.org/statics/images/share_icon/weibo.png" /></a></li>   </ul> </div> </div> </div> <div class="m fl p20"> <div class="show-c"> <h1 class="title fz26 fwb black"> Innovation Fund Backs 29 MW Tidal Power Expansion In Normandy With €51M </h1> <div class="baseinfo"> <i class="iconfont icon-time"></i> <span>26 Oct 2024  by </span><span class="color-front">offshore energy</span>    <a href="javascript:;" class="dofav fr fav" title="Add to my favorites" data-id="45387"><i class="iconfont icon-likefill"></i></a> </div> <div class="content mt40"> <div style="text-align: center;"><img alt="" src="https://www.world-energy.org/uploadfile/2024/1026/20241026043723261.png" style="width: 745px; height: 442px;" /><br /> <br /> French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two tidal energy projects in France’s Raz Blanchard.</div> <p>The funding, awarded under the Innovation Fund’s 2023 call, emphasizes the role of European support in scaling ocean energy solutions, Ocean Energy Europe (OEE) noted.</p> <p>The two projects add 29 MW to Europe’s projected 179 MW of publicly supported ocean energy projects over the next five years, advancing both technology and energy security.</p> <p>HydroQuest, in collaboration with Qair, will develop the 17 MW FloWatt tidal farm, aiming for completion by 2026. According to OEE, this installation will bring six tidal turbines to the waters of Normandy, with the capacity to power 20,000 homes. The FloWatt project is further bolstered by financial support from the French government.</p> <p>Meanwhile, Normandie Hydroliennes will deploy four 3 MW turbines in its NH1 tidal farm. Scheduled for 2028, NH1 will deliver 33.9 GWh annually. Both projects aim to bring technological advancements in tidal power while strengthening Europe’s competitive edge in renewable energy.</p> <p>“These 2 awards are another proof that tidal has reached technological maturity and is on its way to commercialisation,” said Ocean Energy Europe CEO, Rémi Gruet.</p> <p>“These 2 farms will be the largest in the world by the time they hit the water. This is further evidence that the French Government demonstrated great foresight by supporting tidal energy – and that tidal can become the next French industrial success story.”</p> <p>HydroQuest unveiled plans to develop a 17.5 MW tidal energy farm at the Raz Blanchard site in May 2021, following the takeover of the concession for the site from its former operator EDF Renewables. In December 2023, ABL France completed a marine technical study for Normandie Hydroliennes and HydroQuest to support the safe development of tidal turbine pilot projects.</p> <p>In May, France’s HydroQuest secured support to expand its operations through the EU Blue Champions scheme established by the European Commission and the European Investment Bank (EIB).</p> </div> </div> </div> <div class="fl show-keywords_small"> <h2 class="t title-ff fwb fz18 black tr show-keywords-title p20 fl"> Keywords </h2> <div class="fr fz18 keywords"> <i class="iconfont icon-icon-down"></i> <a href="https://www.world-energy.org/search.html?keyword=tidal power">Tidal Power</a> </div> <div class="fr fz18 keywords"> <div class="fixedad ad mt10 mb30" style="width: 630px; padding: 0 0px; height: auto; overflow: hidden;" id="article_end"></div> </div> </div> </div> <div class="r fr"> <div class="fixedad ad mt10 mb30" style="width: 280px; padding: 0 20px; height: auto; overflow: hidden;" id="article_right_13"></div> <div class="sub-r-title fwb fz16 p20">Hot Ranking</div> <div class="top-views" style="height: auto; 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Innovation Fund Backs 29 MW Tidal Power Expansion In Normandy With €51M - World-Energy