News

Oxan Energy qualified to participate in an offshore wind auction in Estonia

December 5, 2024

Oxan Energy is happy to announce to be qualified to participate in a floating offshore wind project in Estonia, thanks to its partner Snow BV.

The project, called Saare 1 (“islands” in Estonian):
– has a potential capacity of around 900 MW
– has a water depth up to 85 meters
– is located 60 km off the coast of the largest Estonian island, Saaremaa
– has a surface area of 88 km2

The auction will take place in January. The awarded bidder will conduct an environmental impact assessment.