Saipem, AGNES, QINT’X Ink MoU to Co-Develop 450 MW Offshore Wind Farm in Italy

Italy’s Saipem has signed a Memorandum of Understanding (MoU) with AGNES and QINT’X to co-develop nearly 450 MW offshore wind farm project in the Adriatic Sea off the coast of Ravenna. The project will be one of the first wind farms in the Adriatic Sea.

August 26, 2020. By Manu Tayal

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Italy’s Saipem has signed a Memorandum of Understanding (MoU) with AGNES and QINT’X  to co-develop nearly 450 MW offshore wind farm project in the Adriatic Sea off the coast of Ravenna. The project will be one of the first wind farms in the Adriatic Sea.

AGNES develop renewable energy projects in the Adriatic Sea, in particular offshore and nearshore wind farms, floating solar panels at sea, energy storage systems and hydrogen production from renewable sources. On the other hand, QINT’X is specialist in renewable energy, specifically solar, wind and hydroelectric energy and e-mobility (electric vehicles).

Under this project approx 56 turbines will be installed on fixed foundations on the seabed at two different sites: one located more than 8 nautical miles from the shore, and the other more than 12 miles from the shore.

Commenting on the development, Mauro Piasere, Chief Operating Officer of XSIGHT Division, said “through the XSIGHT division, Saipem’s new role as developer of offshore wind farms is being defined and the Memorandum of Understanding signed with AGNES and QINT’X constitutes a new important opportunity in this direction. This agreement is consistent with the new business model adopted by the company, which is increasingly becoming a leader in the field of energy transition, and introduced in 2019 as part of the agreement with Plambeck to develop wind farms with floating foundations in the Red Sea off the coast of Saudi Arabia.”

Besides, innovative technologies will also be used in this project such as floating solar technology based on the proprietary technology of Moss Maritime.

This project will be implemented in a highly industrialised area and the local industry will be involved in supporting it, the company said in a statement.

Piasere further said “through the XSIGHT division, Saipem is planning to launch similar projects in Sicily and Sardinia as well, using floating foundations for wind turbines, thus supporting the Italian shipbuilding industry.”

“This agreement marks another important step towards the realization of an ambitious project. Our vision is to create a new green energy hub in the Adriatic Sea, integrating multiple technologies to generate clean energy from the wind, sun and hydrogen,” said Alberto Bernabini, Chief Executive Officer of QINT’X.

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