Estonian energy producer Sunly and French renewable pioneer VALOREM Group enters Deep Wind Offshore’s offshore wind project Tuul Energy for joint development in Estonia. Following the agreement, VALOREM Group and Sunly will enter Deep Wind Offshores project, which includes an area of 250 km2 off Saaremaa Island under exclusive development. This collaboration on the Tuul Energy project combines international offshore and wind power expertise with local competence and experience to execute an ambitious project in a promising market.

“This partnership marks a significant milestone for VALOREM Group in its international development. Together with Deep Wind Offshore and Sunly, we believe that the energy transition is built on cooperation and innovation. Thanks to the enlarged value proposition developed by VALOREM Group for offshore projects, we will combine our expertise for this promising Estonian project.“ -Olivier ANGOULEVANT Director Offshore at VALOREM Group

“We welcome Estonia’s shift towards a Clean Industry-focused approach, which accelerates renewable energy production and strengthens the industrial base. 

Sunly’s main expertise is in community relations. We are committed to helping communities understand how locally built renewable energy can benefit their businesses, lower electricity prices, and drive regional development.” –  Klaus PILAR Sunly’s Country Manager in Estonia

“Securing exclusivity for a major offshore wind area in Estonia was a big win for Deep Wind Offshore. Bringing along VALOREM Group and Sunly proves the willingness to commit to strong projects. In addition, the collaboration shows the increased interest for offshore wind in the region and that Estonia has created an attractive market. Now, we look forward to merging our efforts.”  Knut VASSBOTN CEO of Deep Wind Offshore.

Estonia has set it sights on 100% renewable energy by 2030 and to reach carbon neutrality by 2030. With ambitious targets for renewable energy, Estonia is positioning as the emerging leader for the offshore wind sector in the Baltic region.

Together, Deep Wind Offshore, VALOREM Group, and Sunly will develop the bottom-fixed offshore wind project with a potential of more than 1 GW. The partnership will contribute to meeting Estonia’s renewable energy goals – supporting the country’s energy security, development of value chains, and value creation – founded on a shared commitment to responsible project execution and engagement with local stakeholders.

Source: VALOREM