Project for a pilot production line for innovative rotor sails in the Nantes-Saint-Nazaire basin

As part of the Fair Value Transition Fund, Farwind Energy is aiming to develop a new activity in the Cordemais area – the manufacture of rotor sails to decarbonise maritime transport, in direct line with the European Union’s energy and climate objectives. For every €2.5m invested in a sail installed on a ship, CO2 emissions of the order of 1,000 tonnes/year can be avoided.

The long-term establishment of this new business in the Cordemais Pact area is justified by the depth of the market for sail propulsion. The global market represents more than 30,000 existing vessels to be equipped and 1,000 additional vessels built each year.

Amount of the operation: € 2,405,951.81