Falck Renewables and BlueFloat Energy are looking to develop a 975MW offshore wind farm off the northeastern coast of Sardinia.
The Tibula Energia project will consist of 62 floating wind turbines, located at a distance from the coast between 25 and 40 kilometres.
It is expected to generate 3.4 TWh per year.
The two companies have applied for maritime concession on May 6.
They are also planning to hold meetings with local communities in the coming weeks to discuss the project, before they start the authorization process with the ministry of the ecological transition.
Exploratory research into local sea and wind conditions, environmental impacts and industrial infrastructures has been underway over the past 12 months.
In addition to the production of green energy, the project aims to support the sustainable growth of local communities through initiatives which will benefit the area, such as plant co-ownership schemes or support for community-led projects, they said.
“Through dialogue and engaging with local people, we aim to create a development model focused on collaboration with local communities to support their goals,” said Tibula Energia’s technical director, Ksenia Balanda.