Finance
Saipem signs deal with Divento for STAR 1 use in floating offshore wind facilities
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
Saipem partners with Divento to use STAR 1 technology in Italy's offshore wind projects, enhancing renewable energy output in Sicily and Sardinia.
(Reuters) - Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen Infrastructure Partners, for floating offshore wind projects in Italy, the companies said on Wednesday.
The aim of the deal is to apply Saipem's STAR 1 technology to the 7 Seas Med project in Sicily, with an anticipated annual output of around 800 GWh, and the Ichnusa Wind Power project planned for Sardinia, expected to produce approximately 1.6 TWh per year.
Both of those projects are still in the development phase.
The deployment of the STAR 1 technology, designed to make semi-submersible floating wind foundations, is aimed at supporting their participation in the first auctions for Italian innovative renewables technologies.
(Reporting by Michela Stasio; Editing by Keith Weir)
The collaboration aims to apply Saipem's STAR 1 technology to floating offshore wind projects, specifically the 7 Seas Med project in Sicily and the Ichnusa Wind Power project in Sardinia.
The 7 Seas Med project is anticipated to have an annual output of around 800 GWh.
STAR 1 technology is designed to create semi-submersible floating wind foundations, which will support participation in Italian renewable energy auctions.
Both the 7 Seas Med project and the Ichnusa Wind Power project are still in the development phase.
The Divento consortium is led by Plenitude, CDP, and Copenhagen Infrastructure Partners.
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