Currently, monopiles are the industry's first choice to support offshore wind turbines (OWTs) due to the complexities associated with fabrication, transportation and installation of various foundation solutions. These are, however, considered suitable for water depths up to ∼30–35 m, beyond which they become massive and complex to handle. Increasing the application range of monopiles without making them too large by adopting some suitable means may significantly impact the rapid growth of OWTs at intermediate water depths (∼50 m), where existing solutions such as jackets or concrete gravity foundations involve large capital expenditure. In this work, a novel approach of utilising pre-tensioned tethers along with a 6.0 m wide monopile was explored for 50 m water depth. Under an extreme load case, the stress ratio was found to be reduced from 1.17 to 0.44 when pre-tensioned tethers are used. Similarly, it was found that by adjusting parameters associated with the proposed concept, fatigue damage can be brought down from a very high value to 0.63 or less. The results thus show that the proposed approach can open new avenues to bring competitiveness to the cost of offshore wind energy at intermediate water depths.