Category: Wind Power

Greenvolt bags financing for 253.1 MW wind project in Romania

Greenvolt bags financing for 253.1 MW wind project in Romania

October 8, 2026 | , ,

Greenvolt Power has raised € 284 million in project financing for its 253.1 MW wind project in Gurbănești, located east of Bucharest, Romania. The project is currently under construction and is expected to begin commercial operations by the end of 2027. It will comprise 42 wind turbines, each with a capacity of 6.1 MW. The financing has been arranged through a syndicate of eight financial institutions: UniCredit S.p.A., Erste Group Bank AG, Banca Comercială Română S.A., Siemens Financial Services through Siemens Bank, Société Générale, BRD, ING Bank N.V., and Alpha Bank S.A.

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Cargill signs wind VPPA in US

Cargill signs wind VPPA in US

October 7, 2026 | , ,

Cargill is expanding its renewable electricity portfolio in the US through solar and wind projects in Oklahoma and South Dakota. It has signed a 12.6-year virtual power purchase agreement (VPPA) for 87 MW of wind power from the Sweetland wind project in South Dakota. The project is expected to generate about 392,000 MWh of renewable electricity annually and support a reduction of around 162,000 metric tonnes of carbon emissions each year from Cargill’s operations.

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Scatec and EDF begin construction of 900 MW wind project in Egypt

Scatec and EDF begin construction of 900 MW wind project in Egypt

October 6, 2026 | , ,

Scatec, in partnership with EDF Power Solutions, has commenced construction of the 900 MW Shadwan onshore wind project in Egypt. The project has a total capital expenditure of $716 million and is expected to generate around 4 TWh of electricity annually. Additionally, Scatec has signed a 3-year equity bridge loan agreement worth $150 million with The Arab Energy Fund, including $50 million for Shadwan and $100 million for the 1,950 MW solar and 3,935 MWh battery energy storage system Energy Valley project.

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Atmos Renewables reaches financial closure for 870 MW wind and BESS projects in Australia 

Atmos Renewables reaches financial closure for 870 MW wind and BESS projects in Australia 

October 1, 2026 | , , ,

Atmos Renewables, the Australian renewables business of Igneo Infrastructure Partners, has reached financial closure on two projects supported by the Australian Government’s Capacity Investment Scheme (CIS). The projects are the 400 MW/1,600 MWh Teebar battery energy storage system (BESS) project in Queensland and the 470 MW Parron Maam Marang wind farm in Western Australia.

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Foresight reaches financial close for Kondinin wind farm in Australia

Foresight reaches financial close for Kondinin wind farm in Australia

September 30, 2026 | , ,

Foresight has reached financial close for the 130 MW first stage of the Kondinin wind farm in Western Australia’s Wheatbelt, securing A$430 million in debt financing. The financing has been provided by Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Deutsche Bank, HSBC and Westpac. The financial close will allow construction of stage 1 to begin.

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ERG and Glencore sign 164 GWh wind PPA in Poland

ERG and Glencore sign 164 GWh wind PPA in Poland

September 25, 2026 | , ,

ERG has signed a five-year power purchase agreement (PPA) with Glencore Energy Europe B.V. for electricity generated from three wind farms in Poland. The agreement will commence on January 1, 2027 and will cover 164 GWh of renewable electricity annually. The agreement includes power from the Radziejów, Słupia and Szydłowo wind farms, accounting for approximately 70 per cent of their expected output.

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New York awards 1.7 GW clean energy projects 

New York awards 1.7 GW clean energy projects 

September 24, 2026 | , , , , ,

New York State Energy Research and Development Authority (NYSERDA) has awarded contracts to eight battery storage projects and 13 large-scale renewable energy projects. Together, these projects represent 1.7 GW of new capacity and over $3.7 billion in private investment. BESS projects will add 950 MW of capacity, with durations ranging from four to eight hours while the 13 renewable energy projects will add over 719 MW of capacity and comprise solar, onshore wind, and hydropower. The projects are expected to be operational by the end of 2030.

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ESR to acquire Aquila Clean Energy APAC 

ESR to acquire Aquila Clean Energy APAC 

September 24, 2026 | , , , , ,

ESR has signed an agreement to acquire 100 per cent of Aquila Clean Energy APAC from Aquila Group. Aquila Clean Energy APAC develops, owns and operates solar, battery storage and wind projects across Asia-Pacific. The platform has a 1.6 GW portfolio of operational, under-construction and advanced-development assets across Australia, New Zealand, South Korea, Japan and Taiwan.

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The Economics of Firm Solar and Wind: IRENA Insights

The Economics of Firm Solar and Wind: IRENA Insights

September 22, 2026 | , ,

Solar and wind have become the cheapest sources of new electricity generation worldwide. As renewable penetration rises, however, the central challenge of the energy transition is increasingly one of adequacy and flexibility – ensuring that clean electricity is available when and where it is needed. This webinar presented findings from IRENA’s report, 24/7 Renewables: The Economics of Firm Solar and Wind, which introduces the firm leveled cost of electricity (firm LCOE): a project-level benchmark that adds battery storage, generation overbuild and complementary renewables to the conventional LCOE.

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Germany awards 2.5 GW onshore wind projects 

Germany awards 2.5 GW onshore wind projects 

September 22, 2026 | , ,

Germany’s Federal Network Agency has announced the results of its August 2026 onshore wind auction. A total of 461 bids totalling 5,250 MW were submitted while the auction offered 2,520 MW, making the auction significantly oversubscribed. A total of 237 bids, totalling 2,523 MW were awarded, while 17 bids were excluded. Furthermore, the successful bids ranged from 4.49-4.98 cents per kWh, with the average weighted award price falling to 4.79 cents per kWh, down from the previous auction round, which had an average weighted award price of 5.06 cents per kWh.

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Actis launches Yeltica Energy in Mexico

Actis launches Yeltica Energy in Mexico

September 21, 2026 | , , , ,

Actis has launched Yeltica Energy, a greenfield renewable energy platform in Mexico. The platform targets more than 2 GW of solar, wind and battery energy storage system (BESS) capacity. The platform is anchored by three solar-plus-storage projects awarded under Mexico’s first Mixed Investment Tender by the Comisión Federal de Electricidad (CFE). These projects together comprise approximately 330 MWp of solar  photovoltaic and 255 MWh of BESS.

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RWE and Oracle sign 433 MW wind VPPA in Texas

RWE and Oracle sign 433 MW wind VPPA in Texas

September 18, 2026 | , ,

RWE has signed a virtual power purchase agreement (VPPA) with Oracle for 433 MW of electricity from its Panther Creek I, II and III wind farms in West Texas. The projects, located across Sterling, Howard and Glasscock counties, form part of Oracle’s broader portfolio of over 1.7 GW of power investments in Texas. Furthermore, Panther Creek I and II projects were repowered in 2019, while Panther Creek III wind farm was repowered in 2021.

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Central Queensland Power secures approval for 360 MW wind project 

Central Queensland Power secures approval for 360 MW wind project 

September 15, 2026 | , ,

Central Queensland Power (CQP) has received approval for the Moah Creek wind project from the Australian Government under the Environment Protection and Biodiversity Conservation (EPBC) Act 1999. The project, located about 30 km west of Rockhampton, will comprise up to 60 wind turbines with a capacity of 360 MW. The project will also provide more than $33 million in community benefits over its operating life.

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Skyborn reaches financial close on 976.5 MW Gennaker offshore wind farm 

Skyborn reaches financial close on 976.5 MW Gennaker offshore wind farm 

September 11, 2026 | , ,

Skyborn Renewables has achieved financial close for the Gennaker offshore wind farm located in Germany’s Baltic Sea. The project has an installed capacity of up to 976.5 MW. The project has secured a €2.1 billion non-recourse financing package from a consortium of 16 commercial lenders and the European Investment Bank, with the total investment exceeding €3 billion. The project is targeted for commercial operations by the end of 2028.

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Alcazar Energy achieves financial close for Štip wind farm in North Macedonia 

Alcazar Energy achieves financial close for Štip wind farm in North Macedonia 

September 10, 2026 | , ,

Alcazar Energy Partners (AEP) has achieved financial close for the 131.25 MW Štip wind farm in North Macedonia, securing approximately €115 million in senior debt financing from the European Bank for Reconstruction and Development, International Finance Corporation, and Erste Group Bank AG, as well as a separate local VAT facility by Sparkasse Bank AD Skopje.

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Invenergy and HASI close equity deal for 2.7 GW renewable portfolio in US

Invenergy and HASI close equity deal for 2.7 GW renewable portfolio in US

September 10, 2026 | , , , ,

Invenergy and HA Sustainable Infrastructure Capital, Inc. (HASI) have closed a strategic equity partnership to support a 2.7 GW renewable portfolio of solar, solar-plus-storage and wind projects across the US. The portfolio comprises 10 projects spread across seven states: Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York, and six major US power markets.

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SRE signs CPPA for 800 MW Taiwanese offshore wind project 

SRE signs CPPA for 800 MW Taiwanese offshore wind project 

September 9, 2026 | , ,

Synera Renewable Energy Group (SRE) has signed a corporate power purchase agreement (CPPA) for its Formosa 6 offshore wind project with Star Trade in Taiwan. The project was awarded 800 MW in Taiwan’s second auction round under the Phase 3 Zonal Development programme in 2024. This project marks SRE’s fourth offshore wind project in Taiwan. Furthermore, the project is expected to generate sufficient clean electricity to supply approximately 860,000 households annually.

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