Category: Wind Power

Brookfield launches $600 million renewables platform in India

Brookfield launches $600 million renewables platform in India

July 30, 2026 | , , , ,

Brookfield has launched Lumara, a new renewable energy platform focused on accelerating the development and construction of renewable energy projects. The platform aims to address key market bottlenecks, including delays in power purchase agreement contracting, slow grid connection queues, and prolonged land acquisition timelines. Lumara will deploy approximately $600 million, anchored by an initial portfolio of more than 6 GW across solar, wind, and battery energy storage system projects.

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Rosatom commissions 300 MW wind farm in Russia 

Rosatom commissions 300 MW wind farm in Russia 

July 30, 2026 | , ,

Rosatom’s Novolakskaya Wind Farm situated in the Republic of Dagestan, Russia has started supplying electricity to the unified power grid following the commissioning of its second phase. The Novolakskaya wind farm is Rosatom’s tenth operational wind farm. The new phase comprises 59 wind turbines with a total installed capacity of 147.5 MW. With the completion of the second stage, the wind farm’s total installed capacity has reached 300 MW. 

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ACCIONA Energía divests 361 MW wind assets in Spain 

ACCIONA Energía divests 361 MW wind assets in Spain 

July 27, 2026 | , ,

ACCIONA Energía has completed the sale of its operational wind asset portfolio in Spain to Galp New Energies. The portfolio has a total installed capacity of 361 MW. The transaction covers 15 wind farms situated across the Spanish provinces of Navarra, Zaragoza, Ciudad Real, Palencia, Guadalajara and Seville.  The assets were sold for an equity value of €432 million, excluding financial debt.

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Ark Energy reaches FID for Richmond Valley hybrid project in Australia

Ark Energy reaches FID for Richmond Valley hybrid project in Australia

July 24, 2026 | , , ,

Ark Energy has reached a final investment decision (FID) for the $1.3 billion Richmond Valley solar farm & battery energy storage system (BESS) in New South Wales, Australia. The project will be supported by a financing package comprising $586 million in equity and $716 million in debt. The priority stage includes development of a 200 MWac solar farm and a 275 MW/2,200 MWh lithium-iron-phosphate BESS. 

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Ocean Winds secures consent for 2 GW Scottish offshore wind project 

Ocean Winds secures consent for 2 GW Scottish offshore wind project 

July 23, 2026 | , ,

Ocean Winds has secured offshore consent from the Scottish Government for its 2 GW Caledonia Offshore Wind Farm. The project forms a part of the Crown Estate Scotland’s ScotWind leasing round. The project comprises the 1 GW Caledonia North and 1 GW Caledonia South wind farms, with up to 140 turbines across a 429 sq km site. Caledonia North will use fixed-bottom foundations, while Caledonia South will combine fixed-bottom and floating foundation technology. 

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Yanara secures €150 million to develop 2 GW renewables in Australia

Yanara secures €150 million to develop 2 GW renewables in Australia

July 21, 2026 | , , , ,

Yanara has secured a €150 million investment from Mirova to accelerate the development of its utility-scale renewable energy portfolio in Australia. The funding will support more than 2 GW of solar, wind and battery energy storage system (BESS) projects across Victoria, New South Wales and Western Australia. A significant share of this investment will be directed to the Yanara’s Mortlake Energy hub in Victoria. 

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Eurowind Energy Romania commences construction of 138 MW wind projects 

Eurowind Energy Romania commences construction of 138 MW wind projects 

July 20, 2026 | , ,

Eurowind Energy Romania has commenced construction of three wind power projects, following the receipt of setting-up authorisations from the National Energy Regulatory Authority (ANRE). Together, the projects will add 138 MW of renewable energy capacity to the grid. The projects will use 23 Vestas V162-6.2 MW turbines. The projects will also benefit from a 20-year long-term service and maintenance agreement with Vestas.

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AfDB finances 300 MW wind project in Ethiopia

AfDB finances 300 MW wind project in Ethiopia

July 20, 2026 | , ,

The African Development Bank (AfDB) Group has approved a financing package of up to $110 million for the Aysha wind project in Ethiopia. The financing comprises $80 million from the ADB window, $20 million from the Clean Technology Fund, and $10 million from the Sustainable Energy Fund for Africa. An additional $381.1 million in debt will be provided from other development finance institutions for the project.

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RWE secures approval for 1.1 GW Australian wind farm

RWE secures approval for 1.1 GW Australian wind farm

July 15, 2026 | , ,

RWE has received federal environmental approval for its 1.1 GW Theodore wind farm. The project is located in Central Queensland, Australia. The project secured State Development Approval in June 2025 and was awarded the Capacity Investment Scheme contract under Tender 7 in May 2026. The project, valued at A$3 billion, will comprise up to 170 wind turbines and a battery energy storage system (BESS).

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Pattern Energy and SRP sign 600 MW PPA for SunZia wind project 

Pattern Energy and SRP sign 600 MW PPA for SunZia wind project 

July 9, 2026 | , ,

Pattern Energy and Salt River Project (SRP) have signed a power purchase agreement (PPA) for up to 600 MW of electricity from the SunZia wind project in the US Southwest. The SunZia wind project has an installed capacity of 3,650 MW. The project is supported by a 550-mile high-voltage direct current (HVDC) transmission line and represents an $11 billion clean energy investment. 

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Opdenergy secures $227 million for Chile renewables portfolio

Opdenergy secures $227 million for Chile renewables portfolio

July 8, 2026 | , , ,

Opdenergy has secured $227 million in financing for its operational renewable energy portfolio in Chile. The financing was provided by SMBC, BNP Paribas and ICO and is backed by long-term DISCO and private power purchase agreements with investment-grade off-takers, comprising the 104 MWp Sol de Los Andes solar plant and 90 MW/513 MWh Sol de Los Andes BESS, both in the Atacame region.

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South Korea awards 1.7 GW offshore wind projects 

South Korea awards 1.7 GW offshore wind projects 

July 1, 2026 | , ,

South Korea has awarded five offshore wind projects totaling 1.78 GW in its first-half 2026 offshore wind auction. The auction attracted bids for 3.65 GW across nine projects, and achieved a competition ratio exceeding 2:1. The selected portfolio includes more than 1.2 GW of fixed-bottom capacity, 532 MW of floating offshore wind, and a 160 MW public-led project. 

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REPowering for Tripling: Advancing Wind Energy

REPowering for Tripling: Advancing Wind Energy

June 30, 2026 | ,

The IRENA Coalition for Action hosted a preliminary findings event for its forthcoming report REPowering for Tripling: Advancing Wind Energy, produced through a dedicated Task Force bringing together leading wind energy organisations including Acciona, Global Wind Energy Council (GWEC), World Wind Energy Association (WWEA), WindEurope, SSE Renewables, Siemens Gamesa, Canadian Renewable Energy Association, and the Centre for Science and Environment (CSE, India).

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CIP reaches financial close for 392 MW wind project in Romania

CIP reaches financial close for 392 MW wind project in Romania

June 25, 2026 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), has reached financial close for the 392 MW Pestera II onshore wind project located in Constanța County, Romania. The project secured a 15-year contract for difference (CfD) for 245 MW of capacity in December 2024. The project is expected to commence commercial operations in 2028.

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Skyborn and Amazon sign 600 MW offshore wind PPA in Germany 

Skyborn and Amazon sign 600 MW offshore wind PPA in Germany 

June 22, 2026 | , ,

Amazon and Skyborn Renewables have signed a 600 MW power purchase agreement (PPA) for electricity from the Gennaker offshore wind farm. The project is located in the German Baltic Sea and will add up to 976.5 MW of offshore wind capacity to Germany’s power system. The project will feature 63 offshore wind turbines rated at 15 MW each. Project construction is expected to commence following financial close in summer 2026, with commercial operations targeted for late 2028.

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Pattern Energy commissions 3.65 GW SunZia wind project in US 

Pattern Energy commissions 3.65 GW SunZia wind project in US 

June 19, 2026 | , ,

Pattern Energy Group has commenced operations at SunZia renewable energy project in US. The project comprises a 3.65 GW wind generation facility and a 550-mile high-voltage direct current transmission line, delivering renewable power from New Mexico to Arizona and across the western US grid. At full capacity, the project can generate enough electricity to power approximately one million homes annually. 

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A.P. Moller to acquire Mainstream Renewable Power South Africa 

A.P. Moller to acquire Mainstream Renewable Power South Africa 

June 18, 2026 | , , , ,

A.P. Moller Capital, through its Emerging Markets Infrastructure Fund II (EMIF II), has signed an agreement to acquire Mainstream Renewable Power South Africa. Mainstream Renewable Power was established in 2009. It has a portfolio comprising 148 MW of operating and under-construction assets, 351 MW of construction-ready projects, and an approximately 11.6 GW pipeline of solar, wind, and battery storage projects. 

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Ignitis secures financing for 313 MW wind farm in Lithuania

Ignitis secures financing for 313 MW wind farm in Lithuania

June 16, 2026 | , ,

Ignitis group has secured a €150 million loan from the European Investment Bank (EIB) to support the financing of the Kelmė Wind Farm. The wind farm has a combined installed capacity of 313.7 MW and is located in Lithuania. The project reached commercial operations in June 2025. With this, the total investment in the Kelmė Wind Farm, including acquisition and construction costs, is expected to reach up to €550 million.  

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Pacifico Energy signs MoU for 3.2 GW South Korean offshore wind cluster 

Pacifico Energy signs MoU for 3.2 GW South Korean offshore wind cluster 

June 15, 2026 | , ,

Pacifico Energy Korea has signed a memorandum of understanding (MoU) with Hana Bank and Hana Securities to explore financing solutions for the 3.2 GW Jindo Offshore Wind Project Cluster in South Korea. The MoU will involve the three parties collaborating on funding strategies covering the development, construction and operation phases of the offshore wind portfolio, while also developing a financing model for Korea’s offshore wind industry.

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