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 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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Germany’s Federal Network Agency has released the results of the onshore wind and innovation auction. The onshore wind auction awarded approximately 2.5 GW across 270 winning bids from 628 submissions totaling roughly 6.4 GW, significantly oversubscribing the 2.5 GW tender. Successful bid prices ranged from 4.44 ct/kWh to 5.19 ct/kWh, with a volume-weighted average of 5.06 ct/kWh, down from 5.54 ct/kWh in the previous round.
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Masdar has agreed to acquire a 49.99 percent stake in Repsol’s 705 MW renewable energy portfolio in Spain in a deal valuing the assets at €849 million. The portfolio comprises 13 wind farms with a combined capacity of 402 MW and 6 solar parks totaling 303 MW, all of which became operational in 2025 and the first quarter of 2026. It also includes a pipeline of more than 565 MW of potential hybrid projects involving wind, solar and battery storage.
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Foxconn and Brookfield have partnered to develop renewable energy projects in Vietnam to support Foxconn’s operations and supply chain partners. The collaboration aims to develop up to 1 GW of utility-scale wind, solar, and battery storage capacity across the country. The projects will be backed by long-term power purchase agreements and jointly managed by both companies.
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The European Bank for Reconstruction and Development (EBRD) is providing a €175 million loan to Public Power Corporation (PPC) to support renewable energy development across Bulgaria, Greece, and Romania. The financing will help develop approximately 400 MW of new wind and solar capacity across the three countries. The financing is backed by the EU-supported InvestEU.
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DEME, through its joint venture Japan Offshore Marine (JOM), has secured a contract for the Oga-Katagami-Akita Offshore Wind project in Japan. The scope includes engineering services and vessel charter for the offshore installation of 21 wind turbines under a contract with Oga Katagami Akita Offshore Green Energy LLC and Penta-Ocean Construction.
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EDF Power Solutions North America, Red Rock Indian Band, and Fort William First Nation have signed a power purchase agreement (PPA) with Ontario’s Independent Electricity System Operator (IESO) for the 200 MW Northern Breeze Energy wind project, located near Thunder Bay. The project is owned 50 per cent by EDF Power Solutions, 25 per cent each by Red Rock Indian Brand and Fort William First Nation.
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The Nordex Group has commenced production at its new blade manufacturing facility in Turkey. The facility is expected to produce up to 1,200 rotor blades annually at full capacity. The facility will manufacture rotor blades for the advanced N163 and N175 turbine models designed for medium to strong wind conditions. The facility will initially supply blades for projects awarded under Turkey’s YEKA-4 and YEKA-5 renewable energy programmes, with plans to export blades to support European wind energy projects.
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Australia’s Assistant Minister for Climate Change and Energy has announced the results of Tender 7 under the Capacity Investment Scheme (CIS). A total of 19 renewable energy projects were selected, delivering 7.8 GW, exceeding the original 5 GW target of capacity. Of which 8 projects are hybrid systems combining wind or solar generation with battery storage.
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Trafigura has signed a 10-year hybrid power purchase agreement (PPA) withNadara for 434 MW of renewable energy capacity in Spain. The agreement covers power generation from five solar PV farms and six wind farms. The PPA includes output from Nadara’s hybrid sites at Esquileo, Dehesilla I & II, San Lorenzo C & D, along with the operational La Dehesica wind farm.
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Avangrid has signed a long-term power purchase agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I wind project located in Klickitat County, Washington. The project will have a nameplate capacity of 199.5 MW, enough to supply electricity to around 70,000 homes annually. The project, developed by Avangrid in 2006, is expected to commence commercial operations in 2028 following its redevelopment.
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OnPath Energy has planned to invest around £1 billion for onshore wind project developments in partnership with Wilson Forest Products over the next five years. This includes the development of the Bankend Rig II, Bankend Rig III, and Hawkwood Wind Farm projects in Southern Scotland. The projects will include a total of 18 turbines with a combined generation capacity of 121 MW and will generate enough electricity to supply around 150,000 homes annually.
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Iberdrola has commissioned the 195 MW Tâmega Norte wind farm in Portugal. Located between Braga and Vila Real, in the municipalities of Cabeceiras de Basto and Montalegre, theTâmega Norte wind farm is an onshore wind project consisting of 27 Vestas wind turbines, each with a capacity of 7.2 MW and a rotor height of 172 metres. Furthermore, the project is the first of two wind farms that form part of the grid-connected wind-hydro hybrid project, Tâmega Complex.
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Mainstream Renewable Power has announced that it has received commercial operations date (COD) certification for the Ckhúri Wind Farm from the National Electricity Coordinator. The project is located in Calama in the Antofagasta Region, Chile. The project has an installed capacity of 109.2 MW and comprises 26 Vestas turbines. Furthermore, the project is expected to supply clean energy sufficient to power approximately 166,000 Chilean homes.
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Envision Energy has partnered with Menderes Tekstil for the Beğendik wind power project. The project, located in Edirne Province, Turkey, has an installed capacity of 120 MW. The project will deploy 15 units of Envision’s EN-182/8.0 MW wind turbines. The project is also expected to generate around 360 million kWh of clean electricity annually. Additionally, the project is expected to offset carbon emissions by approximately 225,000 tonnes on an annual basis.
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Asian Development Bank (ADB) has signed a $116 million financing package with ACWA Power to support the development, construction, operation, and transfer of a 300 MW wind power project in the Bukhara region, Uzbekistan. The financing includes a $50 million loan from ADB’s ordinary capital resources, $41 million from commercial lenders, and $25 million from the ADB’s Leading Asia’s Private Infrastructure Fund 2 (LEAP 2).
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The New York State Energy Research and Development Authority (NYSERDA) has launched the 10th annual Renewable Energy Standard solicitation, RESRFP26-1, to accelerate clean energy deployment across New York. The solicitation, issued on April 24, 2026, seeks Tier 1-eligible renewable energy certificates (RECs) from projects with a near-term path to commercial operation. The procurement process will follow a two-step structure comprising a step one eligibility application and a step two competitive bid proposal process.
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Northland Power has signed a 30-year corporate power purchase agreement (CPPA) with Taiwan Semiconductor Manufacturing Company (TSMC) for additional power from the Hai Long offshore wind project in Taiwan. The 1,022 MW project is being developed by Northland (30.6 per cent), Mitsui & Co. (40 per cent), and Gentari International Renewables Pte. Ltd (29.4 per cent).
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RWE has signed a 15-year power purchase agreement (PPA) with Breedon Group in Great Britain. Under the agreement, RWE will provide around 70 GWh of renewable power annually to Breedon’s operations. The power will initially be supplied from the Gwynt y Môr Offshore Wind Farm located in the Irish Sea. From 2033 onwards, the power will be supplied from the Brechfa Forest West Wind Farm located in Wales.
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