The European Investment Bank has extended a green loan of about €175 million to Iberdrola to support construction and operation of two new onshore wind farms in northern Portugal. The project covers a combined installed capacity of 274 MW and is designed to be integrated with Iberdrola’s existing Támega pumped storage hydropower complex. The financing is backed by a guarantee from Cesce.
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The Department for Energy Security and Net Zero has announced the outcome of Contracts for Difference (CfD) AR7, awarding 8.4 GW of offshore wind capacity. This capacity is expected to generate enough clean electricity to meet the needs of the equivalent of over 12 million homes. Moreover, the auction is expected to unlock nearly £22 billion in private investment
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Blue Elephant Energy has acquired an onshore wind energy portfolio with a total nominal capacity of 381 MW in Mecklenburg-Western Pomerania. The portfolio, purchased from WIND-projekt, includes 37 operational wind farms with a cumulative installed capacity of 260 MW. Additionally, it includes four under construction wind farms totalling 46 MW, and three more wind farms totalling 75 MW will be transferred at the start of construction.
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The Nordex Group has received wind turbine supply orders totaling 224.4 MW from UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) for wind projects located in Germany. The orders were placed under an existing framework agreement between Nordex Group and UKA and cover the supply of 33 N175/6.X wind turbines. The contracts also include a premium service arrangement for the maintenance of the turbines for a period of 20 years.
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Voltalia has commenced construction of the Artemisya hybrid energy cluster in Uzbekistan, covering battery storage and the first phase of wind capacity. The initial phase includes a 100 MW/200 MWh battery energy storage system project and a 100 MW wind project. The entire Artemisya cluster is planned to comprise 126 MW of solar capacity, 300 MW of wind capacity, and 100 MW/200 MWh of battery storage.
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Synera Renewable Energy Group (SRE) has reported that the entire 495 MW capacity of its Formosa 4 offshore wind project has been fully contracted through corporate power purchase agreements (CPPAs). The project reached full subscription following an initial CPPA signed with Taiwan Smart Electricity & Energy in December 2025, along with two additional CPPAs concluded subsequently in the same month.
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The Madawaska wind project has received government authorisation, enabling the continuation of final permitting and approval processes. The project is being developed through an equal partnership between EDF solutions électriques, the Alliance de l’énergie de l’Est L.P., and Société de gestion éolienne de la Madawaska Inc. The project will comprise 45 wind turbines with a combined installed capacity of 274 MW.
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Vestas has secured a 390 MW offshore wind turbine supply order for the Shinan-Ui offshore wind project located in Jeollanam Province, South Korea. The project is being developed by a consortium comprising Hanwha Ocean, SK Eternix, Korea Midland Power Co. Ltd., Future Energy Fund, and Hyundai Engineering & Construction. The order covers the delivery of 26 offshore wind turbines, each with a rated capacity of 15.0 MW.
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The European Bank for Reconstruction and Development (EBRD) has provided financing of about $200 million to Enerjisa Enerji Üretim A.Ş. to support the addition of 250 MW of new wind projects in Muğla, Türkiye. The 250 MW wind projects form a part of the broader 1,000 MW wind project portfolio being implemented by Enerjisa Enerji Üretim across the country. The projects are expected to produce around 630 GWh of electricity annually.
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ENGIE has achieved full commercial operations at the Serra do Assuruá wind complex in Gentio do Ouro, Bahia, in northeastern Brazil. The project has an installed capacity of 846 MW, consisting of 188 wind turbines spread across 24 wind farms and is supported by 28 km of transmission lines that connect the facility to Brazil’s main electricity grid. The project supplies renewable electricity to the free energy market.
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RWE has entered into an agreement with PGE for the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea. The project has a planned installed capacity of 350 MW and is located around 50 km off the coast, north of Ustka. The transaction is expected to reach financial close in the first quarter of 2026. As part of the arrangement, RWE has completed the transfer of the documentation for the neighbouring offshore wind site.
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OX2 has commenced construction of three onshore wind projects in Finland following a final investment decision, covering a cumulative capacity of 277 MW. The Kannisto wind farm is located in Central Ostrobothnia, and the Korkeamaa wind farm and Salo-Ylikoski wind farm are located in Southern Ostrobothnia. Collectively, the three wind farms are expected to generate approximately 860 GWh of electricity annually.
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As per the National Institute of Wind Energy estimates, India has immense wind energy potential – about 695.5 GW at 120 metres above the ground level. As of October 31, 2025, India’s installed wind power capacity stands at 53.59 GW. The wind sector is entering a phase of meaningful but measured progress. Momentum is building through hybrids, RTC demand and a strong manufacturing base, yet execution bottlenecks, slow contracting and offshore uncertainties must be resolved for the country to stay on course toward its ambitious 2030 wind capacity target.
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Equinor has commenced commercial operations at its first hybrid project in Brazil, combining 140 MW of solar capacity with 223 MW of wind capacity at the Serra da Babilônia site in Bahia. The solar plant has been developed alongside the existing wind project, Serra da Babilônia Wind, operated by its subsidiary, Rio Energy. The solar plant is expected to produce 236 GWh of renewable energy annually.
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LS Power has completed the acquisition of bp’s onshore wind operations in US, that is bp Wind Energy North America Inc., adding around 1,300 MW of operating wind capacity across 10 projects to its portfolio. The transaction has met all the required regulatory and closing conditions. Greenberg Traurig, LLP acted as the legal advisor, while Barclays and Santander served as financial advisors to LS Power for the acquisition.
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EDF power solutions Canada and Énergie Renouvelable Granit Inc have announced thatthe Haute-Chaudière wind project in Quebec, Canada has secured non-recourse construction and term financing. The 124 MW project received the funding from a group of lenders that includes National Bank of Canada, Canadian Imperial Bank of Commerce, Desjardins Group, KfW IPEX-Bank, and Sumitomo Mitsui Trust Bank.
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Italy’s energy management agency has released the results for wind and solar projects under the FER-X Transitory decree. A total of around 940 MW has been allocated to 29 wind projects, with a weighted average award price of €72.851 per MWh. Additionally, approximately 7,700 MW has been awarded to 474 solar projects, with a weighted average award price of €6.825 per MWh.
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The Ministry of Energy of Azerbaijan and Clean Energy Capital LLC, a subsidiary of Azerbaijan Green Energy Company LLC, have entered into an implementation agreement for an offshore wind project. The agreement covers the evaluation, planning, and execution of an offshore wind project in the Caspian Sea. The initial phase of the project will have a capacity of 200 MW, with the total planned capacity of the project being 600 MW.
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OX2 has acquired three onshore wind projects in Romania from Future Power. These three projects, with a cumulative capacity of 235 MW, are located in Vaslui and Vrancea counties. All are expected to be commissioned between 2028 and 2030, subject to the permitting progress. With this acquisition, OX2’s portfolio in the country now exceeds 1.1 GW, covering nine onshore wind projects.
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A joint venture (JV) between ESB and Ørsted has received provisional approval from the Department of Climate, Energy and the Environment of the Government of Ireland to develop the Tonn Nua offshore wind site. The location was designated under the South Coast Maritime Area plan. The approval allows the development of a 900 MW fixed-bottom offshore wind project.
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