Category: Wind Power

ACWA Power, Badeel and SAPCO to develop 15 GW of clean energy projects in Saudi Arabia

ACWA Power, Badeel and SAPCO to develop 15 GW of clean energy projects in Saudi Arabia

July 15, 2025 | , , ,

ACWA Power, in partnership with Badeel and SAPCO, has entered into PPAs with the Saudi Power Procurement Company (SPPC) for the development of seven utility-scale renewable energy projects. These include five solar photovoltaic (PV) plants and two wind power projects, with a cumulative generation capacity of 15 GW. The projects, with an estimated investment of $8.3 billion, are planned to add 12 GW of solar PV and 3 GW of wind energy.

Read More
Ørsted secures financing for Greater Changhua 2 project in Taiwan

Ørsted secures financing for Greater Changhua 2 project in Taiwan

July 14, 2025 | , ,

Ørsted has reached financial close on a project finance package to raise around TWD 90 billion for the Greater Changhua 2 project. It is a 632 MW offshore wind farm and is located about 50 to 60 km off the coast of Changhua. The project consists of Greater Changhua 2a and Greater Changhua 2b. Greater Changhua 2a is operational, whereas Greater Changhua 2b is under construction and is expected to be commissioned towards the end of 2025.

Read More
Market trends and outlook for the Indian wind power sector

Market trends and outlook for the Indian wind power sector

July 14, 2025 | , ,

India’s wind energy sector is gaining momentum, underpinned by strong policy backing, a rising demand for clean energy and an ambition to meet global climate commitments. In 2024-25, the country added 4.1 GW of new wind capacity. As of May 2025, the cumulative installed wind power capacity has reached nearly 50 GW, as per the Ministry of New and Renewable Energy (MNRE). Much of this recent capacity addition has been concentrated in the leading wind-rich states such as Gujarat, Karnataka and Tamil Nadu.

Read More
Trump to eliminate wind and solar subsidies

Trump to eliminate wind and solar subsidies

July 9, 2025 | , , ,

US President Donald Trump has signed an executive order for the elimination of subsidies for unreliable green energy sources like wind and solar. The move is in furtherance of the One Big Beautiful Bill Act. It directs the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities. It also instructs for the implementation of the enhanced Foreign Entity of Concern restrictions.

Read More
Ecopetrol completes acquisition of Wind Autogeneración SAS

Ecopetrol completes acquisition of Wind Autogeneración SAS

July 9, 2025 | , ,

Ecopetrol SA (Ecopetrol) has fully acquired the shares of Compañía Wind Autogeneración SAS, which is the owner of the Windpeshi wind project. The project is situated in La Guajira between the municipalities of Uribia and Maicao. It has a capacity of 205 MW for wind energy production. Furthermore, the Windpeshi project will be integrated into the self-consumption portfolio of Ecopetrol Group.

Read More
Deep Wind Offshore secures license for offshore wind project in South Korea

Deep Wind Offshore secures license for offshore wind project in South Korea

July 7, 2025 | , ,

Deep Wind Offshore’s Admiral Lee offshore wind project has secured its first electricity business license with an installed capacity of 345 MW. The license has been received from Korea’s Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE). The offshore wind project is being developed based on a partnership between Deep Wind Offshore and Korea Hydro & Nuclear Power.

Read More
Gamuda inks agreement to co-develop renewable energy projects in Australia

Gamuda inks agreement to co-develop renewable energy projects in Australia

July 4, 2025 | , , , ,

Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.

Read More
CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

July 1, 2025 | , , ,

CleanMax and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership to jointly cater to the clean energy needs of Japanese corporations operating in India. The collaboration aims to accelerate the adoption of renewable energy by leveraging CleanMax’s execution experience and TTIPL’s network across industrial corridors. The newly formed entity will develop and operate 300 MW of renewable energy projects by March 2028.

Read More
Outlook for Offshore Wind Deployment in Europe

Outlook for Offshore Wind Deployment in Europe

June 30, 2025 | , ,

Offshore wind’s journey began with Denmark’s first offshore wind turbines installed in 1991 off the island of Lolland. Since then it has evolved into a story of remarkable growth. In Europe alone, offshore wind contributes approximately USD 3.2 billion GW installation in gross value added (GVA). A total of 56.3 GW of offshore wind capacity was awarded worldwide last year and Europe led the way, with 23.2 GW awarded in Europe.

Read More
Invenergy and Meta expand partnership with new renewable energy agreements 

Invenergy and Meta expand partnership with new renewable energy agreements 

June 27, 2025 | , , ,

Invenergy and Meta have inked four agreements to supply an additional 791 MW of procured solar and wind energy. The agreements will deliver near-term energy to support Meta’s operations, data center growth, and clean energy goals. The agreements are contracted through four Invenergy developed facilities, which are the 300 MW Yellow Wood Solar Energy Center, 140 MW Pleasant Prairie Solar Energy Center, and 155 MW Decoy Solar Energy Center.

Read More
Solar and Wind Power Assessment in Colombia: Report

Solar and Wind Power Assessment in Colombia: Report

June 20, 2025 | , , , ,

The analysis reveals that Colombia has strong potential for solar PV (1 604.9 GW) and onshore wind (31.5 GW), with priority zones identified in the northern and southwestern regions. The findings provide insights on maximum development potential to inform national infrastructure planning and contribute to high-level policy frameworks aimed at achieving universal electricity access and mitigating the impact of climate change.

Read More
Crown Estate to invest €400 million in UK’s offshore wind supply chain 

Crown Estate to invest €400 million in UK’s offshore wind supply chain 

June 19, 2025 | , ,

The Crown Estate has outlined a proposal to invest up to €400 million of capital in the supply chain to boost the UK’s offshore wind sector. The investment will support the construction of new infrastructure, including ports, supply chain manufacturing, research and testing facilities, to enable the deployment of offshore wind across UK. The capital will be made available through two targeted programmes, which are now live.

Read More
Scatec ASA inks PPA for 900 MW onshore wind project in Egypt

Scatec ASA inks PPA for 900 MW onshore wind project in Egypt

June 17, 2025 | , ,

Scatec ASA, through its dedicated project company, Shadwan Wind Power SAE, has inked a USD-denominated 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC). The agreement is for a 900 MW onshore wind project in Ras Shukeir, Egypt. Furthermore, the signing of the PPA will be followed by wind measurements on the site. The measurements are to be finalised in the first half of 2026.

Read More
Taxation of Renewable Energy 2025: Report

Taxation of Renewable Energy 2025: Report

June 13, 2025 | , , ,

This report by KPMG now provides an overview of taxation across the renewable energy sector, which has prompted the change in its title. In many countries, renewable energy production is subject to standard corporate income tax (CIT) rates, which range from 12.5% in Ireland to as high as 35% in Argentina and India. Generally, most countries impose CIT on renewable energy production within the 20% to 30% range. It’s important to note that applicable tax rates vary due to local regulations, so please refer to the relevant country sections for specific details. 

Read More
Energy Investment Trends in US and LAC

Energy Investment Trends in US and LAC

June 9, 2025 | , , ,

The United States has made substantial energy investment over the past decade as part of a broader effort to establish itself in new value chains and supply international markets. It became a net energy exporter in 2019, a remarkable turnaround from its high previous reliance on imports. Clean energy investment in Latin America has grown by nearly 25% in the past decade, highlighting regional progress despite diverse country contexts and transition pathways. Brazil played a significant role in building momentum behind clean energy investment thanks to the country’s enabling environment for investment in solar PV, wind and bioenergy

Read More
Innergex and MMBC reach financial close for 102 MW wind project in Canada

Innergex and MMBC reach financial close for 102 MW wind project in Canada

June 3, 2025 | , ,

Innergex Renewable Energy (Innergex) and Mi’gmawei Mawiomi Business Corporation (MMBC) have reached financial close for the construction and operation of the Mesgi’g Ugju’s’n 2 wind project in Quebec. The wind project has a capacity of 102 MW. The wind project is located in MRC d’Avignon and is an extension of the existing 150 MW Mesgi’g Ugju’s’n wind facility, which was commissioned in 2016. The project is expected to be commissioned in 2026.

Read More
CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

May 30, 2025 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has inked an agreement with ACEN to sell a 25 per cent stake in the San Miguel Bay offshore wind project. The project has a potential installed capacity of up to 1 GW and is situated in Camarines Sur, Philippines. The project is currently in its pre-development stage in anticipation of the Department of Energy’s 5th round of the Green Energy Auction (GEA-5).

Read More
Clean Energy for ASEAN’s Digital Growth: Report

Clean Energy for ASEAN’s Digital Growth: Report

May 30, 2025 | , , , ,

This report by EMBER concludes that ASEAN’s data centre industry is expanding rapidly, driven by global digitalisation trends like cloud computing and generative AI. This growth, while critical for the region’s digital economy, is fuelling a sharp rise in electricity demand and greenhouse gas emissions due to heavy reliance on fossil fuel-based grids. This poses a significant threat to ASEAN’s energy transition agenda, risking setbacks of power sector decarbonisation. Governments should place the issue of sustainability, especially the energy transition, at the forefront of efforts to achieve a digital leap and transform national economies.

Read More
State of US Clean Energy Manufacturing: Report

State of US Clean Energy Manufacturing: Report

May 30, 2025 | , , , , ,

The report “The State Of Clean Energy Manufacturing” by American Clean Power summarises that American clean power is leading a manufacturing renaissance across the country. Solar cells and modules made in Ohio, manufactured steel in New Mexico, advanced batteries in West Virginia, offshore service vessels built in Louisiana, and wind turbine blades in Iowa are just a few examples of the output from the 200 manufacturing facilities actively building primary clean power components to supply booming U.S. demand for new energy.

Read More
ACCIONA Energía begins commercial operation of 280 MW wind project in Canada

ACCIONA Energía begins commercial operation of 280 MW wind project in Canada

May 29, 2025 | , ,

ACCIONA Energía has started commercial operations at the Forty Mile wind farm. The project has a capacity of 280 MW and is situated in Alberta, Canada. The wind farm features 49 Nordex turbines, each with a capacity of 5.7 MW and a tower height of 108 meters. The project is expected to contribute over €85 million in property tax revenues over its lifetime. Furthermore, the project will reduce carbon emissions by 6,00,000 metric tonnes per year.

Read More