Tag: wind

Egypt signs renewable energy agreements package  

Egypt has formalised a series of renewable agreements covering wind, solar, and battery energy storage system projects. These include plans to establish standalone battery energy storage systems with a total capacity of 5,620 MW. One of the agreements grants land usufruct rights for the 900 MW Shokeir wind project in Ras Shokeir. Furthermore, multiple other PPAs have been signed for several renewable projects across the country.

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Actis sells Peruvian power company Orygen  

Actis has completed the sale of Orygen, a power generation company in Peru, to Grupo Romero through an affiliate managed by InfraCorp, the group’s energy and infrastructure investment platform. Orygen is a power generation platform in Peru with an installed capacity of 2.3 GW. Its portfolio includes wind and solar assets accounting for 28 per cent of capacity, hydro representing 34 per cent, and thermal gas contributing 38 per cent. 

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CIP to acquire Ørsted’s European onshore renewable portfolio

Copenhagen Infrastructure Partners, through its fifth flagship fund Copenhagen Infrastructure V (CI V), has reached an agreement to acquire Ørsted’s European onshore renewable energy business. The transaction covers more than 800 MW of renewable capacity, consisting of 578 MW operational and 248 MW under construction project, along with a multi-GW development pipeline.

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Heelstone secures $200 million for renewables expansion in US

Heelstone Renewable Energy, a Qualitas Energy company, has closed a $200 million senior secured corporate credit facility in US. The facility is intended to support the company’s growing portfolio of utility-scale renewable projects, which includes more than 5 GW of solar, wind, and battery energy storage system assets. The financing was led by Deutsche Bank. PEI Global Partners acted as the exclusive financial advisor to Heelstone.

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Pattern Energy to acquire Cordelio Power

Pattern Energy Group has entered into a definitive agreement to acquire Cordelio Power, an independent power producer operating in Canada and US. Under the agreement, Pattern Energy will acquire an operating and under-construction renewable portfolio of 1,550 MW from Cordelio Power. This portfolio comprises 16 wind, solar, and energy storage projects located across Canada and the US. 

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Spain allocates €818 million funding to energy storage projects 

Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has approved funding for 126 large-scale energy storage projects. The allocation totals €818.3 million and is co-financed through the European Regional Development Fund (ERDF) for the 2021-2027 period. The selected projects are expected to add 2.2 GW of power capacity and 9.4 GWh of storage capacity across the country.

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Brookfield expands renewable energy portfolio in Southeast Asia

Brookfield Asset Management has made its initial renewable energy investments in the Philippines, Vietnam and Thailand, establishing a new regional decarbonisation platform. The firm has acquired Alba Renewables, a clean energy developer with a 1.8 GW pipeline of wind, solar and battery energy storage system (BESS) projects concentrated mainly in the Philippines and Thailand.

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Energy Transition Policy Framework in Brazil

Brazil’s primary energy objective is to ensure a sufficient energy supply to support its economic growth. Historically, the country has also been an energy importer, however. Therefore, to achieve the goal of supply security, the country has developed a series of public policies that focus on fostering competitive domestic solutions. These public policies have played a crucial role in diversifying energy sources, strengthening energy security and taking advantage of national resources. They have also resulted in a reliable, affordable and low-emissions energy mix for Brazilian society. 

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World Bank approves $78 million project to strengthen Mongolia’s transmission grid

The World Bank has approved financing for Mongolia’s Fourth Energy Sector project, which aims to enhance the reliability and capacity of the country’s central energy system transmission grid while advancing integration of renewable energy sources. The project is expected to add 590 MW of transmission capacity and facilitate the integration of approximately 150 MW of solar and wind power into the national grid.

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Electricity Generation Trends in China and India in 2025

China, India, the EU and the US accounted for 63% of global electricity demand and 64% of CO2 emissions in the first half of 2025. Development in these countries therefore has a major influence on the global power sector. In H1-2025, fossil fuel generation and related emissions fell in China and India – a reversal of trends seen in the first half of 2024, as clean sources in both countries grew faster than electricity demand.  Meanwhile, fossil generation and emissions rose in the US as clean generation did not keep pace with demand growth.

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Australia announces results of CIS Tender 4

Australia’s Minister for Climate Change and Energy has announced the results of Tender 4 under the Capacity Investment Scheme (CIS), which aims to support the national renewable energy target of 82 per cent. A total of 20 projects were selected with a cumulative capacity of 6.6 GW, exceeding the initial plan of 6 GW. Of these, 12 hybrid projects integrating wind or solar with battery storage contribute over 3,500 MW.

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Chint Solar and Voltis form JV to develop 5 GW renewable projects in UK

Chint Solar and Voltis have established a new joint venture (JV) named Voltison to jointly develop a renewable energy and storage portfolio of approximately 5 GW in the UK. The partnership will focus on developing more than 15 projects across the country, ranging from locally consented solar, battery energy storage system (BESS), and wind projects of up to 100 MW, to nationally significant infrastructure projects of more than 750 MWp.

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Xcel Energy announces portfolio of renewable energy projects in Texas and New Mexico

Xcel Energy has announced a portfolio of new power projects. The projects will help in meeting the increasing energy demands of the company’s Texas and New Mexico service area. The portfolio consists of extensions of 521 MW of existing generation along with the addition of 17 new power projects. By 2030, the new power projects will add 5,168 MW of nameplate capacity to the region’s generation fleet.

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Lithuania Energy Policy Review

Energy independence is central to Lithuania’s energy policy, and the country has taken important steps to reduce its dependency on energy imports, including ceasing all imports from Russia since March 2022. However, imported fossil fuels still account for over half of end-use energy consumption. To address the dependence on fossil fuels imports, Lithuania has set ambitious targets for renewable electricity expansion to enable electrification and reduce energy imports. The country is facing a rapid and significant transition of its energy system to enhance security and reduce GHG emissions.

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Outlook for Offshore Wind Deployment in Europe

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.

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Türkiye’s hybrid solar potential is more than 8 GW: EMBER

The limited capacity of Türkiye’s electricity grid is negatively affecting the growth of renewable energy capacity. Across both transmission and distribution levels, the available capacity for unlicensed plants in Türkiye is only 0.52 GW. This slows down the realisation of new solar investments in Türkiye, a country with high solar potential. The investment costs required for new grid infrastructure are among the main barriers to increasing capacity allocations. According to TEİAŞ’s 2024–2028 Strategic Plan, 74% of the total 362 billion TL budget planned for the five-year period will be allocated to the renewal and development of the electricity grid. According to the analysis conducted by TEİAŞ and published in its Strategic Plan to assess external factors that may affect its operations and strategic decisions, economic factors have been identified as the second most important element likely to impact the organisation in the future, after technological factors.

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Solar and Wind Power Assessment in Colombia: Report

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.

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US Energy Infrastructure Report Card 2025

U.S . energy infrastructure consists of facilities and related infrastructure needed to generate electricity from various sources (natural gas, petroleum, coal, solar, wind, nuclear, hydroelectricity), and transmission and distribution (T&D) networks needed to move this energy from its source to communities nationwide. To best serve the needs of the public, balanced investments in both generation and T&D systems are essential to ensure reliable performance. These investments, largely driven by user rates, can prevent disruptions to energy services that have become critical to the nation’s safety, health, and economic efficiency. Energy interruptions bear significant costs on U.S. industries and consumers, as even a brief power outage increases production costs and disrupts supply chains.

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PowerChina to develop wind and infrastructure projects in Vietnam

POWERCHINA has announced plans to develop wind farms and green infrastructure in Vietnam. The partnership reflects growing China–Vietnam cooperation. A key achievement is the full grid connection of the Huong Linh 4 Wind Power Plant, a 30 MW facility expected to generate 90,000 MWh annually, sufficient to power 48,000 households and reduce carbon emissions by 72,000 metric tonnes. 

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Energy Transition, a Balanced Look at Global Approaches: EDP Renewables’ Miguel Fonseca

The global energy transition is a multifaceted challenge, often muddled by competing narratives and oversimplified assumptions. Climate change demands action, and major economic blocs—US, China, and Europe—are responding with strategies shaped by their unique economic, geopolitical, and technological contexts. Too often, public discourse conflates these factors, obscuring the practical realities at play.

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