News

The Ministry of Energy has proposed three areas in Romania’s Black Sea sector for potential concessions to develop offshore wind farms, with a combined planned capacity of 3.1 GW, according to Mediafax.

Envision Energy has opened a national distribution centre in the Philippines to support its wind projects and service activities in the country. The approximately 1,500 m² facility will serve as a logistics hub for major wind turbine components and spare parts.

Denmark’s Vestas Wind Systems A/S (CPH:VWS) said it has surpassed 15 GW in installations of its EnVentus onshore wind turbines worldwide, with the machines spinning across 26 countries.

New Zealand utility Mercury NZ Ltd (NZE:MCY) said on Tuesday it has taken a final investment decision on a NZD-506-million (USD 297.3m/EUR 256.3m) project to expand its Mahinerangi wind farm and create the country’s largest wind complex.

Ørsted is developing a new offshore wind project with a potential capacity of up to 2 GW in Taiwan, with the development now entering the environmental assessment process.

Thailand’s ERC has licensed 449 renewable power projects totalling 1,607.58 MW, led by solar, waste-to-energy and biomass investment.

Germany awarded 2.135 GW of utility-scale solar capacity across 261 bids at an average €0.0479/kWh, with Bavaria receiving the largest share.

Copenhagen Infrastructure Partners has closed its CIP Growth Markets Fund II (GMF II) at approximately $3 billion in commitments, hitting exactly the target the fund was launched with in December 2023 and raising nearly three times the capital secured by its predecessor vehicle.

Turkey is set to launch its first offshore wind tender in the first quarter of 2027, marking a starting point to install 5GW of offshore capacity by 2035 and diversify the country’s renewable energy mix.

Modelling finds AI-driven productivity gains in coal, oil and gas enable more emissions than applications in renewables avoid