Energy Asset Transfer

Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
SPIE Wind Connect will carry out subsea connections for phase II of the TPC project, a major development in Taiwan’s offshore wind sector with a projected annual capacity of 1,000 GWh.

Envision Energy enters Turkish market with 232 MW wind project

Envision Energy launches its first project in Turkey in partnership with Yildizlar Group, adding 232 MW to the national wind capacity in Karaman province.
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ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.
Energiekontor has closed financing for two wind projects in Verden, with a combined 94 MW, with construction starting this year and commissioning scheduled for 2027.

Seoul excludes foreign turbines in 689 MW offshore wind auction

South Korea has rejected all projects using foreign turbines in its 2025 offshore wind auction, marking a strategic shift in favour of local industry and energy security.
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The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
With an AUD$3 billion investment, ACEN launches one of Tasmania’s largest private projects, aiming for commissioning in 2030 and annual supply for 500,000 households.

In France, four citizen-funded wind turbines inject 12.9 MW into the Breton grid

In France, a 12.9 MW wind farm financed by local actors has been commissioned in Martigné-Ferchaud, showcasing an unprecedented model of shared governance between citizens, local authorities and public investment companies.
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The governors of five states urged the Trump administration to maintain permits for threatened offshore wind projects, citing massive investments and jobs at stake in a nascent industry.
Green Wind Renewables is developing a 450 MW wind farm in the Wheatbelt region of Australia, with up to 75 turbines and an estimated annual output of 1.5 TWh.

RWE activates 83 megawatts of wind and solar capacity in France

German group RWE has commissioned five new power plants in France, adding 83 MW to its portfolio, following repeated successes in tenders organised by the Energy Regulatory Commission.
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The 600 MW onshore wind farm in Laos achieves commercial operation four months early, injecting power into Vietnam via a 500 kV interconnection and consolidating an international financing package of $950mn.
Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.

Dongfang Electric installs 26 MW offshore wind turbine, a world record

Chinese manufacturer Dongfang Electric has installed a 26 MW offshore wind turbine in Shandong province, setting a double world record for power and rotor diameter.
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Facing unforeseen cost increases and a tightening regulatory environment, Mitsubishi Corporation is pulling out of three offshore wind projects, casting doubt on Japan's renewable energy ambitions.
With 323 millions USD in cash, Polenergia strengthens its investments in offshore wind, solar and storage, targeting more than 2.3 GW of new energy capacity in Poland.

Valorem inaugurates 313 MW wind farm in Finland with 1 TWh annual output

French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
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The Revolution Wind project, already 80% complete, has been halted by the U.S. administration over national security concerns, creating major uncertainty in the sector.
Quebec funds a mobile training unit to address the shortage of wind turbine maintenance technicians, estimated at 400 positions by 2029.
Washington removes regulatory requirement mandating biennial publication of five-year schedule for offshore renewable energy auctions, offering increased flexibility to Interior Secretary.
Europe aims for 84 GW of offshore wind by 2030 versus 36.6 GW currently. Port and naval investments require an additional 6.4 billion euros.

ERG commissions a 47 MW wind farm in Northern Ireland

ERG launches a new 47.3 MW wind farm in Corlacky, featuring eleven turbines, bringing its installed capacity in the United Kingdom to 340 MW and confirming its investment strategy.
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A2A and ERG have concluded a fifteen-year power purchase agreement for 2.7 terawatt-hours, consolidating wind energy supply and price stability for Italian businesses and households.
CPS Energy launches a tender to acquire up to 400 megawatts of wind energy, marking its most significant sector solicitation in over a decade and aiming to strengthen its energy portfolio.

JERA and bp complete global offshore wind joint venture with 13GW portfolio

JERA and bp have created JERA Nex bp, a 50:50 joint venture focused on developing, owning and operating a global offshore wind portfolio of 13GW, strengthening their position across European and Asian markets.
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ERG S.p.A. reports consolidated EBITDA of €274 mn in the first half of 2025, impacted by unfavourable wind conditions, but sees quarterly results improve thanks to the commissioning of new wind and storage assets.
The first of three floating wind turbines from the Éoliennes flottantes du golfe du Lion project has been installed offshore, marking a major milestone for the industrial sector off the coast of Leucate and Barcarès.

US wind energy sector faces political and tariff headwinds in 2025

The US wind market recorded 91% growth in the first quarter of 2025, but new regulatory restrictions and the planned end of tax credits threaten the sector’s future.
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The Trump administration cancels federal offshore wind zones, threatening 77,000 jobs and $12bn in annual investments in a sector currently employing 120,000 people.
The renewable division of Energias de Portugal (EDP) reported a sharp decline in first-half net profit due to a marked reduction in gains from asset sales, while electricity production and revenue increased.

The US wind market accelerates in Q1 despite falling turbine orders

The US wind sector saw marked progress in the first quarter, but regulatory uncertainty slowed turbine orders, creating medium-term challenges for the industry.
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VALEMO, the French energy maintenance company, will lead the remote supervision of the Yeu-Noirmoutier offshore wind farm, bringing its expertise to the ongoing management of marine electricity production infrastructure and equipment.
Opdenergy acquires thirteen new wind farms in Spain for a total capacity of 440 MW, strengthening its international presence and portfolio through a major asset transfer operation in the sector.

Sonnenberg V: major partnership for a 235 MW wind project in Saxony-Anhalt

The Sonnenberg V project marks a new milestone with the signing of a cooperation agreement between ENERTRAG and EBERT for the renewal and expansion of a 235 MW wind farm in Saxony-Anhalt. —
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OX2 acquires a 34-turbine wind project in the Dalarna region, representing 14% of the county’s electricity consumption, marking a step forward in its commercial collaborations with Eolus and Dala Vind.
Nordex Group records a significant jump in profitability and order intake, reaching EUR 2.3 bn in the second quarter of 2025, confirming its financial trajectory with a positive free cash flow.

ENERCON receives €3.7 mn public support to accelerate wind turbine production in Aurich

German manufacturer ENERCON is investing up to €30 mn in expanding its Aurich site, with public financial backing to boost the ramp-up of its new turbines designed for the onshore wind market.
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The Neart na Gaoithe offshore wind farm, with a capacity of 450 megawatts, comes online off the coast of Scotland, mobilising GBP200 mn ($259 mn) in public and private investment for the region.
The British government is increasing by 11% the guaranteed price for offshore wind electricity to support projects facing inflation and supply chain constraints.