Wind

Renewables are set to account for 73.3% of Australia’s power generation by 2035, forecasts GlobalData.

GlobalData has forecast that UK renewable power capacity will reach 172.7 GW by 2035.

ScottishPower Renewables and Peel Ports Group are set to invest £10 million in the Port of East Anglia in Great Yarmouth to support wind farm construction.

Ørsted has entered into an agreement with Apollo-managed funds for a 50% equity ownership share in Ørsted’s 2.9 GW Hornsea 3 offshore wind farm in the UK.

BW Ideol has announced that its fabrication line for concrete floating foundations in Fos-sur-Mer has been selected for funding by the European Commission under the EU Innovation Fund.

Kinewell’s KLOC software has been selected by Evolv Energies to optimise cable layouts for a major European offshore wind project.

With the gain of Brazilian contracts, Voltalia has surpassed 8 GW of capacity under management for third parties.

Tokyo Gas has reached an agreement to invest in a wind power generation company in Vietnam and will participate in a nearshore onshore wind power generation project.

ACWA Power has signed a series of landmark agreements encompassing financial partnerships, renewable energy, and storage projects.

EIB and Iberdrola have signed a €500 million green loan for the Windanker offshore wind farm in the German Baltic Sea.

Energiequelle has commenced construction of a wind farm in the municipality of Werther, Germany.

Qair has acquired full ownership of the Ayre offshore wind farm.

EIB to lend SEK 1.1 billion to forest-industry group, Holmen, to expand its renewable energy generation.

NeXtWind has closed an internationally syndicated debt financing of €1.8 billion, representing a milestone for Germany’s onshore wind sector.

White & Case has advised BGK on a PLN 3.5 billion offshore wind financing for ORLEN.