Today’s renewable energy news includes announcements from Iberdrola–Norges, Zelestra, Dajin, and others.
Iberdrola–Norges JV Reaches 1.5 GW of Installed Renewable Capacity
The Iberdrola–Norges joint venture has reached 1.5 GW of installed renewable energy capacity, marking a major milestone in its growth across global clean power markets. The achievement reflects sustained investment in large-scale renewable projects, primarily across wind and solar assets, supporting long-term energy transition goals. The expanding portfolio highlights innovation in project development and asset optimization, delivering reliable, low-carbon electricity to customers while enhancing grid resilience. Reaching 1.5 GW strengthens the JV’s market position and provides customer benefits such as stable power supply, reduced emissions, and competitive energy costs. The milestone underscores strong demand for bankable renewable infrastructure and demonstrates how strategic partnerships can accelerate deployment of sustainable energy solutions worldwide.
Zelestra Secures PPA for 50-MW Gem City Solar PV Project
Zelestra has signed a power purchase agreement (PPA) for its 50-MW Gem City solar PV project, advancing investment in utility-scale renewable energy and strengthening long-term revenue visibility. The agreement enables delivery of clean, cost-competitive solar electricity to support customer sustainability and decarbonization goals. The PPA reflects growing demand for corporate and utility renewable procurement and highlights innovation in structuring bankable solar contracts. Customers benefit from price stability, reduced carbon footprint, and reliable energy supply, while the project contributes additional capacity to the local grid. The deal supports Zelestra’s growth strategy in large-scale solar development and reinforces the role of PPAs in accelerating the energy transition and expansion of clean power infrastructure.
Dajin Signs Agreement for Monopile Factory in Spain
Dajin Heavy Industry has signed an agreement to develop a monopile manufacturing facility in Spain, strengthening Europe’s offshore wind supply chain and localizing production of critical foundations. The investment supports growing demand for large-scale offshore wind projects across European waters. The planned factory will deploy advanced manufacturing technology to produce monopiles efficiently, reducing logistics costs and improving delivery timelines. Customers and developers are expected to benefit from enhanced supply security, shorter lead times, and competitive pricing. The project reflects continued industrial investment and innovation in offshore wind infrastructure, while creating skilled jobs and supporting regional economic growth. The move aligns with Europe’s energy transition goals and Dajin’s strategy to expand its global offshore wind manufacturing footprint.
FAHEEMA P
