Today’s renewable energy news includes announcements on RES, Suzlon, CIP, among others.
RES Secures 130-MW Wind Farm Asset Management Contract in Mexico
RES has secured its first asset management contract in Mexico, taking responsibility for the 130-MW La Bufa Wind Project located in Zacatecas. The wind farm comprises 65 Gamesa G114-2.0 MW turbines and supplies renewable electricity to Volkswagen’s manufacturing facilities in Mexico under a long-term power purchase agreement. Under the agreement, RES will provide comprehensive financial and technical asset management services, including performance monitoring, reporting, operational optimization, and lifecycle management. The contract highlights the growing importance of advanced asset management in maximizing renewable energy output, reliability, and long-term asset value. The project supports Mexico’s clean energy transition by delivering reliable wind-generated electricity to industrial customers while helping reduce carbon emissions. For Volkswagen, the wind farm enhances access to sustainable power and supports corporate decarbonization goals. For RES, the contract strengthens its presence in Latin America and expands its global renewable energy services portfolio.
Suzlon Wins Repeat EPC Order from Tata Power, Partnership Crosses 1 GW
Suzlon Energy has secured its fourth Engineering, Procurement and Construction (EPC) order from Tata Power Renewable Energy Ltd (TPREL), reinforcing one of India’s strongest renewable energy partnerships. The latest 400-MW wind energy project takes the cumulative capacity awarded by Tata Power to Suzlon beyond 1 GW, spanning projects across Karnataka, Maharashtra, Tamil Nadu, and Andhra Pradesh. The project highlights the growing adoption of advanced Made-in-India wind energy technology to support India’s clean energy ambitions. Suzlon will provide end-to-end EPC services, including turbine supply, installation, commissioning, and long-term operations support.
CIP Secures €510 Million Financing for Romania’s 392-MW Pestera II Wind Farm
Copenhagen Infrastructure Partners (CIP) has reached financial close for the 392-MW Pestera II onshore wind project in Constanța County, Romania, marking one of the largest renewable energy financings in Central and Eastern Europe. The project secured approximately €510 million in project financing from a consortium of seven local and international banks, highlighting strong investor confidence in Romania’s renewable energy market. A key milestone for the project is its 15-year Contract for Difference (CfD) covering 245 MW of capacity, providing long-term revenue stability and enhancing project bankability. The wind farm will feature 56 Nordex N163-6.X turbines rated at 7 MW each, utilizing advanced wind technology to maximize energy production and operational efficiency. Expected to enter commercial operation in 2028, Pestera II will strengthen Romania’s energy security, increase renewable electricity generation, and support the country’s decarbonization goals.
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