Today’s renewable energy news includes announcements from Vestas, TotalEnergies, Aream, among others.
Vestas Acquires 272MW St Patricks Plains Wind Farm in Tasmania to Advance Renewable Energy Growth
Vestas Development Australia has acquired the 272MW St Patricks Plains wind farm from Ark Energy Corporation, strengthening its renewable energy development portfolio in Tasmania. The project, located in Tasmania’s Central Highlands, represents a significant onshore wind investment and supports Australia’s transition towards cleaner electricity generation. With 272MW of planned capacity, St Patricks Plains is expected to contribute substantial renewable power to the grid while supporting regional economic opportunities and energy security. The acquisition highlights Vestas’ growing focus on developing large-scale wind projects alongside its global turbine manufacturing activities. By taking ownership of the Tasmanian project, Vestas aims to progress its development and unlock high-quality wind resources, reinforcing Tasmania’s position as an important renewable energy hub within Australia’s expanding clean energy market.
TotalEnergies Sells 170 MW European Solar Portfolio to Focus on Utility-Scale Renewable Power
TotalEnergies has sold its entire 170-MW distributed solar portfolio across 7 European countries, shifting its renewable energy strategy towards large utility-scale solar and wind projects. The assets, mainly rooftop PV installations of less than 3 MW, are located in France, Belgium, the Netherlands, Spain, Portugal, the UK and Luxembourg, and were acquired by Amarenco and AMPYR Distributed Energy. Under its 2026-2030 strategy, TotalEnergies targets USD 7.5 billion (EUR 6.55 billion) in Capex and Opex savings. Over the past 12 months, the company installed 8 GW of gross renewable capacity, reaching 35 GW by the end of March. TotalEnergies aims to maintain this annual pace through 2030, exceeding 75 GW of capacity and achieving 100 TWh of net electricity production.
Aream Sells 26.3-MWp Spanish Solar Portfolio to Merus Capital
Aream Group SE has completed the sale of 2 fully operational solar photovoltaic plants in Badajoz, Spain, to a fund managed by Merus Capital. Located in the Extremadura region, the assets have a combined installed capacity of approximately 26.3 MWp and have operated since 2010 and 2011, respectively. The plants benefit from Spain’s 30-year regulated remuneration framework under RD 413/2014, offering long-term revenue visibility based on a standard rate of return. With an estimated remaining regulatory life of around 15 to 16 years, the portfolio provides stable and predictable cash flows. PwC acted as M&A adviser, while Jones Day served as legal adviser. Financial details of the transaction were not disclosed.
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