Today’s renewable energy news includes announcements on Masdar, Iberdrola, Orsted, Vifor wind farm, among others.
Masdar and Iberdrola Finalize Investment Deal for 1.4 GW East Anglia 3 Offshore Wind Project
Masdar and Iberdrola have finalized a strategic deal for the 1.4 GW East Anglia 3 offshore wind project in the UK, with Masdar acquiring a 49 percent stake. The project, part of Iberdrola’s 3.3 GW East Anglia Hub, is currently under construction and scheduled for completion in 2026. East Anglia 3 will generate enough clean electricity to power over 1.3 million UK homes and offset 2.2 million tonnes of CO₂ annually. The wind farm features advanced offshore wind turbine technology and grid integration systems to enhance performance and reliability. The partnership reflects a long-term investment strategy focused on energy transition, technological innovation, and cross-border collaboration. It supports UK net-zero targets, diversified energy supply, promotes green job creation, and strengthens Masdar’s position in global renewable infrastructure. The deal also enhances customer access to large-scale, stable clean energy resources.
Orsted Secures Financing for 920 MW Changhua 2b and 4 Offshore Wind Projects in Taiwan
Orsted has secured financial close for its 920 MW Changhua 2b and 4 offshore wind projects in Taiwan, with funding from a consortium of 30 international and local banks. Located off the coast of Changhua County, the projects are part of Taiwan’s efforts to install 15 GW of offshore wind by 2035. Scheduled for commissioning between 2025 and 2026, the wind farms will supply clean electricity to around 1 million households annually and avoid over 1.7 million tonnes of CO₂ emissions. The projects will deploy next-generation turbines and advanced grid integration systems to ensure high efficiency and stability. Orsted’s investment strategy emphasizes regional partnerships, local supply chain development, and long-term energy security. The financing reflects strong market confidence and highlights the role of innovation, infrastructure, and collaboration in accelerating Taiwan’s transition to a resilient, low-carbon energy future.
Romania Approves 461 MW Expansion of Vifor Wind Farm by Rezolv and Low Carbon
Romania’s National Energy Regulatory Authority (ANRE) has approved a 461 MW expansion of the Vifor wind farm, developed by Rezolv Energy and Low Carbon, in Buzău County. This large-scale project will feature next-generation wind turbine technology and is expected to generate clean electricity for over 270,000 households annually, avoiding around 220,000 tonnes of CO₂ emissions. The expansion is part of Rezolv’s strategy to build a multi-gigawatt clean energy portfolio in Central and Southeastern Europe, aligning with EU Green Deal objectives and Romania’s energy diversification goals. Designed with future grid flexibility and storage integration in mind, the project enhances long-term supply security. It also supports corporate demand for sustainable energy and reflects growing investor confidence in Romania’s improving regulatory, permitting, and grid infrastructure, contributing to regional decarbonization and economic development.
Shakti Pumps Raises Funds for 2.2 GW Solar Module and Cell Factory in India
Shakti Pumps has raised funding to establish a 2.2 GW integrated solar module and cell manufacturing facility in Madhya Pradesh under its subsidiary, Shakti Green Industries. The project supports India’s goal of building domestic clean energy manufacturing capacity and aligns with the Production-Linked Incentive (PLI) scheme. The facility will produce high-efficiency monocrystalline PERC solar cells and modules, reducing reliance on imports and enhancing vertical integration for Shakti’s core solar pump business. Strategically focused on serving India’s agricultural and rural energy markets, the plant will improve affordability and accessibility of clean power. It also reflects innovation in localized, sustainable energy solutions. The project is expected to create significant employment, contribute to India’s 500 GW non-fossil fuel target by 2030, and strengthen the national renewable energy supply chain and energy security.
Elements Green to Back 13 GW Solar-Plus-Storage Pipeline with CIP Funding
Elements Green has partnered with Copenhagen Infrastructure Partners (CIP) to accelerate a 13 GW pipeline of large-scale solar and battery energy storage projects across the UK, Spain, and Italy. The collaboration focuses on deploying advanced solar PV and co-located storage technologies to deliver reliable, clean power to industrial consumers and national grids. The strategy emphasizes unsubsidized, merchant and corporate PPA-based models, supporting market-driven decarbonization. The projects are designed to enhance grid flexibility, reduce emissions, and improve energy security, particularly as Europe targets climate neutrality by 2050. CIP’s financial backing ensures long-term development stability, while Elements Green contributes deep regional expertise. The partnership will also support local job creation, foster innovation in hybrid energy systems, and expand firm renewable capacity in high-demand European markets.
GreentechLead.com News Desk