The latest renewable energy news includes announcements on Vena Group, SSE, Siemens Energy, ACWA Power, and others.
Indonesia Investment Authority Invests in Vena Group’s 2.8 GW Renewable Portfolio
Indonesia Investment Authority (INA) has invested in Vena Group’s 2.8 GW solar and wind portfolio across Indonesia and the Philippines. Announced November 11, the transaction includes operational assets, projects under construction, contracted developments and projects in earlier development stages. The portfolio includes the operational 72 MW Tolo wind project in South Sulawesi, Indonesia. Vena Group is backed by Global Infrastructure Partners, which is part of BlackRock. The partnership extends Vena’s Green Fund Partnership investment model, first established in Japan in 2019. The companies have not disclosed the investment amount, equity stake or portfolio valuation. The 2.8 GW represents the combined project portfolio, not exclusively operating capacity.
SSE’s 1.4 GW Berwick Bank B Project to Support More Than 3,000 UK Jobs
SSE has selected Siemens Energy as preferred supplier for wind turbines and offshore substations at the 1.4 GW Berwick Bank B offshore wind project, approximately 38 kilometres off Scotland’s coast. The proposed agreement supports 2,677 jobs, including 2,222 in northern England and 455 in Scotland. Of the Scottish roles, 130 are newly created, including 80 in Glasgow and 50 at Montrose Port. Combined with earlier supplier commitments, Berwick Bank B is expected to support more than 3,000 UK jobs, including nearly 1,000 in Scotland. SSE expects a final investment decision in late 2027, preparatory construction in 2028 and turbine installation during 2030–2032. The wider 4.3 GW Berwick Bank development could generate electricity equivalent to more than 6 percent of current UK demand.
Saudi Arabia and Turkey Expand Renewable Energy Agreement to 5 GW
Saudi Arabia and Turkey signed a memorandum of understanding on November 10 covering 3,000 MW of planned wind power capacity in Turkey. The agreement expands their renewable energy cooperation to 5,000 MW, including 2,000 MW of solar projects previously agreed for the first phase. ACWA Power is the Saudi-designated investor for the programme. The first-phase solar developments are planned in Sivas and the Taşeli region of Karaman. The second phase includes wind farms supported by high-voltage direct-current transmission infrastructure and battery energy storage systems. The original cooperation agreement was signed on February 3, 2026, and entered into force on October 21. Project-level investment costs and commissioning schedules for the wind phase have not been disclosed.
