WindNewsToday

Ørsted Greater Changhua 2 Offshore Wind Farm: Why Cathay Life Partnership Strengthens Taiwan Projects

Ørsted Greater Changhua 2 Offshore Wind Farm located off the coast of Changhua County, Taiwan

The Ørsted Greater Changhua 2 Offshore Wind Farm has secured a 55% ownership stake investment from Cathay Life Insurance, Taiwan’s largest insurer, highlighting the country’s expanding offshore wind sector. Located approximately 50–60 km off the coast of Changhua County, the project includes the operational Greater Changhua 2a and the under-construction Greater Changhua 2b, with full commercial operation expected in 2026. This partnership represents a significant step in Taiwan’s clean energy transition and the growing role of institutional investors in offshore wind development.

Overview of the Ørsted Greater Changhua 2 Offshore Wind Farm

The Greater Changhua 2 Offshore Wind Farm has a combined capacity of 632 MW, making it one of Taiwan’s key offshore wind projects. Ørsted will continue to provide long-term operations and maintenance (O&M) from its hub at the Port of Taichung, ensuring project reliability.

The project consists of:

  • Greater Changhua 2a – 295 MW, already operational
  • Greater Changhua 2b – 337 MW, under construction, commissioning expected in Q3 2026. According to Ørsted’s press release, the 2b phase is scheduled to be commissioned in Q3 2026.

In July 2025, Ørsted finalized a DKK 20 billion project financing package, and the sale of a 55% equity stake to Cathay is valued at approximately DKK 11 billion (TWD 55 billion). This highlights both the financial viability and investor confidence in Taiwan’s offshore wind sector.

Ørsted Cathay Life Partnership in Taiwan Offshore Wind

The Ørsted Cathay Life partnership builds on previous collaborations, including Greater Changhua 1 and 4. By selling a 55% stake, Ørsted strengthens its capital structure while providing Cathay Life with a stable, long-term infrastructure-backed investment.

Trond Westlie, Ørsted CFO, commented:

Trond Westlie, Ørsted CFO, discussing the Greater Changhua 2 Offshore Wind Farm partnership with Cathay Life
Trond Westlie, Ørsted CFO, speaking about the Greater Changhua 2 Offshore Wind Farm partnership. Image: LinkedIn

“The transaction underlines the strong appetite from leading investors for high-quality assets with long-term offtake agreements. Combined with project financing, this deal strengthens our capital structure and contributes significantly to our partnership and divestment program.”

Andrew Liu, President of Cathay Life Insurance, said:

“This investment reflects our continued support for Taiwan’s renewable energy transition while generating stable, long-term returns aligned with the investment objectives of the insurance sector.”

Strategic Timing: Why the Transaction Closes in 2026

The deal will close when the project reaches commercial operations in Q3 2026, which is critical because:

  • Construction risk is reduced
  • Revenue streams are secured
  • Financing conditions improve
  • Investor confidence increases

This structure benefits both parties:

  • Ørsted avoids early-stage risk exposure
  • Cathay enters a stabilized asset phase

Impacts on Taiwan Offshore Wind Investment

The Greater Changhua offshore wind project demonstrates how Taiwan is increasingly attracting institutional investors to its renewable energy sector. By partnering with international developers like Ørsted, local investors can participate in high-quality offshore wind projects while reducing project risk.

Shared ownership models like this accelerate the construction of Taiwan’s offshore wind projects, provide financial flexibility to developers, and support the country’s goal to increase renewable energy capacity in the coming years.

Future Outlook for Offshore Wind Investment in Taiwan

As Taiwan scales up its offshore wind sector, offshore wind investment in Taiwan is expected to grow. Partnerships between global developers and local financial institutions, such as Ørsted and Cathay Life, create a model for financing and operating future projects efficiently.

Per Mejnert Kristensen, Ørsted SVP and CEO of Region APAC, stated:

“We’re pleased to deepen our long-standing partnership with Cathay as we advance Taiwan’s offshore wind build-out. This investment reflects shared confidence in Taiwan’s offshore wind fundamentals and creates lasting value for investors and the local energy market.”

What This Means for Taiwan’s Offshore Wind Market

The Ørsted Greater Changhua 2 Offshore Wind Farm transaction highlights the value of strategic partnerships in Taiwan’s offshore wind sector. Ørsted retains operational control while freeing capital for future developments, and Cathay Life secures a resilient investment in a growing market. As this Taiwan offshore wind project progresses toward full commercial operation in 2026, it illustrates how collaborative ownership models are shaping the future of offshore wind investment in Taiwan.

Sources:

  • Ørsted Press Release: Greater Changhua 2 Offshore Wind Farm
  • Cathay Life Insurance News Release

PNE France Wins 10th Wind Tender, Securing Two New Onshore Project

PNE France 10th wind tender – Romescamps and Chéry onshore wind projects

PNE France has strengthened its position in the European onshore wind market after winning projects in France’s 10th national wind power tender. The company, through its subsidiary, secured approval for two onshore wind farms—Romscamps (10.8 MW) and Chery (10 MW)—marking another step forward in France’s renewable energy expansion.

The tender results reflect growing policy alignment between developers and regulators as France accelerates wind deployment to meet its climate and energy security targets. For the broader European wind sector, PNE France’s success highlights how competitive tenders continue to drive cost efficiency, innovation, and long-term market confidence amid evolving energy policies.

Why the 10th Wind Tender Matters for France’s Wind Market

France’s 10th onshore wind tender is part of the country’s broader renewable energy strategy under its multi-year energy program (PPE). The auction aimed to expand wind capacity while encouraging cost efficiency, technical optimization, and regulatory compliance among developers.

The competition was intense. Around 90 projects, representing more than 1.6 GW of potential capacity, competed for a government target of 925 MW. Ultimately, 42 projects were awarded contracts totaling 952.8 MW, underscoring France’s continued commitment to scaling onshore wind power.

The average awarded price of approximately €86.6 per megawatt-hour reflects a balance between maintaining investor confidence and controlling electricity costs for consumers, a key objective of France’s renewable energy policy

Inside PNE France’s 10th Wind Tender Win

The Romescamps wind farm will be developed in the Hauts-de-France region in northern France. The project will consist of three wind turbines with a combined capacity of 10.8 MW and is expected to be commissioned by 2027.

The Chéry wind farm will be located in the Centre-Val de Loire region. It will feature two turbines with a total installed capacity of 10 MW, with commissioning planned for 2029.

For both projects, PNE France optimized turbine selection and project layouts to improve efficiency, operational reliability, and long-term performance—factors that are increasingly critical in competitive tender processes.

PNE France wins two onshore wind projects in the 10th wind tender
Roland Stanze, image: PNE

Roland Stanze, the COO of PNE AG, said they were super happy about winning. He gave a shout-out to his team at PNE France for making the projects even better, which will help them make more clean energy and support France in reaching its climate goals.

We are very pleased to have been successful in this tender. First of all, thanks to the dedication of our colleagues at PNE France, we have been able to increase the efficiency of both projects. This success will help us deliver clean energy and support France’s climate goals.

Why the PNE France 10th Wind Tender Matters

Strengthening France’s renewable energy pipeline
France’s tender system continues to attract experienced European developers, signaling long-term policy stability and sustained investment in onshore wind.

Demonstrating technical and regulatory expertise
PNE France’s ability to upgrade projects within permitting frameworks illustrates how regulatory alignment and technical innovation can improve approval outcomes.

Reinforcing PNE’s market position
The successful tender reinforces PNE France’s role as a reliable developer in the French renewable energy market.

Supporting European climate targets
The projects contribute to the European Union’s 2030 renewable energy and emissions-reduction goals by increasing clean power generation and energy independence.

PNE’s Growing Success in France

The 10th wind tender win builds on PNE Group’s broader track record in France. In 2025, the company completed the sale of two onshore wind projects:

  • Clermont-en-Argonne (14.4 MW) in the Grand Est region, sold to JP Energie Environnement, with construction beginning in September 2025.
  • Genouillé (11.3 MW) in Nouvelle-Aquitaine, sold to Sorégies and operational since July 2025. PNE continues to manage the project through its Energy Consult France subsidiary.

According to Heiko Wuttke, CEO of PNE AG, these transactions demonstrate the company’s ability to develop, optimize, and deliver high-quality renewable energy assets.

France’s 10th Wind Tender: The Numbers

CategoryDetails
Tender Round 10th (PPE2 Onshore)
Total Capacity Awarded 952.8 MW
Projects Selected 42
Average Price €86.6/MWh
PNE Projects Approved 2 (Romescamps & Chéry)

PNE’s Broader Clean Energy Strategy in Europe

Beyond France, PNE continues to expand its renewable energy footprint across Europe through onshore wind, offshore wind, solar, and hybrid projects. The company’s clean energy solutions strategy emphasizes diversification and system stability.

Current strategic priorities include:

  • AI-enabled monitoring systems to improve turbine performance
  • Hybrid wind-solar projects to support grid resilience
  • Cross-border collaboration to accelerate EU-wide decarbonization

This approach positions PNE not only as a project developer, but as a long-term clean energy partner in Europe’s energy transition.

Industry Perspective

Energy market analysts view the outcome of France’s 10th wind tender as a sign of a maturing onshore wind market. Developers are increasingly focused on efficiency gains, technology upgrades, and regulatory adaptability rather than capacity expansion alone.

These trends are critical for maintaining momentum in Europe’s renewable energy transition amid supply-chain constraints and rising global competition.

Frequently Asked Questions—PNE France 10th Wind Tender

Q: What did PNE France win in the 10th Wind Tender?

A: PNE secures two onshore wind projects—Romescamps (10.8 MW) and Chéry (10 MW).

Q: When will these projects be in operation?

A: Romescamps is planned for2027, and Chéry is planned for 2029.

Q: What modifications are important?

A: They allowed PNE France to integrate wind turbine technology to promote efficiency and output.

Q: How much total energy was awarded?

A: France’s 10th Wind Tender awarded 952.8 MW across 42 projects.

£100m Belfast Wind Project Powers 3 Million Homes and Creates 300 Green Jobs

£100m Belfast Wind Creates 300 Jobs and Powers 3M UK Homes

Belfast is set to become a major hub for the UK’s offshore wind industry with the £100 million Belfast Wind Project. EnBW and JERA Nex bp will transform Belfast Harbour into a central assembly and logistics hub for the Mona and Morgan Wind Farms in the Irish Sea.

The project will generate enough electricity to power three million UK homes and create 300 skilled green jobs, ranging from engineers and technicians to port operators and logistics specialists.

“This is more than a project. It’s a statement that Belfast is ready to lead the UK’s renewable energy future,” said Dr. Theresa Donaldson, Chair of Belfast Harbour.

By combining strategic infrastructure investment with renewable energy deployment, the Belfast Wind Project highlights the UK’s ongoing commitment to net-zero emissions, clean energy growth, and economic development.

Project Overview: Transforming Belfast Harbour

The £100 million Belfast Wind Project will upgrade the D1 terminal at Belfast Harbour to handle the assembly and marshalling of offshore wind turbines for the Mona and Morgan Wind Farms. Together, these projects could produce 3 GW of electricity, enough to power 3 million homes in the UK.

Project information:

FeatureDetails
Investment £100 million
Capacity3GW
Homes Powered3 million
Jobs created300 skilled green roles
LocationBelfast Harbour, Northern Ireland
Operational Goal2028
ImpactBoosts UK green jobs & clean energy

In addition to electricity generation, the project will enhance port infrastructure, strengthen regional supply chains, and contribute to Northern Ireland’s economy.

Leading Voices: Promoting the Green Energy Agenda

The agreement was hailed by UK Prime Minister Keir Starmer as a “major step forward” for the nation’s clean energy and UK green job creation goals.

“The £100 million Belfast Wind project shows that renewable energy can provide energy security and economic growth. It’s helping us achieve our net-zero goals and generating hundreds of skilled jobs,” he said.

JERA Nex bp CEO Nathalie Oosterlinck highlighted the broader advantages:

“This isn’t just about energy. It’s about empowering communities, creating sustainable jobs, and driving long-term economic growth through renewable technologies.”

The project demonstrates the value of cooperation in achieving the UK’s energy transition objectives and is an example of a successful partnership between the public and private sectors as well as local stakeholders.

Belfast Harbour: The New Nerve Center for Offshore Wind

Belfast Harbour’s really stepped up its game. It’s become a main hub for the UK’s offshore wind scene—think turbine assembly, logistics, and all the behind-the-scenes work that keeps those giant wind farms like Mona and Morgan running smoothly.

Here’s why Belfast stands out:

🏗️ The port’s deep waters mean it can handle the massive parts these turbines need.

⚙️ Local manufacturers and service crews get a boost, keeping the whole supply chain tight.

🌐 Location matters, and Belfast’s right where it needs to be for projects in the Irish Sea and North Sea.

👩‍🏭 And let’s not forget jobs—about 300 new green roles are opening up, giving the local economy a real shot in the arm.

This isn’t just another port upgrade. Belfast is setting the pace, showing how smart investment in renewables pays off for both the economy and the environment. Other UK ports are watching and, honestly, probably taking notes.

UK Clean Energy Goals and Achievements

The £100 million Belfast Wind project isn’t just another wind farm—it’s a big step toward the UK’s goal of hitting 50 GW of offshore wind by 2030 and reaching net-zero emissions by 2050.

What does that actually mean?

– Power for 3 million UK homes

– 300 new skilled UK green jobs in renewable energy

– A boost for Belfast’s local economy and supply chain

– Real progress toward the UK’s long-term clean energy targets. Belfast’s investment shows that offshore wind doesn’t just cut carbon

— It creates jobs and builds stronger communities.

This project sets a real example for others across the UK.

Why Belfast Sets the Standard for Offshore Wind

The £100 million Belfast Wind Project proves that strategic investment in renewables delivers measurable results. Belfast Harbour has emerged as a benchmark for other UK ports, showing how infrastructure, technology, and skilled labor combine to power a clean-energy future.

With projects like Mona and Morgan, Belfast is helping the UK meet its renewable energy ambitions, create new employment opportunities, and strengthen local economies.

Japan Offshore Wind Project: Kajima Powers 315 MW Boom

Japan offshore wind project - 315 MW Akita offshore wind turbines under construction with Kajima Corporation foundations

Japan offshore wind project ambitions have reached a landmark milestone as Oga Katagami Akita Offshore Green Energy LLC (OKAOGE) signed a historic contract with Kajima Corporation on October 23 for the 315 MW Akita Offshore Wind Project. As part of the agreement, wind turbine foundations will be manufactured, purchased, transported, and installed, initiating full-scale construction for one of Japan’s biggest offshore wind projects. This offshore wind project in Japan is a significant step toward the nation’s carbon-neutral and clean energy goals.

Renewable Energy Meets Local Revitalization

The offshore wind project in Japan prioritizes coexistence with nearby fisheries and coastal communities in addition to producing clean energy. OKAOGE seeks to advance sustainable regional revitalization, creating jobs and stimulating economic growth across Akita Prefecture.

The company intends to create a self-sustaining agricultural and fisheries sector by utilizing ITOCHU Corporation’s commercial infrastructure and working with nearby companies, guaranteeing that the advantages of renewable energy effectively reach the local community.

Building Japan’s Offshore Wind Workforce

With 86% of its workforce hired from Akita, OKAOGE is poised to become the largest offshore operations and maintenance (O&M) company in Japan. In addition to providing a trained workforce to support future offshore expansions throughout Asia, this initiative will bolster Japan’s domestic offshore wind industry.

With Kajima Corporation on board, the Japan offshore wind project is entering a new era of growth, technological innovation, and industry leadership.

Shaping the Future with Akita Winds

Under the vision “Shaping the Future with Akita Winds—A New Step Towards Clean Energy,” OKAOGE combines technology, sustainability, and community engagement to advance Japan’s renewable energy ambitions. As the 315 MW Akita Offshore Wind Project approaches operation in June 2028, it symbolizes Japan’s commitment to offshore renewable energy and the empowerment of local economies.

Business Management Policy Diagram

Focus AreaObjectiveKey Actions/Keywords
1. Generate ElectricityComplete the first operational bottom-fixed offshore wind project in Japan.Bottom-fixed offshore wind project in Japan Oga Katagami Akita Offshore Green Energy, Kajima Corporation, offshore turbine foundations, Japan
2. Establish an IndustryCreate the biggest offshore operations and maintenance company in Japan, then grow to Asia with local workers. Japan’s offshore wind industry, Akita, and the growth of renewable energy in Asia
3. Generate RevenueEncourage local companies and self-sufficient industriesITOCHU Corporation, commercial infrastructure, Akita’s economic development, the agriculture and fishing sectors, and the advantages of renewable energy.
4. Expand NationwideCreate a domestic offshore wind ecosystemdomestic suppliers, a carbon-neutral sector, battery storage, renewable energy in Japan, and offshore wind expansion across the country.

Project Overview – 315 MW Akita Offshore Wind Project

Project Name: 315 MW Akita Offshore Wind Project

Operator: Oga Katagami Akita Offshore Green Energy LLC (OKAOGE)

Key Partner: Kajima Corporation (foundation manufacturing, procurement, transport, installation)

Location: Off the coasts of Oga City, Katagami City, and Akita City, Akita Prefecture, Japan

Turbines: 21 bottom-fixed offshore wind turbines

Capacity: 315 MW

Start of Commercial Operations: June 2028

Objectives:

  • Under the Act on Promoting the Utilization of Sea Areas for Renewable Energy, Japan installed its first bottom-fixed offshore wind power generator.
  • Energy contribution that is carbon neutral by 2050
  • Job creation and regional revitalization in Akita Prefecture
  • Create the biggest offshore O&M company in Japan.
  • Increase knowledge of offshore wind across Asia and the country.

Stay informed on the latest developments in Japan’s offshore wind projects and global renewable energy innovations. Follow WindNewsToday for real-time updates on the 315 MW Akita offshore wind project, Kajima’s contracts, and emerging clean energy opportunities.

RWE Offshore Wind Project Australia Canceled Amid Policy Delays

RWE Offshore Wind Project Australia Canceled

The RWE Offshore Wind Project Australia—a massive 2 GW development planned off the coast of Victoria—has officially been canceled. German renewable energy giant RWE confirmed it has ceased the development of the Kent Offshore Wind Farm, following the Australian government’s decision to delay its first offshore wind tender.

After nearly a year of feasibility studies, RWE announced that the RWE Offshore Wind Project Australia would no longer move forward under current market conditions. The Kent site, located approximately 67 kilometers off the Gippsland offshore wind zone, featured an average water depth of 59 meters and was expected to be operational in the early 2030s.

“This decision follows a review of the project’s competitiveness in current market conditions, as well as ongoing uncertainties around supply chain costs and the future design of the auction framework,” RWE said in a statement.

“We want to be clear that this decision relates solely to the Kent Offshore Wind Project.”

RWE’s Kent Offshore Wind Vision in Australia

The RWE Offshore Wind Project Australia was designed to generate 2 gigawatts (GW) of clean power, enough to supply hundreds of thousands of homes with renewable energy. The project symbolized a major investment in Australia’s transition toward carbon neutrality and reflected RWE’s growing interest in the Asia-Pacific renewable energy market.

However, with policy delays, high supply chain costs, and an undefined auction framework, RWE concluded that continuing with development was no longer viable at this stage.

RWE’s Kent Offshore Wind Vision in Australia

The RWE Offshore Wind Project Australia was designed to generate 2 gigawatts (GW) of clean power, enough to supply hundreds of thousands of homes with renewable energy. The project symbolized a major investment in Australia’s transition toward carbon neutrality and reflected RWE’s growing interest in the Asia-Pacific renewable energy market.

However, with policy delays, high supply chain costs, and an undefined auction framework, RWE concluded that continuing with development was no longer viable at this stage.

Gippsland: The Heart of Australia’s Offshore Wind Ambitions

Declared in 2022, Gippsland became Australia’s first offshore wind zone, with an estimated potential of 25 GW of renewable energy capacity. The region quickly attracted leading developers, including RWE, BlueFloat Energy, and a joint venture between Origin Energy and Renewable Energy Systems (RES).

Yet, recent months have brought setbacks. BlueFloat Energy withdrew from the Gippsland zone in July 2025, and the Origin-RES joint venture later suspended work on its 1.5 GW Navigator Offshore Wind Project, citing similar challenges and uncertainties around Victoria’s delayed offshore wind auction.

These developments collectively underscore how regulatory delays and rising global supply costs are impacting Australia’s emerging offshore wind sector.

Policy Uncertainty Threatens Offshore Wind Growth

The Victorian government’s decision to indefinitely postpone its first offshore wind auction in September has created significant market uncertainty. Without a clear auction framework, developers find it difficult to assess project economics and secure funding for the complex infrastructure offshore wind requires.

Experts say that the RWE Offshore Wind Project Australia highlights the importance of a transparent and timely offshore wind policy to maintain investor confidence.

“Australia has the wind resources and engineering talent to become a global offshore wind leader,” said an energy analyst from Melbourne. “But developers need policy stability and consistent auction timelines to make long-term investment decisions.”

Australia’s Offshore Wind Potential Remains Strong

Despite RWE’s withdrawal, Australia’s offshore wind potential is vast and largely untapped. The federal government estimates that tens of gigawatts of renewable energy could be generated from the nation’s coastal zones, supporting national targets to reach net zero emissions by 2050.

The Gippsland offshore wind zone remains central to this vision, with other developers continuing feasibility studies despite current challenges. The area’s powerful and consistent winds offer a foundation for future clean energy generation once clearer policies are in place.

Conclusion: RWE Offshore Wind Project Australia Signals a Wake-Up Call

The cancellation of the RWE Offshore Wind Project Australia is a reminder that even the strongest renewable energy ambitions depend on policy clarity, stable auction frameworks, and supply chain support.

While RWE has paused its Australian offshore wind efforts, the company remains a leading global player in offshore wind development across Europe, North America, and Asia-Pacific. Industry observers believe RWE could re-enter the Australian market once the regulatory environment matures.

Ultimately, the project’s cancellation serves as both a lesson and an opportunity—highlighting the need for stronger coordination between government, investors, and developers to realize Australia’s clean energy potential and secure its place in the global offshore wind market.

What’s Next for RWE?

Although RWE has exited the Kent project, the company continues to maintain a strong presence in global offshore wind markets, with active developments in Europe, the United States, and Asia-Pacific. The company remains optimistic about future opportunities in Australia once market conditions stabilize and the government finalizes its offshore wind framework.

Al Yamamah Steel Launches Wind Factory in Saudi Arabia

Al Yamamah Steel Industries Company has officially launched commercial production at its Wind Energy Systems Factory in Yanbu Industrial City

Al Yamamah Steel Industries Company, a specialist in steel tower manufacturing, has officially entered the Saudi Arabian wind energy sector with the launch of its Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City. Supported by the Arab Ministry of Energy, the factory marks a major step toward achieving the ambitious goals of Saudi Vision 2030, which seeks to generate 50% of the nation’s electricity from renewable energy sources, to reach a total installed capacity of 130 GW, aiming for a target of 40 GW from wind power.

A Landmark for Saudi Vision 2030

The new facility represents a significant leap in the Kingdom’s clean energy transformation. The project is designed to advance the Saudi Vision 2030 Clean Power roadmap, reducing reliance on fossil fuels while creating new opportunities in the green manufacturing sector.

With the Ministry of Energy’s supervision, Al Yamamah Steel Industries Company demonstrates its growing commitment to sustainable development, aligning with the nation’s broader clean energy strategy and global sustainability goals.

One of the Most Advanced Steel Tower Facilities

The Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City is equipped with cutting-edge technology and precision engineering capabilities. The plant boasts an annual production capacity of 50,000 tons of high-quality steel towers, each capable of reaching heights over 130 meters and diameters up to 6 meters—specifically designed to support the latest generation of wind turbines. Managed by a team of specialized engineers and industry professionals, the Yanbu facility offers an innovative work environment that promotes technical excellence and continuous improvement. The factory not only supplies local projects but also positions itself as a global supplier to international wind energy markets, strengthening Saudi Arabia’s industrial export base

At the dawn of the new millennium, the Kingdom of Saudi Arabia witnessed remarkable development across all sectors—unprecedented in both speed and scale. The nation moved far beyond constructing modern homes and city roads to establishing vast economic and industrial cities strategically located throughout the Kingdom.

To strengthen logistics and connectivity, these economic and industrial hubs were linked through an extensive network of modern highways and railroads, forming part of Saudi Vision 2030—a bold national initiative aimed at diversifying the economy and positioning the Kingdom as a global hub connecting three continents.

In 2003, Al Yamamah Company for Reinforcing Steel Bars was founded, marking a new chapter in the nation’s industrial progress. The company built a state-of-the-art manufacturing plant in Yanbu Industrial City to meet the growing demand for reinforcing steel bars essential to Saudi Arabia’s massive infrastructure and development projects—introducing a strong new name in the global steel manufacturing industry

— Eng. Mohammed Al Wehaiby

This facility is one of the most advanced of its kind in the region, placing Saudi Arabia at the forefront of localized wind tower manufacturing and reinforcing its leadership in renewable energy innovation.

Strengthening Saudi Arabia’s Clean Energy Future

This initiative underlines Al Yamamah Steel Industries Company’s national responsibility and active role in advancing the Yanbu Industrial City renewable energy transition. By supporting domestic wind turbine tower manufacturing and technology development, the company helps to solidify the Kingdom’s position as both a regional and global leader in the renewable energy sector.

The successful start of commercial production in Yanbu highlights the rapid growth of the Saudi wind energy industry, signaling a new chapter in the Kingdom’s ongoing journey toward sustainability, innovation, and economic diversification.

Saudi Arabia’s Going Green: Clean Energy by 2030

With the Saudi Vision 2030 clean power plan, it is changing its energy game plan. They want to mix up their economy and rely less on oil. The goal is to get half of their electricity from clean sources by 2030, using big solar and wind projects.

By 2025, Saudi Arabia had over 4 GW of renewable energy up and running. Big projects like Sudair Solar PV (1.5 GW) and the Dumat Al Jandal Wind Farm (400 MW) are helping make the switch.

The country is putting lots of money into green hydrogen and energy storage, trying to become a big player in sustainable energy in the area. With support from the Public Investment Fund (PIF) and help from companies around the world, Saudi Arabia’s push into renewable energy, like wind turbine tower manufacturing at Al Yamamah Steel, shows they want a strong, carbon-neutral economy that runs on clean, reliable, and affordable energy.

Bangladesh Clean Energy Revolution: Will Yunus Create a Superpower?

Bangladesh Clean Energy

Is Bangladesh at a crossroads in clean energy?

Bangladesh’s interim government, led by Chief Adviser Prof. Muhammad Yunus, is taking decisive steps to address the country’s fossil fuel dependence and transition toward renewable energy. With rising energy costs, power shortages, and climate risks, officials say the time for a Bangladesh clean energy transition is now.

“Bangladesh cannot afford prolonged reliance on fossil fuels. It is time to seriously consider clean energy alternatives, including large-scale solar deployment,” Yunus said during a virtual conference with Carl Page, chairman of the Anthropocene Institute.


Bangladesh Renewable Energy Future: Solar Power on the Rise

Bangladesh has gained global recognition for its solar home system (SHS) program, providing electricity to over six million rural homes. Now, the Yunus government is pushing for a Bangladesh renewable energy future that includes industrial-scale solar farms.

“With strong investment and policy support, Bangladesh can become a hub for solar innovation in South Asia.”

Key Drivers of Bangladesh’s Renewable Energy Future

  • Government target: 40% electricity from renewable sources by 2041
  • Utility-scale solar projects underway in Feni, Gaibandha, and Teknaf
  • Rooftop solar solutions growing in industrial zones

Challenges such as land scarcity, grid capacity, and financing gaps remain. Strong policy incentives and foreign partnerships will be crucial to realize the Bangladesh renewable energy future.


Bangladesh Clean Energy Transition

Alongside solar, the government is exploring nuclear power for large-scale, stable electricity supply. The Rooppur Nuclear Power Plant, built with Russian collaboration, is expected to generate 2,400 MW.

“Next-generation nuclear technologies, including barge-mounted reactors, offer reliable, zero-carbon power at lower costs,” said Page.

Prof. Yunus emphasized that nuclear expansion requires rigorous research, safety assessments, and feasibility studies.

“We will explore these opportunities carefully, but there is no question—Bangladesh must drastically reduce its dependence on fossil fuels,” Yunus added.


Economic Implications of the Clean Energy Push

Bangladesh spends billions annually on fossil fuel imports, straining its foreign reserves. Analysts say a strategic pivot toward Bangladesh clean energy could:

  • Reduce energy import bills significantly.
  • Create jobs in solar installation, nuclear operations, and renewable technology sectors.
  • Attract climate financing from the World Bank, ADB, and private investors.
  • Ensure industrial competitiveness through a reliable and affordable power supply.

Industry observers believe that integrating solar and nuclear power into the energy mix could also stabilize electricity prices and enhance economic resilience.


Regional and Global Context

Bangladesh is among the most climate-vulnerable nations globally. Rising sea levels, cyclones, and floods make dependence on fossil fuels increasingly unsustainable.

Experts say a successful clean energy transition would position Bangladesh as a regional model in renewable energy, demonstrating how a developing nation can balance economic growth with environmental responsibility.


Economic Impacts: Green Jobs and Industrial Growth

Bangladesh spends billions on fossil fuel imports, straining the economy. A strategic shift to Bangladesh clean energy could:

  • Reduce import bills and strengthen reserves
  • Create thousands of jobs in solar, nuclear, and renewable sectors
  • Attract international climate financing from the World Bank, ADB, and private investors
  • Stabilize electricity prices and boost industrial competitiveness

“Clean energy is not just an environmental imperative—it’s an economic opportunity for Bangladesh.”


Policy Outlook: Next Steps for the Yunus Government Energy Policy

The interim government plans to:

  • Accelerate solar power projects through public-private partnerships
  • Conduct feasibility studies for nuclear power expansion
  • Encourage private sector investment in renewable energy
  • Expand regional energy trade with India, Nepal, and Bhutan

“We need in-depth studies on promising technologies. But with strong policies, Bangladesh can achieve its renewable energy goals,” Yunus said.

Conclusion

Bangladesh’s energy landscape is at a pivotal juncture. With a clear focus on solar and nuclear power, the Yunus government’s energy policy could drive a historic Bangladesh clean energy transition.

The ultimate question remains: Will Bangladesh seize this opportunity to become a regional clean energy superpower, or will challenges slow its progress?