Top 10 Wind Developers in Oceania
25 Jun 2024
PF Nexus recognises top 10 Wind Developers in Oceania
In this article, PF Nexus recognises the contributions being made to the energy transition by the Top 10 wind developers in Oceania.
Oceania's renewable energy landscape is rapidly evolving, with many countries setting ambitious goals to reduce their dependence on fossil fuels. Australia and New Zealand are leading this transformation, with Australia aiming to reach 2.2 GW of installed renewable capacity by 2025, focusing primarily on wind and solar photovoltaic technologies. New Zealand has also made significant strides, with a high percentage of its electricity already coming from renewable sources.
A notable increase in renewable electricity generation has been seen in other Pacific islands as well. Fiji, for instance, increased its renewable electricity generation from 59% in 2013 to 65% in 2016, with plans to reach 81% by 2020 through a mix of hydropower, biomass, solar, and wind. Other nations have also made significant progress, steadily increasing their renewable electricity generation in recent years.
The most commonly utilized renewable energy technologies across Oceania include solar photovoltaic systems, wind power, and hydroelectricity. Australia has been particularly active in the renewable energy transformation, with ambitious targets and substantial investments in large-scale wind and solar projects.
Wind energy is a rapidly growing renewable electricity source critical to the global energy transition. Both onshore and offshore wind projects harness the power of wind via arrays of wind turbine generators (WTGs) to generate clean, sustainable power at an increasing scale.
Offshore wind farms have higher generation potential compared to onshore projects, primarily due to the increased size of turbines and the scale of arrays. To maximize the role of wind power in the clean energy transition, a balanced approach leveraging the strengths of both onshore and offshore wind is crucial. Onshore wind remains a necessary and cost-effective option, while offshore wind has immense untapped potential to generate large amounts of renewable electricity. By strategically deploying both onshore and offshore wind, the world can harness the full potential of this abundant and clean energy source.
Renewable energy developers drive the global transition to clean power by identifying, developing, and managing renewable energy projects. The success of renewable energy developers hinges on their ability to navigate the complex process of bringing a project from concept to reality.
The capacity of renewable energy in the world’s electricity generation mix continues to grow exponentially due to the collective expertise of private developers, demonstrating the immense potential of renewable energy to power a sustainable future. As the demand for clean energy continues to grow, the work of these developers will become increasingly essential in accelerating the deployment of wind, solar, hydroelectric, geothermal, and other renewable technologies.
Top 10 Wind Developers in Oceania
View the full listIdentifying and sourcing the best Renewable Energy Investment Opportunities
Finding wind projects can be difficult. There is fierce competition to establish investment relationships with developers, so for investors, identifying promising new market entrants early and securing relationships with them, is key.
Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between wind developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.
How does it work? Simply register your account and access the platform’s live projects marketplace to search for opportunities which fit your requirements. PF Nexus allows you to filter opportunities and set up automatic alerts, so you never miss a deal. This streamlines the process, eliminating manual outreach and ensuring you are connected with the most promising deal flow.
To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).