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 listLightsource BP
One notable project is the Streetfields and Northfield House Solar Project, a joint endeavor by Lightsource bp, is an example of the company's commitment to advancing sustainable energy solutions. With a combined capacity of 50MW, these solar installations near Lutterworth are set to generate 54,400MWh of renewable energy annually, powering approximately 15,000 homes and saving 10,500 tonnes of carbon emissions yearly. Rigorously selected and meticulously planned, these projects underwent extensive environmental assessments and community consultations to ensure alignment with local needs and environmental considerations. Operational since December 2022, these installations now supply H&M Group business activities across the UK, showcasing Lightsource bp's dedication to driving the transition to clean energy. Streetfields and Northfield House Solar Project
Aquila Capital
Aquila Group aims to become a global leader in sustainable investment and project development by 2030, focusing on essential tangible assets such as green energy production, sustainable infrastructure, and carbon forestry. To reinforce this mission, Aquila Group has committed to reducing 1.5 billion tonnes of CO2 emissions by 2035 across its portfolio, contributing significantly to global decarbonization efforts. Aquila Group Sustainability Engagement. In 2022, they joined SolarPower Europe, a key organization driving the Solar Stewardship Initiative (SSI), aimed at enhancing supply chain transparency and confidence in solar product manufacturing.
Mainstream Renewable Power
With its core operations in solar and wind energy develoment, the company develops and invests in renewable energy projects across Europe, Asia, Africa, and South America.
Mainstream's projects range from onshore and offshore wind farms to solar photovoltaic installations, harnessing the power of nature while minimizing environmental impact.
More information
Enel Green Power S.p.A. (EGP)
At the forefront of sustainable energy transition, they're dedicated to decarbonizing and electrifying energy consumption to combat climate change. Their mission, ""Enabling progress with sustainable energy"", guides their efforts in developing and operating renewable energy plants, including on-shore wind, photovoltaic, hydroelectric, and geothermal, while investing in hybridization of technologies, integration with other sectors like agrivoltaics, and innovative circular economy solutions. Additionally, they prioritize Battery Energy Storage Systems (BESS) to address intermittency, enhance grid flexibility, and ensure energy security. Enel Green Power - Mission 2040
Akuo Energy
Akuo Energy prioritizes innovation and progress in its mission to address urgent global challenges like climate change and sustainable food production. Drawing from diverse experiences, they develop tailored solutions that generate significant societal benefits while fostering agility and adaptation across regions and cultures.Our Purpose - Akuo Energy. Their commitment lies in developing technologies tailored to diverse contexts, ensuring their projects have a positive impact while harmonizing with their surroundings.
Vena Energy
Vena Energy has a fully integrated business model and an extensive local presence throughout the region with 67 corporate and site offices in Australia, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan, and Thailand. Vena Energy is committed to engaging with local communities throughout the lifecycle of its portfolio projects, as well as incorporating internationally recognized Environmental, Social, and Governance (ESG) standards into its strategy and business practices.
For more information, please visit www.venaenergy.com.
Vena Energy (Global Infrastructure Partners)
Vena Energy has a fully integrated business model and an extensive local presence throughout the region with 67 corporate and site offices in Australia, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan, and Thailand. Vena Energy is committed to engaging with local communities throughout the lifecycle of its portfolio projects, as well as incorporating internationally recognized Environmental, Social, and Governance (ESG) standards into its strategy and business practices.
For more information, please visit www.venaenergy.com.
Iberdrola Group
The Spain-based company focuses on wind (onshore and offshore), hydroelectric, solar, and biomass energy generation, offering a wide range of renewable energy generation.
Iberdrola prioritizes investing in further renewable energy infrastructure with the incentive to increase capacity and enhance efficiency.
The company's mission is to expand renewable energy generation worldwide. In addition, they are committed to social volunteering and investing in innovation. More information
Enel Group
Their aim is to achieve complete decarbonization by 2040, with a proactive approach to reducing coal reliance. Originally planned for closure by 2030, all coal-fired plants will be shut down ahead of schedule, by 2027. They are committed to leading the transition towards a fully decarbonized society, providing stakeholders with access to renewable energy for sustainable living. https://www.enel.com/company/services-and-products
Total Eren
Identifying 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).