- In December 2024, Brazil's Federal Senate passed a landmark offshore wind bill, laying the foundation for rapid growth in the country's offshore wind energy sector. This legislation establishes a regulatory framework that enables the federal government to auction offshore areas for wind farm development, unlocking significant investment opportunities. With over 100 proposed projects representing more than 230 GW of potential capacity, the bill positions Brazil as a key player in the global energy transition. It is expected to drive job creation, enhance energy security, and support Brazil’s climate goals by accelerating the shift to clean, renewable power
- In November 2024, the Global Wind Energy Council (GWEC) and the Global Wind Organisation (GWO) released the Global Wind Workforce Outlook 2024–2028, projecting the need for 532,000 new wind technicians by 2028 to meet the growing global demand for onshore and offshore wind energy. Of these, 40% must be new entrants, highlighting the urgent need for workforce development, vocational training, and safety standards. This surge in demand reflects the rapid expansion of the wind industry and the critical role skilled labor will play in achieving global renewable energy and net-zero targets
- In June 2022, BP announced it would acquire a 40.5% stake and assume operatorship of the Asian Renewable Energy Hub (AREH) in Western Australia. This massive project, spanning 6,500 square kilometers, aims to develop up to 26 GW of combined solar and onshore wind capacity. The AREH is expected to produce 1.6 million tonnes of green hydrogen or 9 million tonnes of green ammonia annually, making it one of the world’s largest renewable and green hydrogen hubs. BP’s investment underscores a major shift by traditional energy companies toward large-scale renewable energy ventures
- In May 2022, Engie Brasil Energia agreed to acquire the Serra do Assuruá wind project in Bahia state from PEC Energia for approximately $50 million (BRL 265 million). This acquisition includes 24 development grants totaling 882 MW of onshore wind capacity, along with land leases, wind measurement data, and a guaranteed grid connection. The project also benefits from a preliminary environmental license and eligibility for transmission tariff reductions. This move strengthens Engie’s renewable energy portfolio in Brazil, where it already operates several major wind complexes, and aligns with its strategy to accelerate the energy transition
- In April 2022, SSE Renewables signed an agreement to acquire Siemens Gamesa Renewable Energy’s (SGRE) Southern Europe renewable energy development platform. The deal includes a 3.9 GW portfolio of onshore wind projects across Spain, France, Italy, and Greece, with potential for an additional 1 GW of co-located solar capacity. This acquisition marks SSE’s strategic entry into Southern Europe and supports its Net Zero Acceleration Programme, aiming to expand its presence in wind, solar, batteries, and hydrogen across the continent
