OMNI Features｜Amazon and Iberdrola Sign a 476 MW PPA and Leverage AWS to Strengthen Global Clean Energy Initiatives．Hanwha Ocean Delivers Large Offshore Wind Turbine Installation Vessel (WTIV) One Month Ahead of Schedule．Chinese Developers Install a Record 24 GW of Power Capacity Overseas with Renewables Accounting for 52% of the Total

｜Amazon and Iberdrola Sign a 476 MW PPA and Leverage AWS to Strengthen Global Clean Energy Initiatives
Portuguese Amazon and Spanish Iberdrola have secured their inaugural power purchase agreements (PPAs), adding a total installed capacity of 476 MW and spanning five countries. In this arrangement, Amazon in Portugal secured its first PPA from the Tâmega wind complex (219 MW), while the partnership expanded into Spain with an additional 257 MW of utility-scale solar and wind PPAs. Collectively, the three projects are expected to generate approximately 1,093 GWh of carbon-free electricity annually, which is sufficient to power around 300,000 households.

In addition, Iberdrola has selected AWS's advanced artificial intelligence, high-performance computing, and virtual desktop solutions. By leveraging the agility and scalability of AWS and deploying a virtual desktop-as-a-service platform using Amazon WorkSpaces Core, Iberdrola aims to enhance its capabilities in grid connectivity, wind farm design, and weather forecasting across its global operations.

｜Hanwha Ocean Delivers Large Offshore Wind Turbine Installation Vessel (WTIV) One Month Ahead of Schedule
Hanwha Ocean announced on the 3rd that it successfully delivered a large Wind Turbine Installation Vessel (WTIV) on October 31, ahead of schedule by approximately one month. The vessel, originally ordered in 2021 by global offshore wind specialist Cadeler, is set to commence operations at the Changhua offshore wind farm in Taiwan. Measuring 148 meters in length and 56 meters in width, it can lift up to 2,600 tons, enabling the transport and installation of five 15MW-class wind turbines in a single operation. It is also equipped to install equipment in waters up to 65 meters deep.

Philip Levy, head of Hanwha Ocean's Offshore Business, attributed the early delivery to close collaboration with the client from the commissioning stage, allowing for swift issue resolution and enhanced efficiency. Hanwha Ocean has successfully delivered three WTIVs to date, with another under construction slated for delivery by year-end. The company emphasized its position as the domestic leader in WTIV orders and construction achievements. The company emphasized its position as the domestic leader in WTIV orders and construction achievements.

｜Chinese Developers Install a Record 24 GW of Power Capacity Overseas with Renewables Accounting for 52% of the Total
China's Renewable Surge in Belt & Road Nations: A 2024 Milestone Record 24GW Installed: China's Expanding Energy Footprint in B&R Countries China Leads Renewable Energy Growth in Belt & Road Markets.

Chinese companies installed a record 24 GW of power capacity in the Belt and Road Initiative (B&R) countries in 2024, with renewables accounting for 52% of the total, led by 8 GW of solar and 5 GW of hydroelectric power. Meanwhile, thermal power still made up 48%, including 6 GW of coal and 6GW of gas and oil plants. According to Wood Mackenzie, China's push for greener technologies overseas is accelerating, supported by lower renewable costs driven by Chinese manufacturers.

The report also stated that developing countries remain the primary focus of the B&R Initiative, with Asia accounting for 70% of the installed capacity, followed by Africa at 15%. The top 5 B&R markets—Pakistan, Indonesia, Vietnam, Saudi Arabia, and Malaysia—are expected to see significant wind and solar expansion, with a projected 120 GW requiring $73 billion in investment. Chinese firms have dramatically increased their involvement in renewable energy in these markets, rising from just 7% of wind and solar capacity five years ago to over 60% in 2024. If this trend continues, their share could reach 80% by 2030.

Reference:Iberdrola｜ChosunBiz｜reNEWS.BIZ