Renewables.digital currently lists 14 Onshore Wind transactions in Asia between September 2025 and October 2026, with a combined capacity of 9,617 MW, led by India (7), Japan (2), Türkiye (2), China (1) and Philippines (1). The most active companies are Reges Elektrik (2), ACEN (1), ACEN Renewables International Pte. Ltd. (1) and ACWA Power (1). The most recent deal is “KPI Green Energy Acquires 507.9 MW Operational Wind Portfolio in Gujarat from Alfanar Group for ~Rs 2,410 Crore” (1 October 2026).
14Transactions
9,617 MWTotal capacity
6Countries
5With PPA
September 2025 – October 2026Period
Key facts
14 transactions between September 2025 and October 2026, 9,617 MW in total (average 687 MW per deal)
KPI Green Energy has agreed to acquire 507.9 MW of operational wind assets in Gujarat, India from Saudi Arabia-based Alfanar Group for an enterprise value of approximately Rs 2,410 crore. The portfolio comprises 301.4 MW held by Alfanar Energy and 206.5 MW by Netra Wind, both backed by long-term SECI PPAs with approximately 21 years remaining. The transaction is expected to close by 28 February 2027.
Blueleaf Energy has completed the acquisition of a 40 MW operational wind farm in Belgavi District, Karnataka, India. The asset has an eight-year operating track record and complements Blueleaf's existing 1.5 GW greenfield portfolio across India.
TerraWind Renewables Inc. has completed the acquisition of a 100% interest in a 25 MW onshore wind project in Fukushima Prefecture, Japan. Construction is scheduled to begin in Q4 2026 with commercial operation targeted for Q1 2029. The acquisition expands TerraWind's Japanese onshore wind portfolio to 376 MW.
ACEN Corp. has agreed to sell up to a 49% stake in Diyos Renewables India Project Private Ltd., which is developing a 100 MW wind project in Karnataka, India, to Diamond India Renewables One B.V. (DIRO). This is the second India transaction between ACEN and DIRO, following a similar deal for a 250 MW solar project in Rajasthan announced in June 2026.
Vivant Renewable Energy Corporation, part of Philippine conglomerate Vivant Corporation, has acquired Samar Philippines Renewable Corporation, holder of a 200 MW wind project across Lavezares, Allen, Victoria and Rosario in Northern Samar, from Envision Energy Philippines. Expected to generate 695 GWh annually, the project targets commissioning by end of 2028, with 36% of capacity backed by a GEA-4 auction contract.
Inox Clean Energy has signed a definitive agreement to acquire 100% of Vena Energy India from Vena Group, comprising approximately 1 GW of operational capacity, 1.7 GW of advanced-stage solar and wind assets plus 1.2 GWh BESS, and a 2.7 GW development pipeline plus 1.3 GWh BESS. The deal is Inox Clean's tenth acquisition in ten months and will bring its near-operational portfolio to approximately 4 GW.
RES has completed the sale of the 66 MW Topaz Wind Energy Project in the Alaca and Aydıncık districts of Çorum and Yozgat provinces, Türkiye to Reges Elektrik. The project was awarded under a 2017 TEİAŞ tender and obtained its production licence in March 2026. Once operational, it is expected to prevent approximately 80,000 tonnes of CO₂ emissions annually.
Chugoku Electric Power Co Ltd and Toda Corp have acquired an undisclosed equity stake in the 54 MW Masuda-Hikimi Wind Power Project in Shimane Prefecture, Japan, from Mitsui OSK Lines and Hokutaku. The project features 13 wind turbines of 4.2 MW each and is developed through SPC Asia Wind Power. Construction is set to begin shortly, with operations scheduled for January 2030.
Levanta Renewables, Actis' pan-Southeast Asia renewable energy platform, has acquired an 80% stake in a fully operational 50 MW onshore wind project in Gia Lai Province, Vietnam. The asset generates over 150 GWh annually and sells power to state-owned Vietnam Electricity (EVN) under long-term PPAs. The transaction is Levanta's fifth regional acquisition, bringing its total operating capacity to approximately 400 MW.
INOXGFL Group units have won the bid to acquire 600 MW of operational wind IPP capacity and nearly 4.5 GW of O&M assets from bankrupt Wind World India, strengthening their position in the Indian wind market.
ACEN has consolidated its joint venture with UPC Renewables to gain 100% ownership of a 1,059 MWdc renewable energy portfolio in India, alongside a nearly 7 GW development pipeline. The move reinforces ACEN’s long-term commitment to India’s clean energy transition.
RES Group has sold the 60 MW Demirli onshore wind project located in Kırşehir Province, Türkiye, to Reges Elektrik. The ready-to-build wind project has secured its production license and will contribute significantly to emissions reduction and public revenues once operational.
ACWA Power has agreed to acquire stakes in a portfolio of onshore wind projects in China totaling approximately 1.25 GW, including one operational asset and four projects under construction.
Statkraft has signed an agreement to sell its Indian renewable energy portfolio in Rajasthan, totalling approximately 1.5 GWp, to Serentica Renewables. The deal includes the 445 MWp Khidrat solar plant (operational in 2025) and approximately 1,000 MWp of solar and wind projects in various stages of development. The transaction reflects Statkraft's strategic refocus on core markets in Europe and South America.
Data as of 2 October 2026. The overview covers the transactions currently listed in the Renewables.digital database; each deal links to its original public source.
