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Britain's Octopus Energy partners with Chinese wind turbine maker
Published by Global Banking & Finance Review®
Posted on September 11, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 11, 2025
2 min readLast updated: January 22, 2026
Octopus Energy partners with Ming Yang to enhance UK's wind power, targeting 6GW development amid rising costs.
By Susanna Twidale
LONDON (Reuters) -Britain’s largest electricity supplier Octopus Energy has signed a deal with Chinese wind turbine manufacturer Ming Yang Smart Energy, which could see the first Chinese made turbines installed in Britain.
Britain is seeking to scale up renewable power to help meet its climate targets but is also grappling with rising project costs and high electricity prices.
The partnership, announced on Thursday, will see the companies explore opportunities to use Ming Yang Smart Energy’s technology as part of Octopus Energy's plans to develop up to 6 gigawatts of wind through its Winder initiative, which matches communities that would like wind farms with project developers.
“By combining Octopus’s expertise in smart technology and software with outstanding wind turbines, we can optimise every kilowatt and cut energy costs for millions of bill payers,” Zoisa North-Bond, CEO of Octopus Energy Generation, said in a statement.
Elsewhere in Europe, the European Commission last year launched a review into Chinese turbine manufactures in response to industry concerns that cheaper imports could threaten the competitiveness of European firms.
Ming Yang Smart Energy was due to supply turbines for a 300-megawatt Waterkant wind farm in Germany under a deal announced last year, but Hamburg-based asset manager Luxcara said last month it had instead chosen Siemens Gamesa, a subsidiary of Germany's Siemens Energy as its supplier.
Britain’s Energy Minister Ed Miliband visited China earlier this year to discuss climate and energy issues, and has said it would be negligent to not engage with China on climate issues.
(Reporting by Susanna Twidale; Editing by Susan Fenton)
The partnership aims to explore opportunities to utilize Ming Yang Smart Energy's technology as part of Octopus Energy's plans to develop up to 6 gigawatts of wind turbine capacity.
Britain is trying to scale up renewable power to meet climate targets while dealing with rising project costs and high electricity prices.
Britain's Energy Minister Ed Miliband visited China to discuss climate and energy issues, emphasizing the importance of engaging with China on these matters.
The European Commission launched a review into Chinese turbine manufacturers due to concerns that cheaper imports could threaten the competitiveness of European wind energy producers.
By combining Octopus's expertise in smart technology with Ming Yang's wind turbines, the partnership aims to optimize energy production and reduce costs for consumers.
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