Pay-as-Produced

Vena Energy generates and delivers renewable energy through pay-as-produced contracts, supplying variable renewable power via government-backed schemes and corporate PPAs. Our diverse portfolio includes solar PV, onshore and offshore wind, and hybrid systems, harnessing clean energy without fuel consumption or waste discharge, accelerating the transition to a low-carbon economy.

Mingus

Onshore Solar PV and Wind

Vena Energy has established itself as a leading renewable energy company, with in- house technical expertise and a proven track record of successful project delivery in the onshore solar and wind business, including hybrid systems. As a licensed engineering, procurement, and construction (EPC) contractor, we maintain a full-service in-house team comprising civil, construction, procurement, and engineering specialists in key markets, allowing for greater control over project execution and delivery timelines. Our integrated operations extend to asset management, with a dedicated in-house operations and maintenance (O&M) team directly managing our operational solar PV and wind projects in select markets and overseeing third party contractors elsewhere. This approach enables us to optimise maintenance costs, enhance generation availability, and extend asset lifespans.

Did you know: Our 70.2 MW Mingus Solar Project in Taiwan is the first ground-based demonstration in of a solar project that co-exists in harmony with wildlife. Completed in July 2019, the Mingus Solar Project covers an area of 79.5 hectares of previously abandoned salt plains, with 24.1 hectares reserved for the Ecological Conservation Area and Mingus Education Centre for local and migratory wild birds, including the endangered Black-Faced Spoonbill. The Mingus Solar Project is capable of supplying up to 18,600 households with clean energy yearly, while reducing more than 64,000 tonnes of greenhouse gas emissions and saving up to 91 million litres of water annually.

Offshore Wind

Global interest in offshore wind continues to grow, supported by technological advances, scale efficiencies, and strong national decarbonization goals. In Asia, the offshore wind sector is still in its nascent stages but gaining momentum from government-backed subsidies and offtake agreements. Vena Energy is steadily progressing its 16.1 GW offshore wind pipeline across its target markets, with installed offshore wind capacity expected to expand from 3 GW in 2024 to 109 GW by 2040.

Did you know: The Taean Offshore Wind Project, Vena Energy’s flagship offshore wind development in South Korea, was awarded a contract in the 2024 Energy Auction. Located approximately 30 kilometers off the coast of Taean, the 500MW project is expected to generate enough clean energy to power approximately 300,000 homes annually. The project represents a pivotal step toward increasing domestic and independent green energy production, contributing to Korea’s national renewable energy goals, and is designed to deliver significant economic and environmental benefits, revitalising the local economy, creating meaningful job opportunities, and enhancing the resilience of the local supply chain.

Explore Other Solutions

Firm & Dispatchable

We leverage Battery Energy Storage Systems and hybrid projects to deliver firm and dispatchable power solutions.

Molecules

We are at the forefront of green hydrogen and ammonia development, capitalising on the emerging global market for green molecules.

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