Octopus partners with wind turbine manufacturer Ming Yang to supercharge the UK’s path to clean, cheap energy

• Groundbreaking partnership to slash wind energy costs and reduce bills for millions of UK households
• Collaboration to provide Octopus software to control Ming Yang’s world-class hardware
• Plans to unleash the development of up to 6 GW of clean energy projects identified through Octopus’s ‘Winder’ platform

London/Zhongshan, 11 September 2025 – Octopus Energy and Ming Yang Smart Energy, a world-leading wind turbine manufacturer, have signed a groundbreaking partnership to deliver cheap, clean wind energy and bring down bills for British households for good.

Building on the first Joint Economic and Trade Committee (JETCO) in seven years, the partnership aims to dramatically reduce the cost of wind energy in the UK, making renewable power even more affordable.

As part of the agreement, Octopus will explore the implementation of software to create the highest levels of data protection and cyber security in combination with Ming Yang’s cutting-edge offshore and onshore wind turbines.

In addition, Octopus Energy Generation, the renewables arm of Octopus Energy, plans to deploy Ming Yang’s wind turbines to unleash the development of up to 6 GW of local energy capacity identified through Octopus’s match-making platform ‘Winder’.

Designed to speed up the development of onshore wind farms,’Winder’ connects wind-enthusiastic communities with landowners to locate suitable sites for turbines, delivering energy where it’s needed most while easing stress on the grid.

Since its launch in 2022, Winder has found enough potential locations to power nearly 5 million homes with clean, homegrown energy.

Initially focused on onshore wind, the partnership will also explore expanding into other energy solutions, including solar power and battery storage systems.

Octopus is already one of Europe’s largest investors in wind, managing nearly 5 GW of renewable energy globally, including 1.5 GW in onshore and offshore wind projects.

Zoisa North-Bond, CEO of Octopus Energy Generation, said: “The UK is already a leader in wind, and this partnership with Ming Yang is a core pathway to deliver some of the cheapest and most secure energy the UK has seen.

“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.”

Angie (Chao) Zhang, Director, Vice President of Ming Yang Smart Energy, said: “Ming Yang and Octopus share a strong commitment to making clean energy affordable, reliable, and accessible.

“As a global leader in wind technology, Ming Yang is committed to accelerating the energy transition through innovation and community-focused solutions. This partnership marks an exciting step forward in delivering safe, efficient renewable energy to local communities across the UK”.

-ENDS-

Notes to editors

Sources

Press Contacts

Octopus Energy

Christina Hofmann

press@octoenergy.com

+44 (0)20 4530 8369

Ming Yang Smart Energy

mybrand@mywind.com.cn

mingyang@cardewgroup.com (UK specific)

+44 (0)7534340269

About Octopus Energy Generation

Octopus Energy Generation is driving the renewable energy agenda and building green power for the future. It is reshaping the market by leading the transition to a cleaner, greener future through renewable projects connected more deeply to customers and businesses. As one of Europe’s largest specialist renewables investors, it manages 4.9 GW of green energy projects like wind and solar farms in 21 countries, worth £7bn ($9bn/ €8.5bn). These generate enough green power for 2.4 million homes every year - the equivalent of taking over 1 million petrol cars off the road.

Octopus comes up with innovative tech-enabled products to change ingrained thinking about energy, positively influence the net zero economy, deliver cheaper energy for customers and make it easier for everyone to be a part in the energy transition. This includes innovations like ‘The Collective’ – the UK’s first FCA-regulated investment platform launched by an energy supplier. It allows people to invest directly in renewable energy projects', like wind turbines or solar farms, from £25. The first two projects’ available shares sold out within 6 days, showing strong appetite for a new way to take part in the clean energy transition.

For more information, check out our website.

About Octopus Energy Group

Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to almost 10 million households globally. Its operations span 32 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects.

Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 60 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and Origin Energy. Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.

For more information, check out our website.

About Ming Yang Smart Energy

Ming Yang Smart Energy is a global leader in renewable energy equipment and smart energy solutions. Founded in 1993 and headquartered in Zhongshan, China, the company is privately owned and listed on the Shanghai Stock Exchange (601615.SH) and the London Stock Exchange (MYSE). Today, more than 25,000 employees worldwide support our mission to accelerate the energy transition.

Ming Yang is one of the world’s largest wind turbine manufacturers, with a proven track record in onshore and offshore wind and an expanding portfolio across solar, hydrogen, storage, and integrated smart energy systems.

For more information, check out our website

Zoisa North-Bond, CEO of Octopus Energy Generation, in conversation with Angie (Chao) Zhang, Director, Vice President of Ming Yang Smart Energy, during her visit to Octopus Energy’s London headquarters.