Dice the onion and peel and dice the squash. Warm the oil over a medium heat and add the onion. Cook for a minute, stirring occasionally, to soften the onion.
Add the squash to the pan, stir then cover and let it sweat a minute, reducing the heat if you need to so the vegetables don't stick or burn.
After a minute or two, add the stock, bring to a simmer then cover and simmer for 5 minutes or more, depending on the size of the pieces of squash, until squash is tender to a knifepoint.
Blend the soup until smooth, add the coconut milk and Thai red curry paste then serve, either as it is or over some thin cooked noodles.
Notes
Squash weight is peeled weight.
I suggest somen noodles as they are light and quick to cook but any other thin noodle will work well - weight is before cooking.