The project will supply clean, renewable energy to power Meta’s operations in the region AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 321 MWdc (240 MWac) solar farm … Continue reading Iberdrola to support Meta’s operations in Texas with new 321 MW solar farm
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Galán assures Lula da Silva that Iberdrola will be Brazil’s faithful ally in its energy transition
The Chairman of Iberdrola, Ignacio Galán, today assured the President of Brazil, Luiz Inácio Lula da Silva, that Iberdrola will be a loyal ally in the country’s energy transition. This was expressed during their visit to the company’s first hybrid complex in Brazil. Located in the interior of Paraíba, in the northeast of the country, … Continue reading Galán assures Lula da Silva that Iberdrola will be Brazil’s faithful ally in its energy transition
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Iberdrola and Haizea Wind Group sign a €200 million contract for offshore wind power
Scottish Power, an Iberdrola group company, and Haizea Wind Group, a world leader in the manufacture of wind towers, have today signed a framework agreement worth over €200 million for Haizea Bilbao to supply 50 monopiles to the East Anglia Three offshore wind farm in the United Kingdom from its facilities in the Port of … Continue reading Iberdrola and Haizea Wind Group sign a €200 million contract for offshore wind power
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Iberdrola undertakes the Montechoro photovoltaic plant, in Portugal
Iberdrola has a portfolio of 1,960 MW wind power and solar energy projects in the country, in addition to the 1,158 MW of the Támega Hydroelectric Complex. Iberdrola continues to make progress in the development of its renewable projects in Portugal. The company has begun work on the installation of the Montechoro I and II … Continue reading Iberdrola undertakes the Montechoro photovoltaic plant, in Portugal
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Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
The companies plan a joint investment of €1 billion in 11,700 fast charging points, expanding the infrastructure necessary for the development of electric mobility in Spain and Portugal. Iberdrola and bp today signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture … Continue reading Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
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Iberdrola completes the installation of the maritime substation of the Baltic Eagle wind power plant
Baltic Eagle´s offshore substation topside (OSS) has been successfully installed. The operation was executed by Heerema Marine Contractors using the Thialf installation vessel. The jacket foundation had been placed on site in October 2022. The role of the OSS is to collect the electricity generated by the wind turbines and transform the supply voltage before … Continue reading Iberdrola completes the installation of the maritime substation of the Baltic Eagle wind power plant
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Record investments of €10.73 bn enable Iberdrola to achieve a net profit of €4.3 bn
Financial Highlights Business Model Resilience in the challenging macro context Operational Highlights ESG Performance 2023 outlook Iberdrola continues to take firm steps in its commitment to accelerate the energy transition and reduce dependence on fossil fuels. The company made historic investments of €10.73 billion, 13% more than in the same period last year, despite inflationary … Continue reading Record investments of €10.73 bn enable Iberdrola to achieve a net profit of €4.3 bn
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Iberdrola joins the Asturian Exiom to lead the manufacture of photovoltaic solar panels in Spain
Iberdrola and the Asturian business group Exiom have created an alliance to lead the manufacture of photovoltaic solar panels in Spain. Thus, both companies will locate in the Asturian municipality of Langreo the first large photovoltaic construction plant in the country and one of the first on an industrial scale in Europe. The solar panel … Continue reading Iberdrola joins the Asturian Exiom to lead the manufacture of photovoltaic solar panels in Spain
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Iberdrola signs a loan of 150 million euros with the EIB for solar and wind energy in Italy
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Italy’s energy transition by developing new renewable energy plants. The EU Bank has granted a €150 million green loan for the construction of a portfolio of wind and photovoltaic (PV) projects with a total capacity of around 400 megawatts (MW). These … Continue reading Iberdrola signs a loan of 150 million euros with the EIB for solar and wind energy in Italy
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Iberdrola already reaches 40,000 MW of solar and wind energy
The biggest growth has been in photovoltaic, with more than 1,200 MW, followed by onshore wind,power which for the first time exceeds 20,000 MW. Iberdrola continues to make progress in its commitment to reduce dependence on fossil fuels and accelerate the deployment of renewable energy around the world. The company has closed 2022 with almost … Continue reading Iberdrola already reaches 40,000 MW of solar and wind energy
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The Renewable Hydrogen Coalition, meets with Frans Timmermans to boost EU leadership in green hydrogen
Simplicity, scale and speed. These were the key messages at the meeting held by the Renewable Hydrogen Coalition, chaired by Ignacio Galán since its creation, with the Vice-President of the European Commission in charge of the European Green Deal, Frans Timmermans, to analyse how to make the European Union a more attractive area for investment … Continue reading The Renewable Hydrogen Coalition, meets with Frans Timmermans to boost EU leadership in green hydrogen
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Together with SODECO, Iberdrola seeks innovation projects that promote the energy transition in Asturias
Iberdrola, a key company in promoting a just energy transition that fosters industrialisation and employment, and SODECO, Society for the Development of the Mining Regions of Asturias, have signed an alliance to promote a green promotion plan in the region. The company chaired by Ignacio Galán is doing so hand in hand with the electricity … Continue reading Together with SODECO, Iberdrola seeks innovation projects that promote the energy transition in Asturias
Continue readingIberdrola builds the largest photovoltaic project in Europe in Portugal
The 1,200-MW Fernando Pessoa solar project is located in Santiago do Cacém, near Sines and its construction will generate up to 2,500 jobs. When it comes on stream in 2025, the Fernando Pessoa plant, named after the Portuguese poet, will be able to supply enough clean, low cost, locally generated green energy to cover the … Continue reading Iberdrola builds the largest photovoltaic project in Europe in Portugal
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Iberdrola exceeds 7,500 direct jobs and 70,000 indirect jobs in the US.
The company is making investments in renewables and grids that will reach $21.5 billion by 2025, including the construction of Vineyard Wind 1 and the integration of PNM Resources. Regulatory stability and the commitment of the different administrations to decarbonisation have helped Iberdrola, Europe’s leading electricity company and one of the four largest in the … Continue reading Iberdrola exceeds 7,500 direct jobs and 70,000 indirect jobs in the US.
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Iberdrola is awarded four agrovoltaic innovation projects in France
Iberdrola has been awarded four agrovoltaic projects with a total capacity of 12 megawatts (MW) in the renewable energy innovation tenders launched by the French Ministry of Energy Transition. As a prerequisite and priority, the projects focus on innovation criteria, care for the environment and improvement of agriculture and livestock farming on the land on … Continue reading Iberdrola is awarded four agrovoltaic innovation projects in France
Continue readingEnergyLOOP will install its innovative wind turbine blade recycling plant in Spain
EnergyLOOP, a company promoted by Iberdrola, through its PERSEO programme, and FCC Ámbito, a subsidiary of FCC Servicios Medio Ambiente, will build its innovative wind turbine blade recycling plant in Spain in the municipality of Cortes, Navarre. La Ribera Navarra will thus be the place chosen to lead the recycling of wind farm components, one … Continue reading EnergyLOOP will install its innovative wind turbine blade recycling plant in Spain
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Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain
Iberdrola has signed an alliance with Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, to invest in 1,265 MW of new renewables capacity in Spain. Of the total capacity, 20% will come from wind and 80% from solar PV. Iberdrola will have a majority stake of 51% in the assets. Both companies are … Continue reading Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain
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Iberdrola launches ‘Electric, together’
Europe`s largest electricity company, Iberdrola, has today (16h January) launched a new report titled ‘Electric, Together’. The five-point manifesto is a call to action for global policymakers, companies in the energy and industrial sectors and other stakeholders on the steps that need to be taken in 2023 to break the cycle of crises driven by … Continue reading Iberdrola launches ‘Electric, together’
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Iberdrola commissions the Korytnica II wind farm
This facility brings Iberdrola’s onshore wind power capacity in Poland, one of the group’s growth markets, to 163 MW. Iberdrola has begun commissioning of Polish wind farm Korytnica II, located 80 km from Warsaw in the province of W?grów, Mazowieckie region. The wind farm comprises 14 Vestas V126 wind turbines, with a hub height of … Continue reading Iberdrola commissions the Korytnica II wind farm
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Iberdrola will install its first floating photovoltaic solar plant in Brazil
The Iberdrola group plans to install in Brazil, through its subsidiary Neoenergia, the company’s first floating photovoltaic plant in the world. The project will be built on the water surface of the Xaréu dam on the island of Fernando de Noronha, recognised by UNESCO as a World Natural Heritage Site, where Iberdrola is developing various … Continue reading Iberdrola will install its first floating photovoltaic solar plant in Brazil
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