Financial Highlights Delivery of business plan, ahead of schedule Operational highlights 2023 outlook Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola: “This has been a good start to the year for Iberdrola, reinforcing the strength of our business model as a global leader in the energy transition”. “We are now seeing faster progress … Continue reading Iberdrola invests 10,400 million euros and has a net profit of 1,485 million
Continue readingTag Archives: Iberdrola
Iberdrola successfully installs the first foundation of the “Baltic Eagle” offshore wind farm
All 50 monopiles are manufactured by the Rostock-based company EEW. Iberdrola has successfully placed the first foundation for the Baltic Eagle offshore wind farm into the seabed during the past weekend. Following the impressive installation of the offshore substation platform (OSS) in February 2023, the company is now entering the core stage of the Baltic … Continue reading Iberdrola successfully installs the first foundation of the “Baltic Eagle” offshore wind farm
Continue readingIberdrola will supply offshore wind energy to the Salzgitter Group in Germany
Long-term power purchase agreement (PPA) for Iberdrola’s Baltic Eagle offshore wind farm. True to its “Partnering for Transformation” strategic mission, the Salzgitter Group is working closely with customers and partners to achieve its climate targets, as evidenced by the collaboration with Spanish energy producer Iberdrola. Salzgitter Flachstahl GmbH and Iberdrola Deutschland have now signed a … Continue reading Iberdrola will supply offshore wind energy to the Salzgitter Group in Germany
Continue readingIberdrola builds the first hybrid wind and solar plant in Spain
Iberdrola reinforces its innovative and renewable leadership in Spain and will build Spain’s first hybrid wind and solar plant in Castilla y León, in the province of Burgos. The company continues with the construction of two photovoltaic plants of 41 and 33 megawatts (MW), which will total more than 170,000 photovoltaic modules and will be … Continue reading Iberdrola builds the first hybrid wind and solar plant in Spain
Continue readingIberdrola increases renewable energy production by 11% in the first quarter
Iberdrola’s investments in renewables have increased the group’s energy production and installed capacity in the first quarter of the year. The data sent today to the CNMV shows an increase of 11 % in the group’s global renewable energy production, reaching 24,137 gigawatt hours (GWh) in the first quarter of the year. The company exceeded … Continue reading Iberdrola increases renewable energy production by 11% in the first quarter
Continue readingIberdrola develops battery recycling in Spain, together with FCC and Glencore, as a commitment to the circular economy
FCC Ámbito, a subsidiary of FCC Servicios Medio Ambiente, and Iberdrola, through its PERSEO Venture Builder programme, will collaborate with Glencore to tackle one of the biggest medium- and long-term challenges in the energy sector and will seek to provide industrial-scale lithium-ion battery recycling solutions on the Iberian Peninsula through the development of a specialised … Continue reading Iberdrola develops battery recycling in Spain, together with FCC and Glencore, as a commitment to the circular economy
Continue readingIberdrola presents the Accelerated Climate Transition Plan to the United Nations
Iberdrola has presented its Climate Transition Plan to the United Nations to achieve zero net emissions by 2040 in response to the call of the UN Secretary General, following a realistic, ambitious and responsible line. The specific objective is based on achieving carbon neutrality of generation plants, its electricity distribution activity and its own consumption … Continue reading Iberdrola presents the Accelerated Climate Transition Plan to the United Nations
Continue readingIberdrola presents to Europe its project to manufacture photovoltaic panels in Spain
Iberdrola has submitted a photovoltaic panel manufacturing project to the third call of the Innovation Fund, the European Commission’s grant programme for the demonstration of innovative technologies to reduce emissions. The manufacturing plant will have a production capacity of 1.6 GW per year, equivalent to 3 million panels, and could cover a third of the current … Continue reading Iberdrola presents to Europe its project to manufacture photovoltaic panels in Spain
Continue readingGalán and AMLO meet and announce their commitment to the development of renewable energies in Mexico
The Chairman of Iberdrola, Ignacio Galán, and the President of the Mexican Government, Andrés Manuel López Obrador, met this morning and announced the start of a new phase following the signing of an agreement of intent between subsidiaries of Iberdrola México and México Infrastructure Partners (“MIP”), announced today. Both presidents are committed to advancing the … Continue reading Galán and AMLO meet and announce their commitment to the development of renewable energies in Mexico
Continue readingIngeteam signs its first contract for a photovoltaic plant with Avangrid, a subsidiary of Iberdrola in the USA
Ingeteam has signed its first contract with AVANGRID, a subsidiary of Iberdrola in the USA, for the supply of power electronics technology for a photovoltaic plant. The Powell Creek project is located in the county of Putnam, Ohio. With an area of 546 hectares and an output of 183 MVA, the new plant is expected … Continue reading Ingeteam signs its first contract for a photovoltaic plant with Avangrid, a subsidiary of Iberdrola in the USA
Continue readingIberdrola and MAPFRE reach 450 MW of wind and solar power in Spain
Iberdrola and MAPFRE are strengthening their strategic alliance in the energy sector in Spain. Both companies have added 150 new photovoltaic megawatts (MW) to the company created two years ago, bringing the total to 445 MW: 295 MW wind and 150 MW photovoltaic, through Energías Renovables Ibermap. This pioneering co-investment vehicle envisages the incorporation of … Continue reading Iberdrola and MAPFRE reach 450 MW of wind and solar power in Spain
Continue readingIberdrola and Amazon promote offshore wind energy in Germany
Iberdrola, one of the world’s largest clean energy companies, and Amazon have announced a new global collaboration to support the development of large-scale renewable energy projects and leverage cloud computing technology to enhance digitalisation in the energy transition. Iberdrola and Amazon.com Inc. have agreed to collaborate on new wind and solar capacity by signing power … Continue reading Iberdrola and Amazon promote offshore wind energy in Germany
Continue readingIberdrola confirms its commitment to offshore wind energy in the United Kingdom after the award of 1,500 million euros
The project formalized with Siemens Gamesa, which involves the construction of 95 wind turbines, will supply wind energy to 1.3 million homes per yearOff the coast of Norfolk, East Anglia Three will create the second largest wind farm in the world and during its construction there will be more than 2,300 jobs. ScottishPower, one of … Continue reading Iberdrola confirms its commitment to offshore wind energy in the United Kingdom after the award of 1,500 million euros
Continue readingSiemens Gamesa will supply its most powerful wind turbines for the second largest offshore wind farm in the world
Siemens Gamesa today announces the signing of a firm order with ScottishPower Renewables to supply 95 units of its flagship SG 14-236 DD wind turbine to the East Anglia 3 wind power project in the North Sea, off England’s east coast, with a total capacity of 1.4 GW. Also included is a service contract, initially … Continue reading Siemens Gamesa will supply its most powerful wind turbines for the second largest offshore wind farm in the world
Continue readingIberdrola contributes more than 20 million euros a day to public coffers
In line with its commitment to society and to the countries in which Iberdrola operates, the company contributes more than €20 million per day to public administrations, according to the Fiscal Transparency report published today. The positive impact of Iberdrola’s activity on society is reflected, in addition to its commitment to a sustainable model that … Continue reading Iberdrola contributes more than 20 million euros a day to public coffers
Continue readingIberdrola to support Meta’s operations in Texas with new 321 MW solar farm
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
Continue readingGalán 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
Continue readingIberdrola 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
Continue readingIberdrola 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
Continue readingIberdrola 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
Continue reading