Ignacio Galán today chaired the Board of Directors of Iberdrola USA (Avangrid) in Boston (USA), where, among other matters, the investment plan presented by the company’s distributors in New York to the state regulator was analysed. This framework will accelerate the investments needed to continue to improve service and drive a grid that is more … Continue reading Iberdrola plans to invest 6,000 million dollars in the State of New York (USA)
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Iberdrola maintains its commitment to renewables with 500 new green MW under construction
The company will invest more than 350 million euros in the development of ten photovoltaic and wind power projects in three autonomous communities The new plants will be able to supply 257,000 households with clean energy and will prevent the emission of more than 117,000 tonnes of CO2 per year into the atmosphere Iberdrola maintains … Continue reading Iberdrola maintains its commitment to renewables with 500 new green MW under construction
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Iberdrola to invest €3 billion in green hydrogen to accelerate the European Green Deal
Ignacio Galán, Chairman of Iberdrola, announced at the World Economic Forum in Davos that the company will invest €3 billion in green hydrogen to accelerate the ‘European Green Deal’. Galán pointed out that green hydrogen is now a major European challenge, an opportunity and that a stable European framework must be designed to boost investment … Continue reading Iberdrola to invest €3 billion in green hydrogen to accelerate the European Green Deal
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Iberdrola begins construction of the Korytnica II wind farm in Poland
The company has a portfolio of offshore renewable projects of up to 7,300 MW in the country. Iberdrola is making progress in the development of its renewable projects in Poland with the start of construction of the 50.5 MW Korytnica II wind farm. This facility will be located in the Mazowieckie region, northeast of Warsaw … Continue reading Iberdrola begins construction of the Korytnica II wind farm in Poland
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Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
This project, called GreeNH3, will be supported by the UK Government through the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 programme. The initiative will test whether it is possible to use this new technology on a large scale to reduce the costs of green hydrogen production. Iberdrola, through its subsidiary ScottishPower External link, … Continue reading Iberdrola to test the world’s first ultra-efficient high-pressure electrolyser in the UK
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Iberdrola and Qatar sign agreement to strengthen their strategic alliance in innovation
They will address technological challenges related to innovation and digitalisation in smart grids, renewable energy integration and energy efficiency. Iberdrola and the Qatar Investment Promotion Agency (IPA Qatar) are joining forces to promote the energy company’s leading innovation centre, with the aim of advancing the digitalisation of Qatar’s electricity sector. The agreement will enable the … Continue reading Iberdrola and Qatar sign agreement to strengthen their strategic alliance in innovation
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The King inaugurates Iberdrola’s green hydrogen plant in Puertollano
The project will have zero CO emissions2 thanks to the use of renewable energy from an innovative photovoltaic plant integrated into the installation The plant, which will be able to produce up to 3,000 tonnes of renewable hydrogen per year, will supply clean hydrogen to the Fertiberia Group’s factory in the town, thereby reducing the … Continue reading The King inaugurates Iberdrola’s green hydrogen plant in Puertollano
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Iberdrola sends a new shipment of generators, tools and electrical material to Ukraine
Iberdrola is helping Ukraine. The company has delivered electrical material to the country invaded by Russia that it had requested through European organisations. Basically, these are generators and electrical components valued at 53,000 euros. In mid-March, Iberdrola set out to meet the request for electrical components made by Ukraine through Eurolectric and Aelec, the European … Continue reading Iberdrola sends a new shipment of generators, tools and electrical material to Ukraine
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Iberdrola builds 1,800 new MW of renewable energy in the US
The company, the country’s leading offshore company, continues to make progress in the construction of Vineyard Wind 1. The group’s CO2 emissions in the United States are 6.5 times lower than the average for utilities. Iberdrola continues to make progress in its commitment to the development of renewable energies in the United States. At the … Continue reading Iberdrola builds 1,800 new MW of renewable energy in the US
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Iberdrola will contribute to making Volkswagen’s electric vehicle value chain sustainable
Ignacio Galán: “The agreement we have signed with Volkswagen will mean some 500 million euros in investments in renewable facilities to supply them with green energy”. Iberdrola and Volkswagen have presented in Sagunt (Valencia) a strategic collaboration agreement that will contribute to making the entire electric vehicle value chain sustainable in the automaker’s future gigafactory. … Continue reading Iberdrola will contribute to making Volkswagen’s electric vehicle value chain sustainable
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The electric vehicle value chain in Spain will be sustainable thanks to Iberdrola
• “This project is a magnificent example of the work we are doing at Iberdrola to ensure that sustainability accompanies the entire life cycle of the vehicle, not only in its use, but also in its manufacture”, says Raquel Blanco, director of Smart Mobility at Iberdrola. • “We help to decarbonise the manufacturing processes of … Continue reading The electric vehicle value chain in Spain will be sustainable thanks to Iberdrola
Continue readingIberdrola signs its largest green loan in the amount of €1 billion
The funds will mainly finance the purchase of wind turbines for both onshore and offshore wind farms for Iberdrola’s projects in Spain, Poland, Greece, Germany and the UK. Iberdrola is once again taking a decisive step towards green financing. The company chaired by Ignacio Galán has signed its largest green loan with Banco Santander for … Continue reading Iberdrola signs its largest green loan in the amount of €1 billion
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Iberdrola posts €1.05 billion net income in Q1, up 3%
Iberdrola Spain’s net income fell by 29%. In comparison, Avangrid posted a 33% increase and Neoenergia increased by 20%. Spain’s contribution represents less than a third of the company’s total earnings, due to high energy prices which have not been passed on to customers with previously agreed fixed prices. Growth driven by investment in renewables … Continue reading Iberdrola posts €1.05 billion net income in Q1, up 3%
Continue readingIberdrola starts construction of 476 MW Baltic Eagle offshore wind farm
Baltic Eagle is part of the largest offshore wind complex in the Baltic Sea, with a total capacity of more than 1,100 MW and an investment of 3.5 billion euros. Iberdrola has received the green light to begin construction of the Baltic Eagle offshore wind farm, the company’s second major offshore project in the Baltic … Continue reading Iberdrola starts construction of 476 MW Baltic Eagle offshore wind farm
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Iberdrola announces the purchase of Wallbox’s first superfast chargers
Iberdrola reaffirms its commitment to promoting innovation in sustainable mobility by becoming the first company to acquire the ‘Hypernova’ super-fast public chargers developed by Wallbox, the European leader in charging solutions for electric vehicles. The electricity company will acquire the first units as part of an agreement for the purchase of 10,000 chargers. The Chairman … Continue reading Iberdrola announces the purchase of Wallbox’s first superfast chargers
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Iberdrola acquires world’s largest onshore wind farm with 1,000 MW in Australia
Iberdrola takes another step forward in its commitment to renewables. The company has acquired the rights to its largest wind farm in the world, with 1,000 MW. The Mount James wind farm is located in North Queensland, Australia, some 80 kilometres north of Hughenden. The agreement marks an important step in Iberdrola’s commitment to Queensland. … Continue reading Iberdrola acquires world’s largest onshore wind farm with 1,000 MW in Australia
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Iberdrola’s Hub in Bilbao consolidates its position as the world centre for innovation in smart grids
Iberdrola invested more than 337 million euros in R&D&I in 2021, 15% more than the previous year, and part of the resources were allocated to projects related to smart grids. Six months after its inauguration, Iberdrola’s Global Smart Grids Innovation Hub (GSGIH) in Bilbao is consolidating its position as the world centre for innovation in … Continue reading Iberdrola’s Hub in Bilbao consolidates its position as the world centre for innovation in smart grids
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Iberdrola begins construction of the Askio III wind farm
Iberdrola advances in the development of its renewable projects in Greece with the start of construction of the 50.4 MW Askio III wind farm. This facility will be located next to the Askio mountain, near the city of Kozani (in the region of Western Macedonia). During its construction, the project will generate an average of … Continue reading Iberdrola begins construction of the Askio III wind farm
Continue readingIberdrola starts a wind farm in Greece
Iberdrola has laid the first stone of what will be the Askio III wind farm located in Greece. The company has detailed that this new installation, whose completion is scheduled for next fall, will have 50.4 megawatts (MW) and will be able to supply electricity to more than 54,000 homes. This wind farm will have … Continue reading Iberdrola starts a wind farm in Greece
Continue readingIberdrola moves forward with its renewable strategy
Wind power – both onshore and offshore – is close to 21,000 MW, after commissioning 900 MW more in the last 12 months. The Iberdrola group takes another step forward in the energy transition. The company has increased its renewable capacity by 9.1% in the last 12 months, currently standing at 38,305 ‘green’ MW. The … Continue reading Iberdrola moves forward with its renewable strategy
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