The company is currently executing 12 new PV projects totalling 550 MW and plans to start construction of another 873 MW this year. New developments have enabled Iberdrola to increase its installed photovoltaic capacity by 55% in the first half of the year. Iberdrola is consolidating its position as the leading promoter of photovoltaic solar […]
Iberdrola starts up ‘Francisco Pizarro’, the largest photovoltaic plant in Europe of 590 MW – EQ Mag Pro
The plant will produce enough clean energy to power more than 334,000 homes and prevent the emission of 150,000 tonnes of CO2 per year. With an installed capacity of 590 MW and an investment of 300 million euros, its construction has generated more than 1,500 jobs. This renewable installation is the Iberdrola group’s largest photovoltaic […]
Iberdrola signs a €550m green loan with the EIB to boost renewables in Spain – EQ Mag Pro
Specifically, almost 1,800 MW of wind farms and photovoltaic parks will be built in different locations, mostly in rural areas. The new facilities will supply clean energy equivalent to the annual consumption of about one million households. The project will have a significant impact in terms of its contribution to the EU’s security of energy […]
Iberdrola to develop 16 new renewable projects over 2.1 GW in the UK after guaranteeing profitability – EQ Mag Pro
The company secures financial viability for these onshore, offshore and solar wind facilities after securing Contracts for Difference with the UK Government. The initiatives, which include the East Anglia Three offshore wind farm, will almost double the company’s renewable installed capacity in the country, with more than 2,120 MW of combined capacity. The Iberdrola group […]
Spanish court orders Iberdrola to dismantle 60% of 500 MW operational PV plant; appeals coming – EQ Mag Pro
MADRID : A local Spanish court has ordered Iberdrola to hand back part of the land on which it built Europe’s largest photovoltaic power plant, potentially putting the brakes on one of its most prominent businesses. The superior court of the western region of Extremadura in Caceres ordered Iberdrola to give back 525 hectares (1300 […]
Iberdrola to invest €3 billion in green hydrogen to accelerate the European Green Deal – EQ Mag Pro
He has signed a Manifesto on Implementing the European Green Deal aimed at reducing net greenhouse gas emissions by at least 55% by 2030 The European Commission has drawn up a roadmap to achieve the objectives despite the new global context Ignacio Galán, Chairman of Iberdrola, announced at the World Economic Forum in Davos that […]
Iberdrola will contribute to making Volkswagen’s electric vehicle value chain sustainable – EQ Mag Pro
• 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 […]
EIB and ICO sign first joint financing for green hydrogen development with Iberdrola – EQ Mag Pro
The green financing from the EIB and ICO will help Iberdrola to build a large-scale green hydrogen production plant, one of the largest for industrial use in Europe. The Puertollano, Castilla-La Mancha (Spain) plant has a capacity of 20 MW and is powered by a 100 MW photovoltaic plant supported by a battery storage system. […]
Iberdrola, H2 Green Steel plan mega green hydrogen plant – EQ Mag Pro
MADRID : Global wind power group Iberdrola (IBE.MC) and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with drastically reduced carbon emissions. The European Union is pushing the development of a supply chain for “green” hydrogen […]
Iberdrola Shuns Renewables Auction, Blaming Uncertainty in Spain
Iberdrola SA skipped an auction for new wind and solar energy capacity in Spain in the latest show of unease by the country’s largest utilities at government attempts to contain energy costs. The company, one of the world’s biggest clean energy developers, didn’t take part in Tuesday’s sale process due to regulatory uncertainty that’s made […]
