iberdrola

Some 2GW of solar and wind will be added in the Extremadura region alone, says utility giant as construction begins for 391MW Nuñez de Balboa plant.

Iberdrola has signed a power purchase agreement with Basque Country-based telecoms provider Euskaltel to supply electricity produced from a 391MW solar project, in what is said to be the first PPA signed between a power company and a telecoms operator in Spain.

Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.

Spanish energy provider Iberdrola announced that it has commenced construction on a 100MW solar project in the Mexican state of Sonora.