Energy company Avangrid, a US subsidiary of Spanish major Iberdrola, has partnered with solar tracker supplier Array Technologies with the intent to deploy more than US$30 million of its solar trackers.
Featuring nearly 1.5 million PV modules and with a generation capacity of 590MWp, the Francisco Pizarro plant in Spain came into operation in August 2022. George Heynes talks to developer Iberdrola about the challenges of constructing Europe’s largest solar farm.
Iberdrola increased its net profit by 12% to €4.34 billion (US$4.58 billion) in 2022, driven by strong performance in Brazil and the US, offsetting the impact of the energy crisis in the EU.
Spanish utility Iberdrola and Spanish solar PV manufacturer Exiom have partnered to build a module manufacturing facility in Spain with an initial annual capacity of 500MW.
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
Spanish utility Iberdrola has received environmental approval for the construction of Europe’s largest solar PV plant in Portugal, with a capacity of 1.2GW.
Spanish multinational electric utility company Iberdrola has partnered with Norges Bank Investment Management to invest in 1,265MW of new renewables capacity in Spain, with solar plants making up 80% of the portfolio.