iberdrola

Spanish utility giant Iberdrola has committed to invest between €2-3 billion (US$1.99-2.99 billion) in renewables in Australia.

Utility giant Iberdrola will commission 1.4GW of solar PV in Spain in the coming months, with 12 projects already in construction.

Iberdrola has commissioned the 590MW 'Francisco Pizarro' PV project in Extremadura Southwestern Spain, which is Europe’s largest solar plant.

Spanish utility Iberdrola has entered into an agreement for the acquisition of 98MW of solar and wind projects in Poland with Augusta Energy.

Iberdrola has recorded a profit of €2.07 billion in H1 2022 with strong performances in its international business offsetting adverse results in Spain.

The European Investment Bank and Iberdrola have signed a €550 million green loan to boost solar PV and wind projects in Spain.

Iberdrola has signed a power purchase agreement (PPA) to sell electricity from its 590MW solar plant in Spain to food and drink giant PepsiCo.

A Spanish court has ruled that Iberdrola must return part of the land on which its 500MWp Núñez de Balboa solar project has been constructed.

Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.

Spanish utility Iberdrola reported a €12 billion (US$13.6 billion) operating profit in 2021, which was 20% higher than 2020, and met its gross profit forecast for 2022 one year early, as its installed 3.5GW of renewables in 2021.