"Iberdrola" News

Iberdrola: Renewables and Grids Support Earnings and Outlook

May 12, 2021

Europe's biggest wind power group Iberdrola reaffirmed its growth outlook for the full year on Wednesday after reporting rising quarterly earnings supported by rapid building of renewable energy plants and investments in networks.Buoyed by a…

Biden Administration Proposes Offshore Wind Lease Sale near NY, NJ

Jun 14, 2021

The Biden administration on Friday said it was seeking buyers for offshore wind energy leases in the shallow waters between Long Island and New Jersey as part of its effort to ramp up the share of offshore wind generation over the next decade…

Winds of Change: How Enel and Iberdrola Powered Up for the Energy Transition

Apr 06, 2021

Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.Thanks to early decisions to buy power grids and build renewable plants…

Ørsted to Invest $57B by 2027 to Become Global Leader in Green Energy

Jun 02, 2021

Ørsted, the world's largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition.The Danish firm, which sold its oil and gas business in 2017…

Danish Energy Agency Approves Thor Wind Farm Plan

May 31, 2021

The Danish Energy Agency has approved the plan for the development of the Thor offshore wind farm, at a site west of Thorsminde.Also, as a result of the site evaluations, the Danish Energy Agency has reduced the size of the wind farm site from 440 km2 to 286 km2…

Headwinds: Offshore Wind will Take Years to Carry Factory Jobs to U.S.

May 27, 2021

When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…

Iberdrola Enters 600MW Seihoku-oki Offshore Wind Project in Japan

Mar 17, 2021

Spanish renewable energy giant Iberdrola has added another offshore wind project to its Japanese portfolio as it has agreed with Cosmo Eco Power and Hitz to jointly develop the 600MW Seihoku-oki wind project in Aomori prefecture, in the northwest of the country…

VIDEO: Saint Brieuc Offshore Substation Topside Moves Out at Engie Solutions' Yard

May 19, 2021

The giant offshore substation topside being built for the Saint Brieuc offshore wind farm in France was recently moved out at Engie Solutions yard in Hoboken, Antwerp, Belgium, and Engie Solutions was kind enough to share the photos and the video of the operation with Offshore Engineer…

Van Oord Starts Installing Saint-Brieuc Offshore Wind Farm Foundations

May 03, 2021

Dutch offshore installation services company Van Oord has started the installation of the first of 62 jacket foundations for Iberdrola's Saint-Brieuc offshore wind farm project in France, using its upgraded Aeolus vessel.The wind farm is located 16…

Vattenfall Shortlisted for 1 GW French Offshore Wind Tender

Apr 27, 2021

France has shortlisted Swedish utility Vattenfall and its two partners to bid in a tender to develop an offshore wind farm with a capacity of about 1 gigawatt (GW) off Normandy, the company said on Tuesday.Vattenfall and its partners - German…

Spain's Iberdrola to Spend $182B by 2030 to Triple Renewable Capacity

Feb 25, 2021

Europe's biggest wind power generator Iberdrola on Wednesday pledged to spend 150 billion euros ($182.39 billion) by 2030 to triple its renewable capacity and double its network assets.Years of investment in low-emission generation and power…

Scotland: Offshore Wind, Green Hydrogen to Power Whisky Production

Mar 08, 2021

Spanish renewable energy giant Iberdrola, through its subsidiary ScottishPower, has teamed up with some of the UK's main distilleries and spirits companies and the Port of Cromarty Firth to launch a green hydrogen project in the Highlands.The…

Offshore Galore! Wind Farms Go on the Block as Valuations Spike

Mar 25, 2021

European utilities are offering a slew of offshore wind farms, eager to cash in on high valuations as investors hungry for stable returns increasingly flock to the sector, people close to the matter said.Demand for such assets has surged as…

U.S. Sets 30 GW Offshore Wind Target

Mar 29, 2021

The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The…

Iberdrola Buys Offshore Wind Farm Project Portfolio in Ireland

Feb 05, 2021

Spain's largest power company Iberdrola said on Friday it agreed to buy a majority stake in a portfolio of offshore wind farm projects currently developed by Irish renewable energy company DP Energy.Iberdrola did not disclose how much it paid…

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