Iberdrola News

TotalEnergies, Iberdrola and Norsk Havvind Team Up for Offshore Wind Projects in Norway

Nov 03, 2021

TotalEnergies, Iberdrola and Norsk Havvind have teamed up to respond to the Norwegian authorities' call for tenders for the development of floating and bottom-fixed wind projects for a cumulated capacity of 4.5 GW at two offshore sites in southern Norway…

Iberdrola's Net Profit Falls 10% on High Energy Costs, Taxes

Oct 27, 2021

Global wind power leader Iberdrola reported a 10% fall in net profit on Wednesday but beat market expectations for a turbulent nine months on energy markets which saw its home government in Spain swoop on utilities' earnings.Power and gas prices…

Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

Dec 08, 2021

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like…

Iberdrola to Splash $8.24B on Giant Offshore Wind Farm Project in North Sea

Oct 19, 2021

Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday.Iberdrola said in a statement it would foot the bill for the East Anglia Hub site…

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Nov 26, 2021

Denmark will hold a lottery on Dec. 1 to pick the winner of a contest to build the 1 gigawatt Thor offshore wind farm, which will be the country's largest, after several bids were made at a minimum subsidy price close to zero, it said on Thursday…

RWE to Invest $57B Through 2030 to Double Green Energy Capacity

Nov 15, 2021

RWE plans to invest 50 billion euros ($57 billion) through 2030 to double its green energy capacity to 50 gigawatts (GW), as Germany's largest power producer outlined its plan to become a global renewables heavyweight.However, Markus Krebber…

Iberdrola CEO Becomes Chairman of Renewable Hydrogen Coalition

Sep 29, 2021

Ignacio Galán, CEO of Spanish offshore wind giant Iberdrola, has been named as chairman of the Renewable Hydrogen Coalition, which promotes the role of renewable hydrogen to deliver the EU’s long-term decarbonization goals.Sunfire founder and…

GE Energy Spinoff Aims to Capture Interest in Renewables

Nov 10, 2021

General Electric Co's plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said.Earlier on Tuesday,…

Iberdrola Buys CIP Out of Two U.S. Offshore Wind Farms

Sep 22, 2021

Iberdrola has taken full control of two wind projects it has been developing off the U.S. coast with Copenhagen Infrastructure Partners (CIP), as part of a global ramp-up of its offshore business.The European wind power leader's U.S. unit Avangrid will pay $167…

Aker Offshore Wind, Ocean Winds, Statkraft Eye Floating Wind Farms Off Norway

Nov 05, 2021

Aker Offshore Wind, Ocean Winds, and Statkraft have agreed to jointly bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area offshore Norway.The equal partnership will submit an…

UK Rolls Out Green Energy Carpet for Global Investors

Oct 19, 2021

Britain said it had attracted nearly 10 billion pounds ($13.72 billion) from global investors to fund its green regeneration agenda, as it hosted an investment summit involving 200 of the world's top financiers and executives.The summit marks post-Brexit Britain's biggest push to woo investors…

Avangrid Names Co-CEOs of Renewables Business

Oct 13, 2021

Avangrid, a U.S. subsidiary of the Spanish renewables giant Iberdrola, has appointed Bill White and Jose Antonio Miranda as Co-Presidents & CEOs of Avangrid Renewables. White will serve as Offshore President & CEO and Miranda will serve as Onshore President & CEO effective immediately…

TotalEnergies, Partners Bid to Build 2GW Offshore Wind Farm West of Orkney

Sep 29, 2021

TotalEnergies, a French oil major working to increase its involvement in the renewable energy industry, has with Macquarie’s Green Investment Group and Scottish developer RIDG, announced their bid for an offshore wind project in an area west of the Orkney Islands…

BP Gambles Big on Fast Transition from Oil to Renewables

Sep 20, 2021

Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…

Harland & Wolff, Navantia, and Windar Target Joint Offshore Wind Work in UK

Sep 15, 2021

InfraStrata, a UK-based company that will soon be renamed Harland & Wolff, has signed a Memorandum of Understanding (MoU) with Spanish companies Navantia and Windar to target specific fixed and floating wind projects primarily within the UK…

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