Iberdrola News

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…

Iberdrola Looking to Spend $1.2 B on 'Industrial-scale' Floating Wind Farm

Feb 16, 2021

Energy group Iberdrola plans to spend more than 1 billion euros ($1.2 billion) on an industrial-scale floating wind power farm off the Spanish coast if it secures help from a fund that seeks to lift Europe out of a coronavirus recession.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…

Westwood: Total to Surpass Iberdrola and Ørsted on Renewable Power Capacity by 2030

Feb 15, 2021

French oil giant Total, which is working to transform itself into a wider energy industry company, will outpace green energy majors Iberdrola and Ørsted on renewable power capacity by 2030. This is according to analysis from energy intelligence group Westwood…

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…

US Vineyard Wind Project Clears Key Hurdle

Mar 08, 2021

The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts.The U.S. Bureau of…

FPSO Firm BW Offshore Buys Into Floating Wind Tech Company Ideol

Feb 17, 2021

BW Offshore, a company mainly known as the operator of FPSO vessels in the oil and gas industry, is creating what it calls 'a floating offshore wind champion targeting large-scale projects,' following an agreement signed Wednesday to buy into the floating offshore wind tech developer Ideol…

Green Energy Majors See Poland as 'Very Attractive' Offshore Market

Feb 12, 2021

Poland's biggest power producer PGE confirmed a deal on Wednesday to develop offshore wind farms with Denmark's Orsted in another sign the country reliant on coal is fast becoming a hot destination for renewable energy investors.Poland was the…

BOEM to Restart Permitting for Major US Offshore Wind Project

Feb 03, 2021

The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management…

Iberdrola Breezes Into Polish Offshore Wind Market. Buys Stake in Sea Wind

Dec 20, 2020

Iberdrola said on Friday it had bought a 50% stake in North and Baltic Sea wind farm company Sea Wind for an undisclosed sum to jointly develop a portfolio of offshore projects in Poland, a new market for the Spanish group.The two companies…

U.S. Offshore Wind Developer Asks Biden to Restart Permitting Process

Jan 26, 2021

Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Monday it has asked the Biden administration to restart its permitting process after former President Donald Trump's government abruptly canceled it last month…

Permitting for Big US Offshore Wind Farm to Resume 'Very, Very Soon' -Avangrid CEO

Jan 20, 2021

The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden's administration, after former President Donald Trump's government abruptly canceled its initial application last month…

Six Consortia Pre-Qualify for Danish Largest Offshore Wind Farm Tender

Jan 14, 2021

Six consortia have pre-qualified to take part in the tender for Denmark's largest offshore wind farm Thor, the Danish Energy Agency said Thursday.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027…

Current News

Oceaneering Signs On for Terradepth's Ocean Data Service

Oceaneering Signs On for Terra

US Oil and Gas Production Rebounds

US Oil and Gas Production Rebo

Macquarie Asset Management to Sell Stake in UK Offshore Wind Farm

Macquarie Asset Management to

SMD Invests £300K in Clean Energy

SMD Invests £300K in Clean Ene

Subscribe for OE Digital E‑News

Offshore Engineer Magazine