Search

Iberdrola SA has launched a 56-MWp solar park in Mecklenburg-Western Pomerania, Germany, to supply green power to Vodafone's local unit. The Boldekow plant, Iberdrola's first solar project in Germany, was developed by SolarPro Holding and features 80,000 bifacial modules. It is expected to generate 50 GWh of electricity annually, offsetting 20,000 tonnes of CO2 emissions.Vodafone committed to purchasing the plant's entire output under a power purchase agreement (PPA) signed in 2023. This agreement is part of Vodafone's broader initiative to procure 410 GWh of solar power across Germany, Portugal, and Spain. How will Iberdrola's Boldekow solar park impact Vodafone's renewable energy goals in Germany? The Boldekow solar park will significantly contribute to Vodafone's renewable energy goals by providing a substantial portion of the 410 GWh of solar power the company aims to procure across Germany, Portugal, and Spain. By securing the entire output of the Boldekow plant, Vodafone will receive 50 GWh of clean energy annually, which will help reduce its carbon footprint and support its sustainability targets. The power purchase agreement (PPA) with Iberdrola ensures a stable and predictable supply of renewable energy, aiding Vodafone in achieving its goal of 100% renewable energy usage in its operations. The reduction of 20,000 tonnes of CO2 emissions annually from the Boldekow plant aligns with Vodafone's commitment to reducing its environmental impact and contributing to global climate change mitigation efforts. The partnership with Iberdrola through the Boldekow project exemplifies Vodafone's strategy to collaborate with leading renewable energy providers to enhance its green energy portfolio. The successful implementation of the Boldekow solar park may encourage Vodafone to pursue additional renewable energy projects in Germany and other regions, further advancing its sustainability agenda.

Iberdrola SA is considering selling a 50% stake in a portfolio of US renewable-energy assets for up to $1.8 billion, with Bank of America Corp. assisting in the sale process. The portfolio includes 400 megawatts in solar plants and 300 megawatts in onshore wind, all with power purchase agreements signed with large technology companies. The sale is expected to be formally launched in July, with the goal of completing it by the end of the year.This potential stake sale is part of Iberdrola's broader review of its strategy in the US, following the cancellation of a bid to acquire PNM Resources Inc. The company had previously considered selling half of Avangrid's renewable platform, but that plan has now been abandoned. Abu Dhabi clean-energy operator Masdar had also explored the possibility of investing in Iberdrola's US renewable assets earlier this year. Is Iberdrola SA selling US renewable-energy assets to Bank of America Corp.? Iberdrola SA is considering selling a 50% stake in a portfolio of US renewable-energy assets for up to $1.8 billion Bank of America Corp. is assisting in the sale process The portfolio includes 400 megawatts in solar plants and 300 megawatts in onshore wind All assets have power purchase agreements signed with large technology companies The sale is expected to be formally launched in July, with the goal of completing it by the end of the year This potential stake sale is part of Iberdrola's broader review of its strategy in the US The company had previously considered selling half of Avangrid's renewable platform, but that plan has now been abandoned Abu Dhabi clean-energy operator Masdar had also explored the possibility of investing in Iberdrola's US renewable assets earlier this year.

via a new utility-scale solar plant, set to be developed by energy giant Iberdrola. The Dutch brewer has signed a power purchase agreement (PPA) to

right of residential property", the court in the Extremadura region purchased Iberdrola to return 525 hectares under the project to its previous

will certainly move a financial investment of EUR 200 million (USD 215.6 m). Iberdrola stated it would need to use over 826,000 solar modules and also employ

electric energy Iberdrola has signed its largest green funding with Banco Santander for an amount of EUR1 billion, which in turn is backed by an Export Credit

20 solar and wind projects in Spain with a complete capacity higher than 2GW. Iberdrola has actually signed a green power lending worth EUR600 million with the EIB,

Iberdrola Australia and hydrogen designer ABEL Energy have integrated to develop a green hydrogen as well as green methanol manufacturing plant at Bell Bay, Tasmania. The project-- Bell Bay Powerfuels-- is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola stated that Bell Bay Powerfuels will certainly produce 200,000 tonnes of green methanol each year in the initial phase, rising to 300,000 tonnes in second, making it among the biggest such projects worldwide. The green methanol will certainly be used to supply the maritime market in addition to for other applications, mentioned the official statement by Iberdrola. From 2021, the world's leading delivery business are selecting large ships developed to operate on ultra-clean-burning green methanol. The business believes that this choice has major advantages, such as getting rid of air pollution in ports, avoiding ecological disasters because of oil spills in marine environments, and minimizing greenhouse gas emissions presently produced by the use of nonrenewable fuel sources. The construction of the future plant, which incorporates financial investment in renewable generation with investment in green hydrogen capacity, is qualified by a joint method to producing lasting value for the Tasmanian community, and also will rely upon the most effective innovation on the planet while producing 500 jobs. Of these, 200 straight and indirect jobs will be in your area recruited. Ross Rolfe, Chief Executive Officer and Managing Director, Iberdrola Australia, said, "Iberdrola Australia's financial investment in the Bell Bay Powerfuels Project demonstrates our commitment to assisting Australian businesses lower their carbon emissions in fields where historically, both practically and also economically, it has been harder to make this change. We are delighted to be able to incorporate Iberdrola's worldwide knowledge in green hydrogen technologies with ABEL Energy's regional knowledge and commercial drive." Michael van Baarle, Co-Founder and CEO, ABEL Energy, commented, "Along with Iberdrola, we anticipate driving green hydrogen to commercial scale in Australia as well as developing a new climate innovation industry that will certainly benefit the Tamar Valley community and also its future generations. We are delighted to have the support of Iberdrola as a financial partner and also as a professional in building and running large-scale renewable resource in Australia as well as all over the world." Iberdrola's hydrogen efforts Iberdrola is establishing 60 renewable and also green H2 campaigns in 8 various nations. Its goal is to get to 35,000 tonnes of hydrogen annually by 2025 and also greater than 350,000 tonnes each year by 2030. To this end, it has actually produced a project portfolio of 2,400 MW in various areas, mainly in Spain, the USA and also Australia. Iberdrola said that it will certainly likewise spend in between 2,000 as well as 3,000 million euros in Australia with the objective of enhancing the switch to renewables in the nation and also getting to 4,000 MW in the coming years.

of renewable energy capacity by the year 2022, with the focus on Extremadura. Iberdrola is planning to deploy over 2GW of solar energy projects in the community in

consists of costs on the green hydrogen facilities as well as the solar farm, Iberdrola said. Neighborhood fertilizer producer Fertiberia will off-take the hydrogen

Iberdrola, Glencore and also FCC Ámbito have partnered to provide lithium-ion battery circularity services for Spain as well as Portugal. The objective is to establish a purpose-built facility for recycling lithium-ion batteries, which would certainly consist of 2nd life repurposing in addition to end-of-life recycling remedies. FCC Ámbito, a subsidiary of FCC Servicios Medio Ambiente, offers commercial as well as business waste administration services. With each other, the parties intend to combine their particular experience and expertise to use extensive recycling as well as 2nd life remedies for lithium-ion batteries, both from gigafactory production scrap and also end-of-life batteries. In cooperation with the Iberian Energy Storage Research Centre (CIIAE, Centro Ibérico de Investigación en Almacenamiento Energético), the partners have evaluated existing battery recycling abilities and also feed availability in the area. They remain to work in the direction of identifying the location for the recycling center, which will be sustained by sector leading technology. The center will certainly be run by FCC Ámbito and will concentrate on the pre-processing of lithium-ion batteries as well as battery scrap, separating such feed right into distinct streams for further downstream refining and also recuperation of battery metals. The recycling of battery materials is expected to reach 35,000 tonnes each year in Spain by 2035 including manufacturing scrap. María Kaifer, Technical Director and also Head of Circular Economy, FCC Ámbito, stated: "With this collaboration, our firm remains to seek its critical growth purposes, which it has actually been working on, such as the advancement of recycling services for materials from the power shift. " This is one step forward in our efforts to recover the resources which contain waste and also to reduce the dependancy on resources. " The recycling of lithium-ion batteries is a difficulty that we face along with 2 leading business in their fields, Iberdrola and also Glencore, in order to join efforts to assure the recycling capacities of the chain."

construction will be located in Spain's western region of Extremadura, where Iberdrola simply started commissioning a pair of solar farms completing 100 MW. The

international electrical utility Iberdrola has actually introduced that it has actually authorized an arrangement for the procurement of the French renewable

Iberdrola SA has signed a 10-year power purchase agreement (PPA) with Italian steel manufacturer Acciaierie Venete SpA to supply solar energy from a 12-MW photovoltaic park currently under construction in Italy. The deal guarantees Acciaierie Venete 230 GWh of green power, helping the company reduce its carbon dioxide emissions by approximately 6,960 tonnes during the contract period.The partnership aligns with Acciaierie Venete's sustainability goals and their strategy to decarbonize, aiming to cut their carbon footprint by over 50% by 2030. Iberdrola is expanding its presence in Italy, with nearly 150 projects and a target of reaching 400 MW of installed capacity by 2025. How will Iberdrola's PPA impact Acciaierie Venete's sustainability and carbon reduction goals? Impact of Iberdrola's PPA on Acciaierie Venete's Sustainability and Carbon Reduction Goals Significant Emission Reductions: By securing a supply of 230 GWh of green power over the next decade, Acciaierie Venete is positioned to drastically reduce its annual carbon dioxide emissions. The estimated reduction of about 6,960 tonnes of CO2 will contribute considerably to their long-term goal of cutting emissions. Alignment with Long-term Sustainability Strategy: This PPA supports Acciaierie Venete's comprehensive sustainability strategy that prioritizes the decarbonization of its operations. By focusing on renewable energy sources, the company is not only enhancing its competitive advantage but also demonstrating corporate responsibility. Enhanced Renewable Energy Usage: The agreement will significantly increase the proportion of renewable energy used in the company’s production processes, which is critical for meeting both national and international sustainability standards in the steel sector. Support for Circular Economy Initiatives: As part of its sustainability agenda, Acciaierie Venete is likely to leverage the PPA to enhance its circular economy initiatives, fostering a more sustainable approach by reducing dependency on fossil fuels and promoting the use of recycled materials. Regulatory Compliance: The power purchase agreement aids in ensuring compliance with European Union regulations regarding carbon emissions and renewable energy usage, which are becoming increasingly stringent, thereby mitigating potential legal and financial risks. Community and Economic Impact: The development of the photovoltaic park not only supports Acciaierie Venete's green energy ambitions but also contributes to local economic growth by creating jobs during the construction and maintenance phases of the solar facility. Market Leadership: By partnering with Iberdrola, Acciaierie Venete positions itself as a leader in sustainable practices within the steel industry, potentially attracting investors and clients who prioritize ethical and environmentally friendly production processes. Increased Energy Security: The PPA offers Acciaierie Venete a more stable and predictable cost structure for energy, protecting the company against fluctuations in the energy market while ensuring a long-term supply of green energy. Future Collaborations: The successful implementation of this PPA may pave the way for further collaborations with Iberdrola or other renewable energy providers, expanding Acciaierie Venete's capacity for sustainable energy utilization and furthering carbon reduction efforts. Awareness and Internal Culture: Committing to sustainable energy through this partnership can foster a culture of accountability and innovation within Acciaierie Venete, encouraging employees to engage in practices that support company's sustainability objectives. By integrating the energy supply from Iberdrola into its operations, Acciaierie Venete is taking a critical step towards a greener future, both in terms of emissions reduction and overall sustainability.

European Investment Bank (EIB) and Iberdrola have actually signed a new agreement to accelerate Portugal's energy transition via the development of new renewable