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Iberdrola has actually started the building of 4 solar farms in Portugal amounting to 86MW. Job is underway on the PV plants, which were granted in the 2019 public auction, in the district of Setúbal, south of Lisbon. Algeruz 2 will have 27.35 MW of installed capacity, Conde 13.51 MW, Alcochete 232.89 MW, while Alcochete 2 will certainly have 12.72 MW. Alcochete1 and also 2 will have bifacial modern technology Bifacial innovation gives greater efficiency as the PV panels have two light-sensitive surface areas, thus producing electricity from both sides thanks to the use of a transparent sheet as opposed to opaque products. A radar allows the modules to move along the sunlight's course, maximising performance as well as expanding the life time of the plant by reducing deterioration. Furthermore, the bifacial solar cells minimize the ordinary expense of electricity by 16%. Throughout construction jobs, which are anticipated in conclusion this year, 500 jobs will certainly be produced during top durations. When operational, the plants will have the ability to generate adequate tidy energy to supply greater than 48,000 households, therefore preventing the discharge of 56,000 tonnes of CO2 right into the atmosphere annually. In Portugal, Iberdrola handles a commercial portfolio of greater than 870,000 supply points, operates 92MW of wind power as well as has actually simply linked the very first generation unit of the Tamega hydroelectric power plant to the grid, a pumping turbine with a capacity of 220MW. The Tamega gigabattery, one of the largest pumped-storage projects in Europe, comprises 3 tanks (Gouvães, Daivões and Alto Támega) as well as 3 hydroelectric nuclear power plant with a joint capacity of 1158MW, which will gradually come on stream between now and also 2024. The complex will can generating 1766 gigawatt-hours a year of electricity, sufficient to satisfy the power requirements of neighbouring municipalities and also the cities of Braga as well as Guimarães.

as well as the framework, and also it took two rainstorms to thaw the ice. Iberdrola currently runs 2,386 MW wind power in the region. In addition to "Barcience",

market, the brand-new rules are in area up until completion of March 2022. Iberdrola is part of Spain's Association of Electric Power Companies (AELEC), which has

Iberdrola has reached a deal to sell 757 MW of operating onshore renewables in France to independent power producer Technique Solaire, continuing a disciplined strategy of rotating mature assets to fund new growth. For Technique Solaire, the acquisition delivers immediate scale and predictable cash flows in a stable market; for Iberdrola, it frees capital for grid investments, hybrids and markets where it sees higher returns. Portfolio details weren’t disclosed, but operating wind and solar fleets in France typically come with long-dated contracts, unified SCADA, and established O&M routines—thermal imaging, IV-curve tracing, blade inspections and vegetation management—that support high availability. Biodiversity measures and end-of-life recycling pathways are already embedded in French permitting and transfer with the assets. Strategically, the sale aligns with a broader European trend: majors and large utilities are curating portfolios—owning when it gives strategic leverage (firming, retail integration, system services) and selling when capital is better deployed elsewhere. In a world of longer interconnection queues and pricier electrical gear, balance-sheet agility is an edge. For Technique Solaire, the challenge and opportunity are operational excellence at scale. Consolidating monitoring platforms, harmonizing maintenance contracts, and optimizing curtailment strategies across regions can add basis points of performance that compound meaningfully. Looking ahead, co-locating multi-hour batteries at strong nodes could lift capture rates by shifting energy into evening peaks and open ancillary revenue streams as France expands market products for flexibility. For host communities, little should change day-to-day: the turbines and panels stay, local jobs and tax flows continue, and community liaison programs persist under the new owner. Grid-side benefits remain intact, with dependable daytime and shoulder-hour output easing reliance on fossil peakers.   Bottom line: this is portfolio housekeeping with purpose. Iberdrola monetizes mature, cash-generating assets; Technique Solaire scales in a core geography; and the French grid keeps the same, steady megawatt-hours—potentially with enhanced flexibility over time.

Iberdrola’s record investment into renewables and networks is outperforming expectations, freeing the utility to invest even more creating a “virtuous circle of growth”, the company’s chairman has said. Today Iberdrola reported its performance for the first nine months of 2019, with net profit up 20% year-on-year to €2.5 billion. That performance follows a near 12% surge in earnings during the period to €7.5 billion, triggered by record investments into renewables and networks outlined last year. More than half of the €4.7 billion Iberdrola has subsequently invested into the business has gone towards new renewables as the utility chases a target of developing 13GW of renewables capacity by 2022. More than half of that has now been commissioned, and the firm expects to have 5,218MW of renewables capacity operational by the end of this year. While wind and hydro have been strong elements of Iberdrola’s renewables strategy, solar has also found a role to play. The firm has edged closer to starting construction on a 590MW solar farm in Spain that is bidding to become Europe’s largest, while the company was also a prolific entrant in Portugal’s recent record-breaking solar tender. Speaking of the results, Iberdrola group chairman Ignacio Galán said that the accelerated nature of the company’s investment and early achievement of efficiency and asset turnover targets could pave the way for additional new investments, “creating a virtuous circle of growth and financial strength".

sectors in the area, will certainly also be checked out by the project. Iberdrola states that the 20 MW electrolyser could start industrial operations in 2023,

Iberdrola has announced its first photovoltaic project in Germany. The 56MWp Boldekow project in Mecklenburg-Western Pomerania will include 80,000 bifacial solar modules and generate 50GWh of green electricity each year. The project is expected to create local jobs and save 20,000 tonnes of CO2 emissions a year. It will also pay over €5m in property taxes over a 30-year period. Iberdrola Germany chief executive Felipe Montero said the decision to invest in the plant was a key moment for the group and they are confident it will be followed by many more. They are also working with a long-standing partner and customer like Vodafone on this project to take another step towards the industrial energy transition in Germany. How Will Iberdrola's First PV Project in Germany Impact The Region? The ability to create 50GWh of green electricity each year will further Germany's commitment to renewable energies. The project will create numerous local jobs, contributing to the local economy and providing job security. The project will provide a more stable and secure energy source for the region, which is increasingly reliant on renewable energy sources. The 20,000 tonnes of CO2 emissions it will save every year will have a positive environmental impact. The project's €5 million property taxes over a 30-year period will also benefit the local economy. Iberdrola's investment in the project is a strong indication of their commitment to sustainability and the long-term industrial energy transition of Germany. The project's partnership with Vodafone will further strengthen their commitment to the industrial energy transition in Germany.

Iberdrola has inaugurated the Andévalo solar photovoltaic or pv plant, a ground-breaking facility that paves the way for an extra sustainable energy and production design. Iberdrola Chairman, Ignacio Galán, accompanied by the head of state of the Andalusian Parliament, Juanma Moreno, discussed that "Andévalo is an instance of the operations we are embarking on in Andalusia to triple our eco-friendly possibility in the area to 3,000 MW over the next 5 years." This brand-new plan stands for an investment of almost EUR 1.5 billion and will certainly enable the production, in the building and construction and setting up works alone, of 5,500 new jobs in the area. Iberdrola is presently the top wind power developer in the area, with an installed renewable ability of 900 MW. Andalusia thus turns into one of the biggest growth centres for Iberdrola in Spain, where the business declares it currently leads in the generation of tidy as well as eco-friendly energy, and where it plans to increase its installed ability over the coming 5 years, thus adding to the energy change as well as the development of jobs in Spain. "This is Iberdrola's dedication: to drive a tidy, secure and effective energy transition as well as join pressures to accelerate an eco-friendly recovery that leaves no-one behind," he discussed. Situated in the community of Puebla de Guzmán, in Huelva, the Andévalo solar plant contains 150,000 solar PV panels and also will certainly avoid the emission of 15,000 tons of CO2 right into the environment yearly. The installment forms part of the largest wind power complicated in Western Europe-- Andévalo (292 MW)-- established and also taken care of by Iberdrola since 2010. At Andévalo, Galán stressed that "the energy transition is the most effective way ahead towards a much more sustainable and healthy and balanced culture, promoting liable intake as well as the round economic climate and also producing quality as well as long lasting neighborhood employment." It is, additionally, "a special chance to drive growth and health in Andalusia as well as also in Spain all at once." " To make the most of it," stated the Iberdrola chairman, "we require to attract big quantities of exclusive financial investment. And that calls for a long-term countrywide technique, such as that defined by the National Integrated Energy and Climate Plan, as well as to develop self-confidence." Galán restated that the economic crisis is influencing all the nations worldwide and also the services coincide-- even more investment, better performance and increased security and also lawful as well as institutional safety. "But we should rush", he urged. "Because buying framework like Andévalo implies creating the growth and also employment that we require, at the same time as developing a far better as well as much more effective country for future generations."

Iberdrola Australia has begun construction on its first Queensland project, the 376-MW Broadsound solar farm, alongside a 180-MW co-located battery. Located near Clarke Creek, approximately two hours northwest of Rockhampton on the land of the Barada Kabalbara Yetimarala People, the project is expected to generate up to 350 jobs during its construction phase and be completed by mid-2026.The Broadsound solar farm's capacity is measured in direct current (DC), while the associated battery will have a two-hour electricity storage capacity. Iberdrola’s CEO, Ross Rolfe AO, expressed enthusiasm for entering the Queensland market, adding to the company's 1.7 GW energy assets across Australia. What are the key features and benefits of the Broadsound solar farm project? Key Features and Benefits of the Broadsound Solar Farm Project- Significant Capacity: With a production capacity of 376 MW, the Broadsound solar farm is poised to become one of Queensland's largest renewable energy projects, contributing significantly to the state's energy supply.- Co-located Battery Storage: The project includes a 180-MW battery system with a two-hour storage capacity, enabling stored energy to be dispatched when the solar panels are not generating electricity, thereby enhancing grid stability and reliability.- Job Creation: During the construction phase, the solar farm is expected to create approximately 350 jobs. This influx of employment opportunities will have positive economic impacts on the local community around Clarke Creek.- Indigenous Land Use and Partnership: Situated on the land of the Barada Kabalbara Yetimarala People, the project exemplifies collaboration with Indigenous communities, supporting their involvement and prioritizing sustainable land use practices.- Sustainability and Emissions Reduction: By generating clean, renewable energy, the Broadsound solar farm will help reduce carbon emissions, contributing to Australia’s targets for renewable energy deployment and climate change mitigation.- Long-term Energy Security: Enhancing the renewable energy portfolio in Queensland, the project will help diversify the energy mix and strengthen energy security in the region, reducing reliance on fossil fuels.- Technological Advancements: The project represents an investment in advanced solar technology and battery storage, fostering innovation in the renewable energy sector and stimulating further research and development.- Community Benefits: Beyond job creation, the solar farm is expected to provide numerous benefits to the local community, including potential investments in local infrastructure and community programs.- Contribution to National Grid: By integrating significant renewable energy capacity into the national grid, the Broadsound project will facilitate a transition toward a more sustainable energy future for Australia.- Timeline and Growth Prospects: Expected to be completed by mid-2026, this project marks a strategic entry for Iberdrola into Queensland's growing renewable market, positioning the company for future growth opportunities in the region.These features not only highlight the project’s anticipated economic and environmental benefits but also underline its role in advancing renewable energy adoption in Australia.

Iberdrola has initiated the commissioning of its 200-MW solar power complex known as Tagus I-IV, located in the region of Extremadura, western Spain. The complex is composed of four solar farms and has used close to 308,000 bifacial solar panels, mounted on fixed racks supplied by Spanish firm Gonvarri Solar Steel. The project has also contributed to the creation of local jobs, as Extremadura-based companies Galvexa and Imedexsa were called to participate in its construction. With the Tagus I-IV complex, Iberdrola now has 23 renewable energy facilities in operation in Extremadura, with solar accounting for 2,200 MW of the group's 4,200 MW installed “green capacity” in the region. What Impact Has Iberdrola's 200-MW Tagus I-IV Solar Complex Had? The Tagus I-IV complex has provided enough clean energy to supply over 125,000 homes. It is expected to reduce the region's annual carbon dioxide emissions by over 170,000 tonnes. The project also created over 600 jobs during the construction phase and up to 10 permanent positions. It is estimated that the Tagus I-IV solar complex has resulted in an investment of around €230 million in the region. It is also believed that the solar project is expected to provide a boost to the local economy through revenue from taxes and other fees.

(ICO) have agreed to offer EUR88m to finance a green hydrogen project that Iberdrola is establishing in Spain. The funds will be made use of to develop a 100MW

is sited in Cedillo, a tiny town located near to the border with Portugal. Iberdrola said it would utilize over 576,000 bifacial PV components and construct the

utility Iberdrola SA has appointed Pedro Azagra as its new group CEO, according to an announcement made on Tuesday. Azagra, who has been with the company for

financial investment bank is indicated to function as an economic advisor as Iberdrola looks to unload a 49% risk in the portfolio to green energy-focused sovereign

happened? Spanish utility Iberdrola SA and Spanish solar panel maker Exiom have announced their partnership to build the first industrial-scale solar PV panel