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Iberdrola’s nine-month profit rises on resilient networks and decarbonisation growth
Iberdrola’s adjusted net profit rose 16.6% to €5.12bn in the first nine months of 2025, driven by networks in the US and UK and steady renewables delivery.
Oct 28, 2025 // Markets & Finance News, UK, Iberdrola, Europe, renewables, earnings, networks
Iberdrola’s Broadsound Solar Farm Hits Golden Row Milestone in Queensland
First panels installed at Iberdrola’s 377-MWdc Broadsound project in Central Queensland, clearing the path for a 180-MW battery and power for 145,000 homes.
May 12, 2025 // Plants, Large-Scale, Commercial, Iberdrola, Australia, Oceania, PV Power Plant, Broadsound
Neoenergia introduces 600-MW wind, solar complex in Brazil
Brazilian energy company Neoenergia SA (BVMF: NEOE3) launched on Wednesday its very first renewable resource hybrid complex in Brazil, combining wind and also solar plants with an overall capacity of concerning 600 MW.
Mar 23, 2023 // Plants, South america, Brazil, Neoenergia
European Investment Bank to finance Nuñez de Balboa mega-facility
Europe’s biggest PV solar plant is one step closer to fruition after the European Union’s investment arm and Spain’s state-owned bank the Insituto de Crédito Oficial have agreed to bankroll it with a €285 million (US$319 million) loan.
Jul 18, 2019 // Markets & Finance News, Extremadura, Insituto de Crédito Oficia, Galán, Emma Navorro, ICO
French tender for innovative solar projects awards 173 MW
The French Ministry of Ecological Transition has marked the winning standing to 172.9 MW of projects in a tender for innovative solar photovoltaic (PV) installments.
Jan 6, 2023 // Markets & Finance News, France, Europe, solar projects
Avangrid to acquire United States power holding business PNM Resources
Iberdrola via its US-based utility firm Avangrid has revealed the purchase of New Mexico's energy holding firm PNM Resources.
Oct 22, 2020 // Markets & Finance News, USA, Iberdrola, North America, avangrid, Ignacio Galán
Portugal reveals winners of record-breaking solar auction
Portugal has unveiled the final results of the solar auction held over the summer, identifying a handful of major foreign winners of a tender hailed as a worldwide milestone.
Aug 8, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Portugal, Iberdrola, tender, Europe, iberia, solar auction, akuo
Scottish Power enters solar business
The distribution system operator for southern and central Scotland says it wants to optimize onshore renewables potential with the addition of storage and solar into its clean electricity business. The company said hybrid projects combining wind, storage and solar will become the market standard in 2021.
Dec 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, UK, Iberdrola, Europe, Scottish Power
Grenergy considering stake sale in 1-GW solar portfolio in Spain - report
Spanish renewables firm Grenergy Renovables SL (BME: GRE) is functioning to market a 49% stake in a 1,094-MW solar PV portfolio it has in Spain, in a step that mirrors recent divestment efforts of power utility Iberdrola SA (BME: IBE), which has actually been shedding non-controlling stakes in certain assets.
Jan 24, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Grenergy
Large solar+ storage space project connected to hydrogen manufacturing in Spain
Spanish utility Iberdrola intends to connect a 100 MW/20 MWh solar-plus-storage plant to hydrogen manufacturing in Puertollano, in southerly Spain. The project will certainly call for a financial investment of approximately EUR150 million euros and also will certainly be just one of the biggest installments of its kind in Europe.
Mar 17, 2020 // Solar to Fuel, Spain, Europe, hydrogen
Spain honors simply 866MW of solar in renewables public auction as prices jump
Spain's most recent renewables public auction closed with solar PV prospective buyers being granted just 866MW of capability, with gamers such as Naturgy and Bruc among the winning participants.
Oct 21, 2021 // Markets & Finance News, Spain, Iberdrola, tender, Europe, auction, Naturgy, Bruc
6 Consortiums Pre-Qualified for Morocco's 400 MW Atlas Solar Plant
Morocco's Masen announces pre-qualification of six consortiums to construct 400 MW solar plant in the Atlas Mountains aiming to reduce dependence on fossil fuels. Leading consortiums include Cobra, EDF, Enel, Iberdrola, International Power and Acwa Power with a two-hour storage capacity. Morocco's goal is to reach 80% renewable energy by 2050, and Noor Midelt II is a major contributor to that effort.
Jul 12, 2023 // Plants, Large-Scale, Commercial, Africa, Morocco, PV Power Plant
Masdar Boosts US Presence with Terra-Gen Stake Acquisition
Masdar's latest move: acquiring 50% stake in US renewable energy producer Terra-Gen, a key step in its goal of 100GW capacity by 2030.
Mar 20, 2024 // Markets & Finance News, USA, Masdar, North America
Scottish Power to bring parent's hydrogen proficiency to north Europe
The U.K. utility is a companion in the Green Hydrogen for Scotland initiative which intends to be fueling industrial vehicles with sustainable hydrogen within 2 years, starting with a 10 MW electrolyzer on the borders of Glasgow.
Sep 18, 2020 // Markets & Finance News, Storage, Solar to Fuel, UK, Europe, hydrogen, Glasgow, ITM Power
Grenergy, Amazon Ink PPA For 469 MWp Solar Energy in Spain
Amazon will certainly be purchasing concerning 665 GWh of green electricity each year from Grenergy. Amazon will certainly obtain green electricity from three solar power projects that will certainly become operational in 2024.
Apr 3, 2023 // Markets & Finance News, PPA, Iberdrola, Amazon, power purchase agreement, solar ppa, LyondellBasell, Ayora, Grenergy Renovables SL, Jose Cabrera, long term PPA, Tabernas