(OE) Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects. The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks, whose returns tend to be predictable, and a more... Continue Reading →
(Reuters) - Spain's Grenergy (GREG.MC) plans to more than double its U.S. solar power generation projects pipeline in the next three years under a 2.6 billion euro ($2.8 billion) investment strategy. Spanish energy firms such as renewables giant Iberdrola and oil major Repsol have increased their focus on the United States as they try to take advantage of massive subsidies included... Continue Reading →
(Reuters) - Spanish power company Iberdrola (IBE.MC) on Thursday raised its 2023 outlook for the third time this year and hiked dividends after increased renewable output and margins drove net profit for the first nine months 17% higher. A European leader in green energy, Iberdrola has funded investment in renewable capacity and network assets by selling minority... Continue Reading →
(Reuters) Abu Dhabi's Masdar is set to buy a 49% stake in Spanish utility Iberdrola's largest offshore wind project off Scotland's coast, known as East Anglia 3, Spanish newspaper Cinco Dias reported on Tuesday, citing unidentified market sources. The acquisition will be worth around 2 billion euros ($2.14 billion), the report added, as the entire... Continue Reading →
(OW) The PivotBuoy Project, developed by X1 Wind in collaboration with nine industry and R&D partners, has finalized its offshore demonstration in Spain with what the partners describe as ”excellent results that promise to revolutionize the floating wind industry”. The Spanish firm’s X30 platform was tested in full operational conditions at PLOCAN offshore the Canary Islands... Continue Reading →
(OM) RenewableUK says the total number of floating offshore wind projects has increased over the past year from 230 to 285. The association’s latest EnergyPulse Insights report also found that 227 MW of floating offshore wind are fully operational across 14 projects in seven countries. Norway leads with 94 MW across three projects, followed by... Continue Reading →
(OW) Capital Energy, a renewable energy project developer based in Spain, has submitted applications for environmental assessments for three floating offshore wind farms in Portugal with a total capacity of 2 GW. Named Parque Eólico Offshore Barlavento, Parque Eólico Offshore Carvela and Parque Eólico Offshore Âncora, the first two are proposed to have 40 wind turbines... Continue Reading →
(OE) State-backed export credit agency Export Finance Norway (Eksfin) has provided loan guarantee financing to Spanish energy company Iberdrola, a transaction that supports Norwegian exporters’ participation in the East Anglia Three wind park project in the UK. Through the transaction, Eksfin has provided guarantee financing for the first time to a Spanish energy company and... Continue Reading →
The DemoSATH floating wind technology project in Spain has achieved a significant milestone with the successful installation of its 2MW floating wind platform demonstrator in open sea waters. The operation, carried out by the Windstaller Alliance, used their anchor handling vessel, the Normand Sapphire, along with local tugboats, to tow DemoSATH from the construction site... Continue Reading →
(OE) Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the manufacture of the secondary structure, which will be integrated in... Continue Reading →
