(OE) The first of a total of 50 wind turbines has been installed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Abu Dhabi Future Energy Company (Masdar), located off the German Baltic coast. Working in partnership with Vestas, the remaining wind turbines will now be transported to the... Continue Reading →
ONYX Insight strengthens global footprint with latest multi-year contracts in Europe and Latin America
ONYX Insight has bolstered its global operations across Latin America, Spain and Portugal with several new deals, including two multi-year contracts, to deliver its predictive maintenance technology to wind farms in Spain and Brazil. The company currently monitors more than 1,500 turbines in Brazil, Peru, Chile, Mexico, and Costa Rica, using a combination of its... Continue Reading →
Exclusive: Spain’s Acciona downsizing renewable energy business in Brazil
(Reuters) - Spanish renewable energy firm Acciona Energia (ANE.MC), opens new tab has decided to restructure its businesses in Brazil, it said on Tuesday, after Reuters reported the subsidiary of infrastructure giant Acciona (ANA.MC), opens new tab had been downsizing in the country. The company said the decision to reorganize its unit in Latin America's largest economy was a... Continue Reading →
Euroports and BlueFloat Forge Strategic Offshore Wind Alliance
(OE) One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe. The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish... Continue Reading →
Iberdrola Bids $2.5B for Remaining Stake in US Subsidiary
(Reuters) Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion. Iberdrola said it is offering $34.25 per share, which represents a premium of approximately 10% compared to... Continue Reading →
BOEM to Decide on Massachusetts’ New 2.6GW Offshore Wind Project in April
(OE) The U.S. Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the proposed 2.6 GW New England Wind project offshore Massachusetts, being proposed by Avangrid’s unit Park City Wind. BOEM estimates the proposed project would generate up to 2,600 MW of electricity, enough to power more than 900,000 homes with clean,... Continue Reading →
Spain Starts Consultation on New Offshore Wind Rules
(Reuters) Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday. The sector had been urging the government to publish the new regulatory framework in order to meet its offshore wind target of up... Continue Reading →
Eni Joins Partnership to Develop Offshore Wind Projects in Spain
(OE) Eni-controlled company Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with Plenitude bolsters the joint venture formed by BlueFloat and Sener Renewable Investments three years ago, creating a leading consortium in the offshore... Continue Reading →
Iberdrola to Invest $15 Billion in Britain Through 2028
(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 →
Spain’s Grenergy to expand in US under $2.8 bln plan
(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 →