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Iberdrola has commissioned its largest plant producing green hydrogen for industrial use in Europe. The Puertollano (Spain) plant consists of a photovoltaic solar plant, a lithium-ion battery system and one of the largest electrolytic hydrogen production systems in the world.
Energy group Neoenergia* — Iberdrola's Brazilian subsidiary — launched an initial public offering (IPO). The company, which operates in 18 Brazilian states and supplies 34 million people with electricity, reached a net income of 7.104 billion Brazilian reals in the first quarter of 2019, 28.1% more during the same period last year.
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The company, through its subsidiary Iberdrola México Renovables, has built two new photovoltaic power stations in Mexico: Santiago in San Luis Potosí and Hermosillo in Sonora.
A PPA (Power Purchase Agreement) is a long-term agreement between a renewable developer and a consumer for the purchase of energy. The Iberdrola group has extensive experience in this sector and has entered into contracts of this type in countries including the United States, United Kingdom, Spain, Mexico and Australia, and it now has agreements with companies such as Amazon, Apple, Facebook and Nike, among others.
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El País' has published on 19 January 2018, an opinion piece by Ignacio Galán, Iberdrola's Chairman, in which he stands up for the need to progress towards a sustainable, safe and competitive model that replaces polluting energies used in production processes by clean energies and intensifies the electrification of the global economy, because
Looking ahead to our upcoming 2019 General Shareholders' Meeting on 29 March, the Vocento group — one of Spain's leading multimedia communication firms — interviewed the chairman of Iberdrola to discuss some major current issues for the company and for the energy sector overall.
