News
-
16/04/2024Iberdrola is committed to digitalisation and innovation in grids Iberdrola, through i-DE, its distribution company in Spain, held the Smart Grids INNOVA Madrid 2024 conference at Iberdrola campus in San Agustín de Guadalix. The different sessions of the conference were attended by collaborating companies and suppliers of the company, universities, technology institutes and institutions of Madrid. They all highlighted the importance of innovation as a facilitating lever for decarbonising the economy. Smart grids pave the way towards the decarbonisation and electrification of the economy, facilitating the integration of greater renewable generation, sustainable mobility and air conditioning (electric vehicles and heat pumps), smart cities and self-consumption. Thus, essential services, such as water and transport, benefit from the electricity grid transformation, not only to optimise their service and strengthen their commitment to the environment, but also to offer the best quality of service and information to their customers. You can read the full article in the Iberdrola España Press Room page. READ MORE
-
12/04/2024Iberdrola's renewable energy production reaches 10-year highs in Spain Continued investments by the Iberdrola in renewables and its commitment to decarbonization has seen clean energy production in Spain reach a decade high. In the first quarter of 2024, the group generated 10,489 GWh with clean energy, an increase of 19.4% compared to the same period last year. The company has not had such a positive performance in clean generation in Spain since 2014, when it reached 12,427 GWh. This increased production is due to the new installed capacity and the increase in rainfall in the first quarter of the year. Iberdrola has installed more than 1,750 MW of renewable energy in Spain in the last 12 months, mainly solar PV (1,300 MW) and wind (340 MW), bringing its total to 21,708 MW of renewable energy. In addition, the levels of hydroelectric reserves are close to 80%. Leading the way in clean energy Globally, the company has managed to consolidate the generation level of 24,000 GWh of renewable energy in the first quarter of 2024 – a record figure – despite the negative performance of onshore wind, which has been offset by the increase in hydro generation. By country, in addition to Spain's exceptional performance, the increases in renewable generation in the United Kingdom (+4.3%), Mexico (+5.6%) and the rest of the world (+30.4%) stand out. The group's renewable capacity reached 42,371 MW – with more than 2,800 MW added in the last 12 months, as reported today by the company to the National Securities Market Commission (CNMV). Iberdrola has installed more than 1,600 MW of solar PV power and more than 1,200 MW of onshore and offshore wind. In addition, the sale of the 8,500 MW of combined cycle plants in Mexico stands out in this quarter. Given the company's commitment to renewable energy, the Group generates 100% emission-free energy in countries such as the United Kingdom, Brazil, France, Italy, Germany, Poland, Portugal, Greece, Romania and Bulgaria. Emission-free production reaches 87% in Spain. Commitment to electrification In March Iberdrola presented its new 2024-2026 strategic plan, in which it has committed to invest 41 billion euros to promote the electrification of the economy. 60% of the investments will be allocated to networks, a major growth area for the Group. Investments in renewables will account for 30% of the total, mainly focused on offshore wind. Energy storage is another key area for the group. 1.5 billion euros will be invested to allow the company to reach 120 million KWh of storage capacity by 2026, which represents an increase of 20%. The group has an additional pipeline of 150 million kWh. READ MORE
-
11/04/2024Iberdrola installs a floating system off the coast of Brazil for wind measurement studies Iberdrola, through its Brazilian subsidiary Neoenergia, has installed a floating LiDAR (Light Detection and Ranging) system to collect data on wind and sea characteristics in an area off the north coast of Rio de Janeiro. In this way, Neoenergia is taking an important step in advancing studies on the development of offshore wind power generation in the country. The LiDAR technology has the highest performance rating, which allows for greater accuracy and reliability of the data. Among other functions, the sensor is capable of remotely measuring, by means of laser beams, the speed and direction of the wind, based on the movement of air particles, in ranges from 10 to 300 metres high. You can read the full story in the Neoenergia Press Room page. READ MORE
-
10/04/2024Iberdrola invests in GED TECH Seed to support Portuguese entrepreneurs and startups Iberdrola Renewables Portugal recently invested in GED TECH Seed , a fund dedicated to Portuguese startups with scalable business models and growth potential. Throughout the fund's investment period, it is planned to make around 25 to 35 investments in national startups, with more than 3,000 opportunities identified in highly innovative technological projects and with a special focus on promoting sustainability (ESG). This investment is another step in Iberdrola's commitment to supporting startups and a sustainable energy model as part of the PERSEO programme , an initiative that aims to foster the development of startups and innovative industrial companies working in new areas of electrification and in sectors that are difficult to decarbonise. "In recent years and in the projects currently under construction, at Iberdrola we have invested more than €2.5 billion in renewable energy in Portugal. With this investment in GED Tech Seed, we intend to take another step in our commitment to the country and its entrepreneurial fabric, supporting innovative technological startups that promote sustainability", underlines David Rivera Pantoja, Iberdrola's Country Manager in Portugal. Joaquim Hierro, Managing Partner of GED, says: "Iberdrola Renewables Portugal's investment in GED Tech Seed represents a significant step forward in fostering innovation and sustainability in the Portuguese technology ecosystem. With this fund, which already has 11 operations, we are committed to investing with purpose in transformative technology startups. This partnership with Iberdrola exemplifies our commitment to promoting innovation and strategic collaboration." Since the creation of the PERSEO programme in 2008, Iberdrola has invested more than €175 million in businesses that develop innovative technologies, improving the sustainability of the energy sector, promoting major electrification and decarbonisation of the economy. READ MORE
-
10/04/2024Iberdrola announces a new edition of its Iberdrola Supera Awards Iberdrola has announced a new edition of the 'Iberdrola Supera Awards' to promote gender equality through sport. The aim is to reward, with €300,000, sports projects and initiatives that represent and promote women's sport. In addition, this new edition includes a new category, 'Iberdrola Supera Impulso Rural' to promote the practice of sports by women or girls in municipalities with less than 5,000 inhabitants. You can read the full story in the Iberdrola España Press Room. READ MORE
-
10/04/2024Iberdrola begins construction of its first photovoltaic plant in California Iberdrola, through Avangrid, its subsidiary in the United States, has begun construction of the Camino Solar project in Kern Countru (California). The photovoltaic plant will have 105,000 solar panels and, with a capacity of 57 MW, will generate clean, emission-free energy for 14,000 US homes, a population similar to that of Arcos de la Frontera in Cadiz or Sitges in Barcelona. The project supports the US energy transition , to clean energy, increasing reliability for the country's power grid, creating jobs, and boosting the local economy. Upon completion, this plant is expected to create over 100 jobs and several permanent jobs. "This first PV installation joins the six wind farms already delivering clean energy in the state of California," said Pedro Azagra, CEO of Avangrid. "This is another example of Iberdrola's commitment to developing projects that create jobs, support local communities and accelerate the transition to a decarbonised economy," he added. Camino Solar is located in an area scientifically analysed and identified as suitable for renewable energies’ development. It is located next to Iberdrola's Manzana wind farm, with a capacity of 189 MW, which came into commercial operation in 2012. Growth in the United States Iberdrola is one of the three largest renewable energy operators in the United States , with 8,800 MW of emission-free installed capacity. The company is present in 25 states and manages 170,000 kilometres of power lines through eight utilities in New York, Connecticut, Maine and Massachusetts – supplying clean energy to a population of 7 million people. The United States is the company's main investment focus within its 2024-2026 Strategic Plan, to which it will allocate €41 billion. Particularly, the country will receive 35% of the investment, equivalent to €14.35 billion. In addition, Iberdrola is the country's leading developer of offshore wind energy. On 27 March 2024, it submitted numerous proposals for new offshore wind energy in Massachusetts-Rhode Island-Connecticut. The states are expected to announce the selected projects in August 2024. The company currently has the Vineyard Wind I farm under construction. With 806 MW of capacity, it is the first commercial-scale offshore wind farm in the country and will supply clean and reliable energy to 400,000 homes, which is more than half the size of a city like Boston or the entire island of Palma de Mallorca. In February, the energy company announced the commissioning of the first five turbines that will supply clean energy to 30,000 homes and businesses in Massachusetts. READ MORE
-
08/04/2024Iberdrola's Vineyard Wind 1 offshore wind farm named Climate Change Project of the Year This offshore wind farm, developed by Avangrid, is under construction off the coast of Massachusetts, and already deluvers clean energy to 30,000 homes and businesses in the region. This is thanks to the five turbines that came into operation in the first quarter of the year. Vineyard Wind 1 is the first large-scale offshore wind project in the United States. The 806 MW facility consists of 62 wind turbines over 800 feet high, and will be the largest renewable energy plant in New England. When fully operational, this plant will power around 400,000 homes and reduce carbon emissions by over 1.6 million US tons per year. In addition, the project has created more than 2,000 jobs to date and has contributed $590 million to the Massachusetts' economy. "We are honoured to receive this important recognition for our Vineyard Wind 1 project, and thank the Environmental Business Council for their partnership and support as we work together to take urgent action on climate change," said Avangrid CEO Pedro Azagra. "Vineyard Wind 1 is a trailblazing project for the New England region and the nation, and we are very proud to set a foundation from which an entire clean energy industry can flourish and meaningfully address climate challenges." "EBC is honoured to present the Ruth H. Silman Award for Climate Change Project of the Year Award to Vineyard Wind 1, a project that moves Massachusetts, and the entire New England region, into a cleaner, more sustainable energy future," said Ann Gisinger, EBC's executive director. The award will be given at the EBC APEX Awards ceremony, its official name, in June 2024 at the City Winery in Boston, Massachusetts. This recognition is presented by the Environmental Business Council, or EBC, a non-profit organisation created in 1990 by environmental and energy company executives to exchange ideas and share experiences. It was the first organisation in the United States created to support and encourage the development of the environmental industry. READ MORE
-
06/04/2024Iberdrola joins the FPF in promoting Women's Football in Portugal The Portuguese Football Federation and Iberdrola, a leader in renewable energy, have established a partnership that extends to all senior women's football under the remit of the national sports body. The announcement was made public this Friday and made public during the break of the Portugal-Bosnia and Herzegovina match, counting for the qualification for the 2025 European Championship for women's teams. The agreement between the two entities extends until 2027 and will make Iberdrola the official sponsor of the "Navigators" and the club competitions organised by the FPF: Liga BPI, Portuguese Cup, Super Cup and League Cup. Fernando Gomes, president of FPF: "Women's football growth is our daily work. Something we do best together with partners such as Iberdrola – a world-renowned brand. We are confident that these common interests will bring even more energy to our National Team and our competitions. With more and more players, more clubs, more competitions, it is important to highlight that those investing in women's football are also growing in number and size. We are confident that this is the way forward and that we will dignify Iberdrola's commitment." "With this commitment, Iberdrola aims to promote gender equality in Portugal, fostering the growth and success of women's sport. We want to contribute to the visibility, prominence and creation of new female references in society, favouring the creation of conditions that promote inclusion and equal opportunities", says David Rivera, Country Manager of Iberdrola Portugal. Iberdrola's commitment to gender equality, through the promotion of women's sport, extends across borders, with the sponsorship of several women's competitions and federations in Spain, Scotland and Brazil. In this way, Iberdrola contributes to boosting the success of women's sport, promoting equal opportunities and promoting healthy habits in society. READ MORE
