• Renewable Power
  • Nuclear Power
  • Thermal Power
Power Gen Advancement
  • Home
  • News

    bp to invest up to £18 billion in UK energy system by 2030

    Giant offshore wind energy projects to be built in Irelands seas

    Kier to deliver onshore converter station for offshore wind project in the north east

    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

    China installed 48.2 GW of new solar capacity in 2020

    Solek Group signs deal to build solar power plants in Chile

    Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules

    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

    Vattenfall Wind

    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
  • Home
  • News

    bp to invest up to £18 billion in UK energy system by 2030

    Giant offshore wind energy projects to be built in Irelands seas

    Kier to deliver onshore converter station for offshore wind project in the north east

    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

    China installed 48.2 GW of new solar capacity in 2020

    Solek Group signs deal to build solar power plants in Chile

    Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules

    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

    Vattenfall Wind

    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
Power Gen Advancement
No Result
View All Result
Home News

Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

in News, Renewable Power
Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

The company has promoted wind energy and solar projects in eleven autonomous communities. Iberdrola – which has accelerated its investment plan to contribute to the economic recovery – plans to commission a further 1,500 MW of renewables in the near future, of which 1,000 MW are already under construction.

Iberdrola has consolidated its position as the main driver of renewable energy development in Spain with the commissioning of 2,000 MW of new wind and solar capacity during the pandemic, which has meant a growth of more than 35% of our installed renewable capacity in Spain.

76% of the new developments correspond to photovoltaic installations. Of these, the Núñez de Balboa plant in Extremadura stands out, which, with 500 MWdc, is capable of supplying clean energy to 250,000 people. In this region, the company has also commissioned plants in Ceclavin (328 MWdc), Arenales (150 MWdc) and the Campo Arañuelo complex (143 dc), the latter a pioneer in incorporating an energy storage system through a 3 MW battery.

It is also worth mentioning the 50 MWdc Andévalo photovoltaic plant in Andalusia, built as part of the wind power complex of the same name – the largest in continental Europe – and which has become the first facility to obtain the ‘UNEF Certificate of Excellence for Sustainability and Biodiversity Conservation’.

The acceleration of its renewable strategy has enabled Iberdrola to start up its first three photovoltaic plants in Castilla-La Mancha in 2021: Barcience (50 MWdc), Olmedilla (50 MW) and Romeral (MW). Also in Aragon, the company has installed in Teruel the first photovoltaic plant to be built in this region, with 50 MW.

Iberdrola has also strengthened its leadership as a wind power developer in Spain, with nearly 500 MW installed since 2019. Castilla y León was the autonomous community with the most megawatts installed by the company, with the commissioning of the Encillas (23 MW), BaCa (69 MW), Fuenteblanca (10 MW) and the Herrera II complex (63 MW), equipped with the most powerful wind turbines in Spain to date, with more power than the first ones installed two decades ago.

In Asturias, the company has tripled its installed wind capacity, with four new wind farms totalling 129 MW. In Navarra, Iberdrola has commissioned the 111 MW Cavar wind farm complex, the largest facility of its kind to come on stream in the country since 2012. The company has also installed the Puylobo (49 MW) and Pradillo (23 MW) wind farms in Aragon.

1,500 MW more renewables in Spain

Iberdrola is currently building 1,000 MW of renewable energy in Spain. These include the Pizarro photovoltaic plant which, with its 590 MWp of installed capacity, will be the largest in Europe, will prevent the emission of 150,000 tonnes of CO2 and will supply energy to 334,4000 homes. The Cedillo (100 MW) and Almaraz I and II (80 MW) photovoltaic facilities are also under construction in this community.

In Andalusia, the company is building the Martín de la Jara (36 MW) and El Puntal (15 MW) wind farms. In Castilla-La Mancha, it is installing a 100 MW photovoltaic plant in Puertollano, the largest green hydrogen plant for industrial use in Europe. In Castilla y León, work continues on the Revilla-Vallejera photovoltaic plant (50 MW) and in the Basque Country it will install the first battery in a wind power project, at the Elgea-Urkilla wind farm.

In addition, Iberdrola already has environmental authorisations for the construction of another 500 MW in various wind and photovoltaic projects in Castilla y León, Cantabria, Castilla la Mancha, Andalusia, the Canary Islands and Murcia.

Ambitious renewables investment plan

The strong expansion of Iberdrola’s renewable generation system in Spain responds to the ambitious investment plan that the company has accelerated in order to contribute to the reactivation of economic activity and employment.

“Our business model, which has anticipated the energy transition by 20 years, positions us as a key player in the transformation of the industrial fabric, using our experience, social commitment and financial capacity to promote a long-term sustainable economic growth model capable of meeting the current challenges facing society”, explained Julio Castro, CEO of Iberdrola Renovables Energía.

Since 2019 – and despite the crisis generated by the health emergency – the company has allocated more than 2.3 billion euros to renewable development in Spain.

Likewise, the projects promoted by Iberdrola have boosted the local supply chain. “Iberdrola has always been committed to local suppliers in the development of all its projects in order to contribute to the development of the territories, strengthening their economy and generating local employment. An example of our commitment is the acquisition of our transformers from the company FARAMAX, in Extremadura, or from ABB, in Cordoba, or the awarding of the structures of our photovoltaic plants to the company Cameto in Ciudad Real and of inverters to the Basque company Ingeteam”, said Castro.

Key agent for economic recovery

Iberdrola has been leading the energy transition for two decades, acting as a key driving force in the transformation of the industrial fabric and the green recovery of the economy and employment. To this end, the company has launched a historic investment plan of 150 billion euros over the next decade -75 billion euros by 2025-, with which to triple renewable capacity and double network assets and take advantage of the opportunities of the energy revolution facing the world’s leading economies.

In Spain, investments to 2025 amount to 14.3 billion euros, mainly for the deployment of an ambitious renewables and smart grids plan. In Spain, the company is the leader in the renewable sector with an installed capacity of more than 17,400 MW, which its investment plan to 2025 will increase to 25,000 MW.

After investments of 120 billion euros in the last twenty years, Iberdrola is a leader in renewable energy with more than 35,000 MW installed worldwide; a volume that makes its generation system one of the cleanest in the energy sector.

Previous Post

Cordelio Power Expands Into New York Market with SunEast Transaction

Next Post

8minute Solar Energy secures $400m in financing from EIG

Related Posts

News

bp to invest up to £18 billion in UK energy system by 2030

May 14, 2022
Giant offshore wind energy projects to be built in Irelands seas
News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
Statkraft seeks planning nod for 49.9-MW Scottish wind farm
News

VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

February 19, 2022
Norway to invest in renewable projects in developing countries
News

Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

February 19, 2022
China installed 48.2 GW of new solar capacity in 2020
News

Solek Group signs deal to build solar power plants in Chile

February 19, 2022
Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules
News

TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

February 19, 2022
Next Post
8minute Solar Energy secures $400m in financing from EIG

8minute Solar Energy secures $400m in financing from EIG

LatestNews

News

bp to invest up to £18 billion in UK energy system by 2030

May 14, 2022
Giant offshore wind energy projects to be built in Irelands seas
News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
Statkraft seeks planning nod for 49.9-MW Scottish wind farm
News

VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

February 19, 2022
Norway to invest in renewable projects in developing countries
News

Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

February 19, 2022
China installed 48.2 GW of new solar capacity in 2020
News

Solek Group signs deal to build solar power plants in Chile

February 19, 2022
Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules
News

TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

February 19, 2022
Power Gen Advancement

About Us

Power Generation Advancement is a leading information centric website providing latest up to date information and happenings within the industry. The website is sub divided into 3 sectors updating the latest news and developments about Power Generation industry through Renewable Energy, Nuclear Energy, Thermal Energy sources. Power Generation Advancement runs with an objective to provide a one stop knowledge driven content to our reader and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Our Services
  • Contact Us
  • Download Mediapack
  • Newsletter Archive

System

  • Search
  • Sitemap
  • RSS Feed

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Market Moves
  • Press Statements
  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In