Iberdrola profits jump 50% after focusing on the U.S. and Britain
Iberdrola, Europe's biggest utility, announced on Wednesday that it had increased its net profit by 50% for the first nine-month period of the year. This is a good sign as this shows the company's focus on Britain and America has paid off. This is part…
Equinor, a Norwegian company, tries to lease an offshore wind farm in Japan again.
Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…
Iberdrola, a Spanish company, doubles its British investment plan from $11 billion to $21 billion
Iberdrola, the largest Spanish power company, has increased its investment plan in its British subsidiary Scottish Power from 24 billion pounds ($31.37billion) to 2024-2028. This was announced ahead of an international investment summit held in London.
Iberdrola, a Spanish company, invests $15.7 billion into Scottish Power's division
Iberdrola - Spain's largest energy company - will invest up 12 billion pounds ($15.7billion) in Scottish Power, its British division, over the next four year, doubling their commitment to the UK in advance of a global summit on investment in London.
UAE's Masdar eyes Iberian renewables champion after recent deals
Masdar, the renewable energy company of the United Arab Emirates, will continue to grow its presence on the Iberian Market after signing two deals there in recent months. Masdar has signed its second major renewables deal with Spain in the last two months.
Spain increases green hydrogen goal
Spain has raised its target for green hydrogen production capacity as a sign that it is confident in the industry, which has seen many energy giants cut back their plans due to high prices and an uncertain demand. According to a document released by the Energy Ministry on Monday…
Companies call on world leaders to meet renewable energy targets
On Monday, executives from major companies urged leaders to implement an international agreement made at the COP28 Summit in Dubai last year to triple renewable energy capacity by 2030, to combat climate change. The statement was made at a side event to the United Nations Climate Week, in New York.
Orsted and Iberdrola among the winners in record British renewable energy auction
Orsted and Iberdrola are among the winners in a British renewable energy auction that supported a record-breaking number of projects. The government announced this on Tuesday. The Labour government that came to power in July plans to decarbonise electricity by 2030.
Spain's Energy Firms Look to Central Europe Markets for Green Hydrogen Deals
Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.The two Spanish companies are vying to become green hydrogen leaders…
Miros Wavex Tapped to Support Saint Brieuc Offshore Wind Project
Miros’ dry-mounted Wavex was selected by EQUANS to collect operation-critical wave and current data on the offshore substation for the Saint-Brieuc Offshore Wind Farm, Iberdrola's first large-scale and flagship offshore wind power project in Brittany, France.
VIDEO: One-on-One with Pieter van Oord, CEO, Van Oord
Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s recent order of a massive and groundbreaking Wind Turbine Installation Vessel…
Ship Emissions: MIT Takes the Lead Toward Net Zero
The MIT Energy Initiative (MITEI) launched a new research consortium—the Future Energy Systems Center—to address the climate crisis and the role energy systems can play in solving it. Randall Field, Executive Director, discusses current research and…
Vattenfall Shortlisted for 1 GW French Offshore Wind Tender
France has shortlisted Swedish utility Vattenfall and its two partners to bid in a tender to develop an offshore wind farm with a capacity of about 1 gigawatt (GW) off Normandy, the company said on Tuesday.Vattenfall and its partners - German wind farm…
RWE Eyes Renewables Deals as Part of $8.4 B Expansion
Germany's largest power producer RWE plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7 gigawatt pipeline of renewables projects, its CFO said, just weeks after BP announced a major low-carbon push."A pipeline needs to be worked on constantly.
Prysmian's Inter-array Cables for Saint-Brieuc Offshore Wind Farm
Italian marine cable installation company Prysmian has won an €80 million contract to provide the submarine inter-array cable systems for the Saint-Brieuc offshore wind farm in France.Under the contract awarded by the wind farm developer Ailes Marines…
Van Oord to Install Saint-Brieuc Wind Farm Foundations
Dutch offshore contractor Van Oord has won a contract for installation and transportation of components for the offshore wind farm development in the Bay of Saint-Brieuc, France.Under the contract awarded by the wind farm developer Ailes Marines - fully…
EU Funds Floating Wind Turbine Project in Norway
The European Union has granted funds to an international consortium led by Spain's Iberdrola, to install and test a floating wind turbine in Norway.Norwegian Offshore Wind Cluster said earlier this week that the EU had granted NOK 290 million (~$27…
Iberdrola to Build its Next Wind Farm in Spain
Spanish electric utility company Iberdrola will build its next wind farm in the country at the Herrera Complex, featuring Siemens Gamesa’s SG 4.5-145 wind turbines with a 4.5MW power unit.Wind turbines which will be delivered by Siemens Gamesa are considered…
SGRE's 1,000th Offshore Wind Turbine Up
Spanish-based manufacturer of wind turbines Siemens Gamesa Renewable Energy (SGRE) has reached a milestone with the installation of its 1000th offshore direct drive wind turbine as it embarks on the 10MW-plus era.The company reached the milestone by…
Iberdrola Profits Up with Contribution from OWF
Spanish public multinational utility company Iberdrola said that its gross operating profit (EBITDA) grew by 12.5% to €4.99 billion, due to the positive performances in the United States, Mexico and Brazil and the contribution of the Wikinger offshore wind farm…
