iberdrola

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Daily News Wrap-Up: States Levying Water and Air Cess on Power Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydro projects, after...

May 2, 2023

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Mercom India

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Daily Wrap-up
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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

April 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI’s Empanelment Tender for 5 MW of Solar Projects

Solar Energy Corporation of India has invited bids to empanel vendors for developing up to 5 MW of rooftop and ground-mounted solar power projects. The projects will be...

March 31, 2023

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Mercom India

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Daily Wrap-up
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Iberdrola to Develop Renewable Projects Around the Globe for Amazon

Spain-based power producer Iberdrola and e-commerce company Amazon have announced a collaboration to develop new wind and solar projects in Europe, the U.S., and...

March 30, 2023

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Arjun Joshi

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Other

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Wind
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Iberdrola Partners Exiom to Build Module Manufacturing Facility in Spain

In partnership with solar module manufacturer Exiom, Spain-based utility company Iberdrola will develop the first large solar module manufacturing facility in Spain and...

February 23, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Strong Global Performance Drives Iberdrola’s Net Profit Up 12% in 2022

Spain-based independent power producer Iberdrola recorded a net profit of €4.3 billion (~$4.6 billion) in the calendar year (CY) 2022, an increase of 11.7%...

February 23, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Project Finance Brief: Iberdrola Receives $160 Million for Wind and Solar Projects

From: Mercom Capital Group Iberdrola, a Spanish multinational electric utility, received a €150 million (~$160 million) green loan agreement from the European Investment...

February 15, 2023

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Staff

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Finance and M&A

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Other
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Norway’s Wealth Fund to Buy 49% Stake in Iberdrola’s Solar, Wind Projects

Norway’s sovereign wealth fund Norges Bank Investment Management has signed an agreement to acquire a 49% stake in Iberdrola’s upcoming renewable energy portfolio...

January 17, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Increased Investment in Renewables Drives Iberdrola’s Net Profit Up 29% in 9M 2022

Iberdrola recorded a net profit of €3.1 billion (~$3.07 billion) in the first nine months (9M) of 2022. The net profit rose 29% year-over-year (YoY), driven by strong...

November 2, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Suzlon to Develop 145 MW of Wind Projects for Aditya Birla Group

Here are some noteworthy cleantech announcements of the day from around the world: Suzlon will develop 144.9 MW wind power projects for the Aditya Birla Group. The...

October 18, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: UPNEDA Awards 1.8 MW Off-Grid Solar Project to Servotech

Here are some noteworthy cleantech announcements of the day from around the world: Servotech Power Systems has been awarded a Letter of Intent by the Uttar Pradesh New...

September 28, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Iberdrola to Supply 590 MW of Solar Power to PepsiCo’s Facilities in Spain and Portugal

Global electric utility company Iberdrola and American food and beverage corporation PepsiCo signed a long-term power purchase agreement (PPA) under which Iberdrola will...

July 15, 2022

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Gourav Mishra

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Solar

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Utility Scale
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Daily News Wrap-Up: JBIC Loans PFC $220 Million for Renewable Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: Power Finance Corporation (PFC) signed a loan agreement for ¥30 billion (~$220.83...

July 11, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: Tata Motors Partners with Lithium Urban to Deploy 5,000 Electric Cars

Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors signed a memorandum of understanding with Lithium Urban Technologies, an...

April 27, 2022

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Satish Shetty

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Other

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Renewable Energy
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Scottish Power Acquires 800 MW of Solar Projects From Elgin and Lightsource bp

ScottishPower, a subsidiary of Iberdrola Group, has signed deals to acquire 17 solar photovoltaic (PV) projects with over 800 MW capacity in the United Kingdom. The...

January 18, 2022

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Harsh Shukla

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Finance and M&A

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Solar

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