We surpassed 41,300 MW of green capacity worldwide, raising our emission-free production ratio to 81%
We closed the nine months of 2023 with 41,303 MW of green installed capacity, an increase of 5.5% compared to the same period last year. Led by onshore wind, renewable production reached 58,742 GWh so far this year, 6.1% more than in the same period of the previous year, an increase that brings our emission-free production ratio to 81%.
We continue to advance in our renewable strategy, as the only way to reduce dependence on fossil fuels and promote energy self-sufficiency, which is so necessary at a critical time like the present. Accordingly, our renewable energy production stood at 58,742 GWh after nine months of 2023, according to the energy balance sheet data [PDF] submitted to the CNMV on 13 October. A growth in renewable production necessarily accompanied by a decisive investment in grid infrastructure, key to achieving the energy transition, reaching 41.3 billion euros in assets.
Our commitment to clean energy has led to strong growth of 45.6% in photovoltaic capacity in the last 12 months - with 1,697 MW of new installed capacity - and stands at 5,420 MW at the end of the third quarter of 2023.
Installed capacity, Net production and Other data at 2023 9M.
(*) Note: Total MW under management. For operational purposes IFRS 11 is not being applied.
About the Iberdrola Group capacity map
The Iberdrola facility map is an interactive way of viewing the company's main global operating data: the installed capacity of each technology, net electricity production and other data including distributed power, supply points and the group's customers in all the countries in which we operate.
The information on this map is updated every quarter, based on the results for the period, and it breaks down the installed capacity in each country and region according to the electricity generation technologies operated by the group: renewables (onshore wind, offshore wind, hydroelectric, mini-hydraulic, battery storage, solar and others); nuclear; combined cycle and cogeneration.