News
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28/12/2021Siemens Gamesa and Iberdrola sign contracts to maintain nearly 2 GW at 69 wind farms in Spain and Portugal Siemens Gamesa and Iberdrola have signed maintenance service contracts for a total of 1,928 MW across 69 of the energy group's wind farms in Spain and Portugal for a period of between three and five years. These include 1,963 wind turbines from the G4X (660 kW unit power), G5X (850 kW), G8/9X (2.0 MW), Siemens Gamesa 2.X (SG 2.1-114 and SG 2.6-114) and Siemens Gamesa 3.X (SG 3.4-132) platforms. With these new contracts, Siemens Gamesa consolidates its position as Iberdrola's main provider of operation and maintenance services in the region. These are new contracts and renewals. The maintenance of the wind farms included in these contracts requires the work of around 160 employees. The wind farm technicians are usually located in the rural areas where the wind farms are located, so wind farm maintenance supports local activity and employment. The maintenance work applied to these types of turbines, the oldest in Iberdrola's fleet, allows them to significantly maximise their level of efficiency, as well as extending their useful life in the medium and long term. Siemens Gamesa, in addition to offering operation and maintenance services, is working on programmes to maximise energy production, improve availability and optimise operation and maintenance (O&M) costs throughout the turbine's useful life. In this regard, the agreement reached between Siemens Gamesa and Iberdrola also contemplates design modifications and improvements to the fleet during the term of the maintenance contracts, with the aim of modernising the fleet and safely improving wind turbine output. "It is a great satisfaction to have reached such an important agreement with Iberdrola, not only because of the size of the operation, but also because it allows us to strengthen our relationship with one of our main customers. With these agreements, we can also go beyond the usual maintenance tasks and offer solutions that the market will increasingly demand, such as upgrading existing turbines to increase energy production while lowering the cost of operation and maintenance," said John Paul Larrañeta, CEO of Siemens Gamesa Services for Southern Europe and Africa. Following this transaction, Siemens Gamesa will now manage the maintenance of 14 MW for more than 340 customers in 12 countries in Southern Europe and Africa. READ MORE
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26/12/2021Iberdrola awards Vestas wind turbine supply contract for Polish project Iberdrola is advancing its renewable energy footprint in Poland, one of the company’s new growth markets, with a new turbine supply and installation contract signed with Vestas for the Korytnica II windfarm. The 50.4-MW project, located in Mazowieckie voivodeship, Northeast of Warsaw, will comprise 14 x V126-3.45 MW turbines in 3.6 MW operating mode at a hub height of 132 metres. Construction will be carried out by civil engineering company CJR renewables, which built Korytnica I (82.5 MW) back in 2015. Works are set to begin before the end of the year with wind turbine delivery expected to begin in the fourth quarter of 2022. The project will be serviced by Vestas under a long-term service agreement. The production of Korytnica 2 is covered through a corporate PPA with support from Poland’s fourth Contracts for Difference (CfD) auction which took place in June 2021. With full commissioning of Korytnica II scheduled for the beginning of 2023, Iberdrola’s onshore wind capacity in Poland will then reach 163 MW, including existing operational wind farms Korytnica I (82.5 MW) and Zopowy (30 MW). Iberdrola is also developing an offshore wind pipeline in Poland that includes seven offshore projects with a potential capacity of up to 7,300 MW. Green investments to promote economic recovery For two decades, Iberdrola has been leading the energy transition, acting as a driving force in the green economic recovery, job creation and the transformation of industries. The company has launched a major €75 billion investment plan for the period 2020-2025 , with the aim of doubling its renewable capacity and seizing the opportunities of the energy revolution facing the world's leading economies. After twenty years promoting the energy transition, with investments of €120billion euros, Iberdrola is a leader in renewable energy, with an installed capacity of over 37,000 MW, making its generation fleet one of the cleanest in the energy sector. With emissions of 98 grCO2/kWh, two-thirds lower than the European average, Iberdrola's strategy of investing in clean energy and grids will make it a carbon neutral company in Europe by 2030. READ MORE
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23/12/2021Barcelona receives the first Caetano hydrogen bus that will soon be refuelled at Iberdrola's green H2 plant This week the first of eight state-of-the-art hydrogen fuel cell buses built by CaetanoBus arrived at a Transports Metropolitans de Barcelona (TMB) depot. At the same time, Iberdrola has already begun to produce green hydrogen at its Zona Franca facility, where these city buses will soon be supplied, thus kicking off the project to apply this innovative technology to decarbonise public transport and move towards a new mobility with zero polluting emissions. This is the first time that this type of renewable energy vector has been generated in Spain for commercial use, making both companies pioneers in the decarbonisation of heavy urban mobility. The vehicle recently delivered by Caetano, the H2 City Gold LHD model, will follow the usual process for TMB fleet additions before beginning a period of testing without passengers. It will then enter commercial service on a regular line in 2022. As planned, this innovative bus, which emits only water vapour, will be fuelled with green hydrogen (around 20 kilos per day) at the refuelling plant located in the Zona Franca industrial estate, near the depot where it will be based, promoted by TMB and owned by Iberdrola, which has a grant from the Connecting Europe Facilities for Transport programme of the European Executive Agency for Climate, Infrastructure and Environment (CINEA). The start-up of the Zona Franca hydrogen plant, which has been completed in less than a year, will enable the creation of a green hydrogen hub in one of the country's most important industrial areas. In addition, the installation will allow supplying the rest of the fleets and industries in the industrial estate that adopt this vector as an energy solution and the aim is to generate a tractor effect on everything related to this technology, in line with the principles of the European Hydrogen Strategy and the Hydrogen Roadmap of the Ministry for Ecological Transition and the Demographic Challenge. The new zero-emission hydrogen bus manufactured by CaetanoBus for TMB is a standard bus, 12 metres long, with a lightweight aluminium body with three doors. The hydrogen system incorporates the Toyota fuel cell, with 60 kW rated power and five type 4 hydrogen tanks with a total capacity of 37.5 kg H2 storage. The Siemens traction motor delivers a maximum output of 180 kW and the ELFA 2 voltage inverter, also from Siemens, manages all the engine power. The hydrogen system is complemented by the LTO lithium-ion technology traction batteries with a total capacity of 44 kWh, where the energy generated by the fuel cell and the energy generated by the regenerative braking system is stored. Laia Bonet, President of TMB, referred to the forthcoming start of the hydrogen bus project as "a milestone for our company, for Barcelona and for the metropolitan area, becoming a benchmark in terms of innovative solutions for sustainable mobility. This is precisely what we are seeking with our TMB 2025 Strategic Plan, and that is why we are going to increase the number of hydrogen buses and our commitment to green energies in general in successive years". For Millán García-Tola, Iberdrola's Global Hydrogen Director, the start-up of this facility means that the commercialisation of green hydrogen in Spain is now a reality thanks to the first production of this energy vector in an Iberdrola project: "Thanks to the collaboration of pioneering and forward-looking companies, we have before us today a tangible and scalable example of a clean solution for heavy mobility. Green hydrogen is the perfect complement to electrification for the global decarbonisation of the economy". Patrícia Vasconcelos, CEO of CaetanoBus, says that being part of this project is an honour for the company: "To have a Caetano bus included in TMB's Strategic Plan is a source of pride for us as we can, in this way, be present in a city like Barcelona and support the objectives of decarbonisation, investing in zero-emission buses". The adoption of green hydrogen by the TMB fleet is supported by the European JIVE 2 programme for the promotion of fuel cell and zero emission vehicles, co-financed by the European Union. The project is being promoted in collaboration with the Barcelona Metropolitan Transport Authority (ATM). READ MORE
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21/12/2021"Since the beginning of the pandemic, Iberdrola has awarded 22 billion euros in contracts and has maintained 400,000 jobs around the world" In the final stretch of 2021, Iberdrola Chairman Ignacio Galán reviews the actions taken by the company to contribute to the post-pandemic socio-economic recovery in El Periódico's special Perspectivas 2022. In an opinion article with an optimistic tone, as of 20 December, he highlighted the following ideas: * Confidence that the first months of the year will enable "a downward trend in the risks currently affecting the economy: coronavirus, inflation, high raw material prices and possible restrictions in the financial markets". With the conviction that "the electricity sector will maintain very significant growth rates and value creation ". * The importance of the social dividend and "the contribution to the development of the communities in which we operate, generating employment and strengthening the economy. Iberdrola has awarded more than 22 billion euros to suppliers since the beginning of the pandemic and its activity contributes to maintaining 400,000 jobs around the world". * The company's commitment to "maintain its objective of contributing to the fight against climate change and to decarbonisation with the development of renewable energy sources, grids and storage, with planned additional investments of 60 billion euros until 2025". You can read the full article at this link to the El Periódico website. READ MORE
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21/12/2021Grants to break inequality Iberdrola, through its foundation in Spain, and Fundación Empieza Por Educar (ExE) have signed in Madrid the renewal of an agreement to launch the STEM Scholarship programme. The Director General of the Fundación Empieza Por Educar, Beatriz Morilla, and the Director of the Fundación Iberdrola España, Ramón Castresana, signed the agreement. The event was also attended by Ilia Hernández, ExE Project Director; Silvia Rial, ExE Project Manager; Tomás Alonso, Principal of IES Francisco Tomás y Valiente; Jesús Fernádez, Head of Studies at IES Tomás y Valiente, and Teresa Rodríguez de Tembleque, Head of Training and Research at Fundación Iberdrola España. The project, which required an investment of 50,000 euros, is part of one of the main areas of activity of Fundación Iberdrola España: training and research to promote quality education. This two-year STEM scholarship programme seeks to professionally develop women with a specialisation in science and technology so that they can have a positive impact in and out of the classroom. The ultimate goal is to create a more equitable system for all children in the country. The scholarship recipients will teach students from socio-economically vulnerable backgrounds at an educational centre. In addition, the five grant holders will carry out a series of workshops within the framework of the "STEM 4 Girls" project aimed at secondary and vocational training students at the centre to work on different technological topics. Generally, these actions would be outside the school curriculum and are subjects that students do not usually have access to. The Iberdrola Spain Foundation Since its creation, Iberdrola has been committed to the energy, cultural, educational and social development of the communities in which it has a presence. In this regard, Fundación Iberdrola España represents a further step in this commitment by promoting initiatives that contribute to improving people's quality of life. It is also part of Iberdrola's commitment to excellence in training. Fundación Iberdrola España collaborates with scholarship programmes of various institutions such as the Fulbright Commission, which each year calls for Iberdrola-Fulbright scholarships; the Fundación Carolina, which has a programme for Mexican and Brazilian students; and the restoration workshops of the Museo Nacional del Prado and the Bilbao Fine Arts Museum, which allow future specialists to complete their training in the conservation and restoration programmes of these institutions. READ MORE
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20/12/2021Iberdrola awarded high-voltage substation in Brazil, with over €100 million investment Iberdrola, through its subsidiary Neoenergia, continues to accelerate its commitment to Brazil. In a competitive transmission auction held at São Paulo stock exchange, the Spanish company was awarded the construction and commissioning of a 500 kV substation to be located in Ibiraci, in the state of Minas Gerais, with an investment of over € 100 million. The award was granted by the Agência Nacional de Energia Elétrica (ANEEL), Brazil's electricity system regulator, in an international tender with the aim of attracting investment to upgrade and expand the country's transmission networks with award prices being, on average, 66% lower than those expected by the market. The project comprises the 500,000-volt Estreito substation with three -300/+300 Mvar synchronous compensators. The facility will provide greater reliability and operational flexibility in critical scenarios of high energy imports by the Southeast region, in addition to guaranteeing stability in São Paulo's high and medium voltage system. The maximum deadline for the entry into commercial operation established by ANEEL is 48 months, to be met in March 2026, although this deadline is expected to be brought forward. In line with the company's strategy, the investment, estimated at around €103 million, represents a significant increase in revenue generation and decisively expands the company's area of operation in the Southeast region. Some 1,700 direct jobs and numerous indirect jobs will be created during the construction of the project. Strengthening Neoenergia's presence in the transmission market, the asset presents synergies during the construction period with other company projects, which were fed into the detailed study prepared by the company for the bid. Commitment to Brazil Iberdrola, through its subsidiary Neoenergia, manages a distribution network of 540,417 km, covering a population of 34 million people. Neoenergia also has more than 3,730.3 megawatts (MW) of renewable energy in operation and provides electricity services to 15.7 million customers. The new transmission projects set to be commissioned by the company over the coming years will follow the group's efficiency strategy and produce a secure return for its shareholders, maintaining the focus on the business and generating an even more predictable cash flow. In addition, the group maintains its track record and commitment to investment and growth in the country. The decarbonisation of the economy and digital innovation require distribution networks for new electricity consumption models. Smart grids make a new interconnected electricity system possible that responds to the needs of users while guaranteeing the incorporation of more renewables, an essential pillar for the energy transition. With Iberdrola's new investment plan by 2030, the value of the group's regulated assets will rise to €60 billion. Following the acquisition of Neoenergia Brasilia, Iberdrola continues to invest heavily in distribution. This investment commitment is not limited to ensuring the country's economic growth but is also aimed at strengthening local communities. The company promotes local suppliers and collaborates with the communities where it operates. The group has set itself the 2030 target of bringing electricity to more than 16 million people who currently lack access as part of its Electricity for All programme. It also has schools for electricians, in which it seeks professional inclusion and gender equality. READ MORE
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17/12/2021Iberdrola awarded PPA for Commonwealth Wind, a US offshore wind farm with over $4 billion investment Iberdrola, through its subsidiary Avangrid, has been awarded a contract for the electricity supply from Commonwealth Wind offshore windfarm, as part of Massachusetts’ third offshore wind competitive procurement. The 1,232-megawatt (MW) project, New England’s largest offshore wind project to date, will create 11,000 full time equivalent jobs over its lifetime and generate enough energy to power 750,000 homes. “Commonwealth Wind will power hundreds of thousands of homes and businesses in Massachusetts with clean energy, creating thousands of local jobs across the supply chain. It will also be a key project in helping the U.S. to achieve the 30.000 MW offshore wind target by 2030” said Ignacio Galán, Chairman and CEO of Iberdrola and Chairman of AVANGRID. “After having invested $15 billion in 8.000 MW in onshore wind and solar, we are already leading the way in offshore wind energy the U.S. with the construction of Vineyard Wind One and Park City Wind. With 15 years of experience delivering projects across the world, Iberdrola and AVANGRID are working hard to ensure our investments are transformational for the environment and the economy, creating wealth and jobs. Our U.S. offshore wind pipeline alone could deliver over $15 billion of investment in the coming years”. Commonwealth Wind includes two transformative initiatives that convert former coal-fired power plants into clean energy centers that will serve to anchor offshore wind jobs throughout the state. Massachusetts' first submarine cable factory, operated by Prysmian, will be located at Brayton Point, Somerset, and a new offshore wind construction terminal will be built in Salem Harbor to serve the Park City Wind and Commonwealth Wind projects. Both initiatives will create new permanent jobs across Massachusetts and bring this new sector to life. Through Commonwealth Wind, the company has committed to invest $15 million in workforce training and supply chain development, based on the principles of diversity, equity and inclusion. It also plans to invest $20 million in education, innovation and environmental initiatives to benefit local communities. The project awarded today to Iberdrola group also consolidates Iberdrola's Offshore Wind Control Centre in New Bedford, a state-of-the-art facility that will provide remote control monitoring for the turbines, electrical service platforms and other offshore/onshore assets. Massachusetts aims to have 4 GW of contracted offshore wind capacity by 2027 and 5.4 GW operational by 2035. The state already has 1.6 GW under development, including 800 MW Vineyard Wind One, the first commercial-scale project that Iberdrola has begun construction in Martha's Vineyard waters. Iberdrola consolidates as the leading energy company in the United States Iberdrola's history in the United States is a story of growth. In less than two decades, the company’s subsidiary AVANGRID has been listed on the New York Stock Exchange, and it has become a major clean energy company in the country, present in 25 states. This is due to the significant commitment it made 17 years ago to renewables, with more than 8,000 MW installed capacity. The company manages more than 170,000 kilometres of power lines via eight utilities in New York, Connecticut, Maine and Massachusetts, serving a population of 7 million people, with 3.3 million direct customers. Iberdrola is one of the three largest wind and solar energy companies in the US and is a leader in offshore wind. It plans to invest more than $30 billion between 2020 and 2025 in transmission and distribution networks, and renewables, which will enable it to almost double its renewable capacity by 2025. These investments are aimed at increasing its presence in the offshore wind and solar sectors, as well as strengthening its leadership in onshore wind. The company is a pioneer in the development of the US offshore wind market. It recently began developing Vineyard Wind One (800 MW), the first large offshore wind farm in the country. Through its subsidiary Avangrid, it also owns the Kitty Hawk development area (2,500 MW) in North Carolina, has already started the BOEM permitting process for the Kitty Hawk North project (800 MW), the first project to be developed in this area, and manages other wind farms at an earlier stage of development. Global benchmark in offshore wind Iberdrola is a world leader in the development of offshore wind energy, with assets of more than 38,000 MW. Focused on countries with ambitious targets, the company expects to have 18,000 MW of offshore wind energy in operation by 2030 in different markets. In Europe, Iberdrola is at the forefront of the offshore wind market with 1,300 MW of operational capacity in Germany (Wikinger) and the UK (East Anglia ONE and West of Duddon Sands) and almost 1,000 MW coming soon in Germany (Baltic Eagle) and France (St. Brieuc). In addition to the US, it manages a large portfolio of projects in the UK, France and Germany, as well as in new growth platforms such as Ireland, Sweden and Poland. In the rest of the world, the company is consolidating new growth platforms in various regions, with a significant project pipeline in Asia (Japan and Taiwan), as well as in other emerging markets, such as Brazil. In 2020, offshore wind projects contributed €585 million to the Iberdrola group's EBITDA, after growing by 72%; this contribution will rise to €2.3 billion by 2030. READ MORE
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17/12/2021Ávila hosts the exhibition 'The Prado Museum in the streets' Ávila is hosting the exhibition 'The Prado in the streets', promoted by the Fundación Iberdrola España and the Museo Nacional del Prado, with the collaboration of the Junta de Castilla y León and the city council. This is the eighth location of this travelling exhibition, which began in Salamanca and made its last stops in Valladolid, León, Aguilar de Campoo, Burgos, Soria and Segovia, and which is touring the nine provinces of the region with the aim of raising awareness of the collections and the historical heritage attached to the Museo Nacional del Prado through various educational programmes and cultural dissemination activities. The exhibition, which recreates a visit to the museum by contemplating the paintings in their real dimensions, living an experience similar to that of standing in front of an authentic work of art, can be visited between 17 December and 17 January at the Paseo del Rastro, one of the city's most emblematic spaces. This successful cultural initiative was inaugurated this morning by the Mayor of Ávila, Jesús Manuel Sánchez; the President of Fundación Iberdrola España, Fernando García; the Regional Minister of Culture and Tourism of the Junta de Castilla y León, Javier Ortega, and the General Coordinator of Education of the Museo Nacional del Prado, Ana Moreno, and will bring 50 of the most important works from the Museum's Permanent Collection to the people of Ávila through life-size photographic reproductions. A journey through the history of Western art This large open-air exhibition, which is curated by Fernando Pérez Suescun, Head of Educational Content at the Prado Museum, will allow visitors to take a journey through the different schools that make up the artistic panorama of the Prado's permanent collection and to learn about the history of Spain, Europe and Western art in general through the great masters of painting. The Spanish, Italian, Flemish, French, German and Dutch schools will be represented by their leading figures from the 12th century to the early 20th century. The exhibition also has bilingual information panels and posters for each of the works that provide information on the history of the Museum and its collections. The reproductions are shown on a scale of 1:1, so that, due to the dimensions of the exhibition supports, only a magnificent and grandiose detail of the work can be shown of some of the large paintings, which can be seen in full on the explanatory poster. After the great success of the exhibition during the Museum's Bicentennial celebrations, "The Prado in the Streets" toured around Castilla-La Mancha until 26 April. In almost two years, thousands of visitors have been able to admire some of the wonders that the Museum treasures in faithful reproductions, reinforcing culture through daily visits and always respecting the anti-COVID19 safety regulations in force. "The Prado in the Streets" began its journey through Castilian and Leonese lands, specifically in Salamanca on 30 April, and, over the course of ten months, it has toured other cities in Castilla y León, in addition to Salamanca, Valladolid, León, Aguilar de Campoo, Burgos, Soria and Segovia. Its last stop, Ávila, where it is being presented today, will be Benavente, where the exhibition will be on display. Fundación Iberdrola España, Supporting Member of the Prado Museum Fundación Iberdrola España develops one of its main lines of activity around the care and maintenance of the cultural and artistic wealth of our country. It has collaborated with the Prado Museum since 2010 by supporting the conservation and restoration programmes of the art gallery, as well as in the development of 4 annual scholarships for young restorers. It also promoted the Extraordinary Programme for the Commemoration of the Bicentenary of the Prado Museum and, specifically, the deployment of this travelling exhibition in Spain, which continues to be a great success. Since 2011, Fundación Iberdrola España has allocated a total of 13 million euros to the Art and Culture area, which focuses its resources mainly on the Restorations Programme, which supports the restoration workshops of leading museums for the conservation of their pictorial and artistic heritage; and the Lighting Programme, which includes the design, execution and financing of artistic lighting projects in unique buildings and monuments. READ MORE
