Amazon and Iberdrola continue their expansion in the renewable energy market with the signing of new PPAs totaling 476 MW. This latest step in their collaboration strengthens their presence in key strategic markets, particularly in Europe, where new projects will be developed in Portugal and Spain.
First entry into Portugal
For the first time, Amazon has signed a power purchase agreement in Portugal for 219 MW from the Tâmega Wind Complex. This project, set to begin construction in 2025, is the country’s largest green hybridization project. It will benefit from the existing infrastructure of the Tâmega hydroelectric complex, optimizing the connection to the grid.
Strengthening the Spanish portfolio
In Spain, the agreement between Amazon and Iberdrola includes two new projects combining solar and wind energy for a total capacity of 257 MW. The Ciudad Rodrigo photovoltaic solar plant in Salamanca will provide 212 MW, generating enough electricity to supply approximately 150,000 homes per year.
Additionally, a contract has been signed for the purchase of 45 MW from the Valdemoro wind farm in the province of Burgos. This site, with an installed capacity of 49.5 MW, consists of eleven wind turbines with a height of 107.5 meters and a rotor diameter of 145 meters. Its production will cover the equivalent of 48,000 households.
An expanding strategic collaboration
Since the beginning of their partnership in 2022, Amazon and Iberdrola have signed multiple power purchase agreements. With this latest expansion, Amazon’s total commitment now exceeds 66,000 GWh of renewable energy purchased from Iberdrola over the duration of all signed PPAs.
In addition to these investments, both companies are also collaborating in the technology sector. In August 2024, Iberdrola selected Amazon Web Services (AWS) as its preferred provider for generative artificial intelligence. This integration helps improve grid connection management and optimize wind farm layouts.
