Amazon and Iberdrola strengthen their partnership with 476 MW of new contracts

Amazon and Iberdrola are expanding their energy partnership with the addition of 476 MW of new power purchase agreements (PPAs). These agreements span five countries and mark a first entry into Portugal, further consolidating their presence in the European market.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

The Chinese turbine manufacturer has signed a strategic agreement with Mensis Enerji to develop an initial 4.5 GW wind power portfolio in Turkey, strengthening its position in a fast-growing regional market.
The Trump administration plans to revoke federal approval of the New England Wind project, jeopardising offshore wind contracts representing 2,600 MW of capacity off the northeastern US coast.
Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
SPIE Wind Connect will carry out subsea connections for phase II of the TPC project, a major development in Taiwan’s offshore wind sector with a projected annual capacity of 1,000 GWh.
Envision Energy launches its first project in Turkey in partnership with Yildizlar Group, adding 232 MW to the national wind capacity in Karaman province.
ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.
Energiekontor has closed financing for two wind projects in Verden, with a combined 94 MW, with construction starting this year and commissioning scheduled for 2027.
South Korea has rejected all projects using foreign turbines in its 2025 offshore wind auction, marking a strategic shift in favour of local industry and energy security.
The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
With an AUD$3 billion investment, ACEN launches one of Tasmania’s largest private projects, aiming for commissioning in 2030 and annual supply for 500,000 households.
In France, a 12.9 MW wind farm financed by local actors has been commissioned in Martigné-Ferchaud, showcasing an unprecedented model of shared governance between citizens, local authorities and public investment companies.
The governors of five states urged the Trump administration to maintain permits for threatened offshore wind projects, citing massive investments and jobs at stake in a nascent industry.
Green Wind Renewables is developing a 450 MW wind farm in the Wheatbelt region of Australia, with up to 75 turbines and an estimated annual output of 1.5 TWh.
German group RWE has commissioned five new power plants in France, adding 83 MW to its portfolio, following repeated successes in tenders organised by the Energy Regulatory Commission.
The 600 MW onshore wind farm in Laos achieves commercial operation four months early, injecting power into Vietnam via a 500 kV interconnection and consolidating an international financing package of $950mn.
Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.
Chinese manufacturer Dongfang Electric has installed a 26 MW offshore wind turbine in Shandong province, setting a double world record for power and rotor diameter.
Facing unforeseen cost increases and a tightening regulatory environment, Mitsubishi Corporation is pulling out of three offshore wind projects, casting doubt on Japan's renewable energy ambitions.
With 323 millions USD in cash, Polenergia strengthens its investments in offshore wind, solar and storage, targeting more than 2.3 GW of new energy capacity in Poland.
French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.

Log in to read this article

You'll also have access to a selection of our best content.