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The UK has awarded almost 5 GW of new offshore wind projects, marking a comeback for the sector after a year without contracts. However, the gap to be bridged to reach 55 GW by 2030 remains significant.
The UK has awarded almost 5 GW of new offshore wind projects, marking a comeback for the sector after a year without contracts. However, the gap to be bridged to reach 55 GW by 2030 remains significant.
Portugal reached a historic milestone in 2024, reducing the share of fossil fuels to 10% of its electricity production. This result places the country among the European leaders in energy transition.
Portugal reached a historic milestone in 2024, reducing the share of fossil fuels to 10% of its electricity production. This result places the country among the European leaders in energy transition.
Spanish group Iberdrola saw its net profit jump 85% in the first quarter of 2024, reaching 2.76 billion euros thanks to strategic disposals, despite a decline in sales amid falling electricity prices.
Spanish group Iberdrola saw its net profit jump 85% in the first quarter of 2024, reaching 2.76 billion euros thanks to strategic disposals, despite a decline in sales amid falling electricity prices.
Avangrid and Statkraft sign a VPPA in the USA, using RECs from the Streator Cayuga Ridge South wind farm in Illinois.
Avangrid and Statkraft sign a VPPA in the USA, using RECs from the Streator Cayuga Ridge South wind farm in Illinois.
Iberdrola and Amazon sign a renewable energy purchase agreement for 159 MW of the East Anglia THREE offshore wind farm in the UK.
Iberdrola and Amazon sign a renewable energy purchase agreement for 159 MW of the East Anglia THREE offshore wind farm in the UK.
Japan selects GK Happo Nioshiro Offshore Wind consortium for 375 MW offshore wind farm.
Japan selects GK Happo Nioshiro Offshore Wind consortium for 375 MW offshore wind farm.
The European Investment Bank (EIB) has approved a 700 million euro green loan to develop Iberdrola's electricity distribution network in Spain, marking a major step forward in the country's energy transition.
The European Investment Bank (EIB) has approved a 700 million euro green loan to develop Iberdrola's electricity distribution network in Spain, marking a major step forward in the country's energy transition.
The Valdecañas pumping project, authorized by the French Ministry of Ecological Transition and Demographic Challenge, promises to optimize the energy potential of the Tagus River by seasonally storing excess energy in the Spanish Valdecañas reservoir.
The Valdecañas pumping project, authorized by the French Ministry of Ecological Transition and Demographic Challenge, promises to optimize the energy potential of the Tagus River by seasonally storing excess energy in the Spanish Valdecañas reservoir.
Spanish energy giant Iberdrola has announced the abandonment of its proposed $4.3 billion purchase of PNM Resources, following regulatory hurdles.
Spanish energy giant Iberdrola has announced the abandonment of its proposed $4.3 billion purchase of PNM Resources, following regulatory hurdles.
The alliance between Iberdrola and Masdar promises to revolutionize the green energy sector, with a major investment in offshore wind power and green hydrogen.
The alliance between Iberdrola and Masdar promises to revolutionize the green energy sector, with a major investment in offshore wind power and green hydrogen.

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