Iberdrola SA has signed a deal to amass a not too long ago commissioned 42-megawatt (MW) photo voltaic plant in Lazio from Austria-headquartered CCE Group GmbH.
The transaction would increase the Spanish energy and fuel utility’s put in renewables technology capability in Italy to 400 WM, it stated in a press launch.
“The asset, which was commissioned lower than 6 months in the past, is supported by lengthy‑time period PPAs [power purchase agreements] that safe secure money flows”, Iberdrola stated.
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“The solar energy plant can be a part of the corporate’s Etruria Complicated, which is able to attain a complete capability of 174 MW because of this new web site, together with Montalto di Castro (23 MW), Tarquinia (33 MW), Montefiascone (7 MW), Limes 15 (33 MW), Limes 10 (18 MW) and Tuscania (18 MW).
“This plant additionally provides to Fenix, a 243 MW photovoltaic mission, the most important so far in Italy”.
“The transaction, which stays topic to customary closing situations, reinforces Iberdrola’s dedication to increasing renewable power technology in Italy”, Iberdrola added.
“The acquisition can also be totally aligned with the Group’s 2025-2028 strategic plan, which foresees complete investments of as much as EUR 58 billion [$68.29 billion] – of which EUR 21 billion can be allotted to technology initiatives with long-term contracts in international locations with sturdy credit score rankings and secure, predictable and enticing regulatory frameworks”.
At yearend 2025 Iberdrola’s put in capability rose three % towards 2024 to over 58.3 GW, “with emission-free supply accounting for 85 % (49.338 MW)”, in keeping with its outcomes report February 25, 2026.
As of 2025 Iberdrola’s greatest markets when it comes to energy manufacturing have been Spain (64,678 gigawatt hours), america (25,058 GWh), Mexico (11,667 GWh), Brazil (10,936 GWh) and the UK (7,368 GWh), in keeping with the report.
Moreover Italy, Iberdrola has progressed renewables capability growth in its different smaller markets in Europe.
Earlier this yr Iberdrola put into operation a 65-MW photo voltaic plant in Saxony-Anhalt, Germany. The plant provides Salzgitter AG to help its inexperienced metal manufacturing, in keeping with an Iberdrola assertion January 7.
Additionally in 2026 it launched set up for battery power storage programs on the Alcochete I and Algeruz II photo voltaic crops within the Portuguese district of Setúbal.
“The batteries for each initiatives will present a mixed storage capability of 180 MWh-100 MWh at Alcochete I and 80 MWh at Algeruz II – and a complete output capability of 45 MW (25 MW and 20 MW, respectively)”, Iberdrola stated in a media launch March 31. “Collectively, they are going to be capable of provide electrical energy for as much as 4 hours to greater than 10,000 properties”.
In one other Portuguese mission, Iberdrola secured a EUR 175-million mortgage from the European Funding Financial institution to construct two wind farms with a mixed capability of 274 MW, sufficient for 400,000 individuals in keeping with the corporate.
To be built-in into Iberdrola’s Tâmega pumped storage hydropower complicated, the wind farms can be a part of “the primary mission with a hybrid connection between pumped storage and wind energy in Portugal and one of many largest power initiatives within the nation”, Iberdrola stated in a information launch January 15.
In Poland, Iberdrola in 2026 secured EUR 44 million in funding from the Polish Nationwide Fund for Environmental Safety and Water Administration for 3 BESS initiatives with a collective capability of 160 MW, as introduced by Iberdrola January 30.
To contact the writer, electronic mail jov.onsat@rigzone.com
