iberdrola

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Daily News Wrap-Up: CERC Approves Evacuation of 4.5 GW of Renewable Power in Gujarat

The Central Electricity Regulatory Commission has granted a transmission license to POWERGRID Khavda II-C Transmission, a wholly owned subsidiary of Power Grid...

August 3, 2023

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Mercom Staff

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Daily Wrap-up
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Iberdrola Records Marginal Increase in Q2 Profit, Solar Capacity Reaches 5 GW

Spain-based independent power producer Iberdrola recorded a net profit of €1.04 billion (~$ 1.14 billion) during the second quarter (Q2) of the financial year (FY) 2023,...

August 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Funding and M&A Roundup: EV Charging Solutions Provider EVOS Raises $5 Million

From: Mercom Capital Group EVOS, an electric vehicle (EV) charging solutions provider, secured $5 million from its existing investors. The investment will enable the...

July 12, 2023

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Damodar Valley Corporation’s 8 MW Solar EPC Auction

Engineering and consulting firm Gensol Engineering has been awarded the engineering, procurement, and construction contract by the Damodar Valley Corporation for an 8 MW...

July 11, 2023

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Mercom Staff

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Daily Wrap-up
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Spain-based Utility Iberdrola Raises $931 Million Through Green Bonds

Spain-based independent power producer Iberdrola has issued ten-year green bonds raising about €850 million (~$930.64 million). The proceeds from the bond issuance will...

July 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Project Finance Brief: AMPYR Secures $215 Million Project Finance Facility

From: Mercom Capital Group AMPYR Solar Europe, an independent solar power producer, has secured a €200 million (~$215 million) project finance facility with Rabobank to...

June 14, 2023

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Staff

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Finance and M&A

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Solar
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Iberdrola Secures $1 Billion from EIB to Build 22 Renewable Energy Projects

Spain-based independent power producer Iberdrola and the European Investment Bank (EIB) have signed a loan agreement worth €1 billion (~$1.07 billion) to bolster the...

June 13, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Rooftop Solar Capacity Grew 6.4% YoY in Q1

In the first quarter (Q1) 2023, 485 MW of rooftop solar capacity was added, up 0.4% compared to 483 MW in Q4 2022. In a year-over-year (YoY) comparison, installations...

June 2, 2023

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Mercom Staff

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Daily Wrap-up
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Iberdrola, Norges Bank Ink $1.3 Billion Deal to Develop 1.26 GW Renewables

Spain-based independent power producer Iberdrola and the sovereign fund of Norway, managed by Norges Bank Investment Management, have committed to a joint investment of...

June 1, 2023

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: States Levying Water and Air Cess on Power Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydro projects, after...

May 2, 2023

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SECI’s Empanelment Tender for 5 MW of Solar Projects

Solar Energy Corporation of India has invited bids to empanel vendors for developing up to 5 MW of rooftop and ground-mounted solar power projects. The projects will be...

March 31, 2023

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Mercom Staff

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Daily Wrap-up
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Iberdrola to Develop Renewable Projects Around the Globe for Amazon

Spain-based power producer Iberdrola and e-commerce company Amazon have announced a collaboration to develop new wind and solar projects in Europe, the U.S., and...

March 30, 2023

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Arjun Joshi

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Other

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Wind
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Iberdrola Partners Exiom to Build Module Manufacturing Facility in Spain

In partnership with solar module manufacturer Exiom, Spain-based utility company Iberdrola will develop the first large solar module manufacturing facility in Spain and...

February 23, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Strong Global Performance Drives Iberdrola’s Net Profit Up 12% in 2022

Spain-based independent power producer Iberdrola recorded a net profit of €4.3 billion (~$4.6 billion) in the calendar year (CY) 2022, an increase of 11.7%...

February 23, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy

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