Latest Updates: Iberdrola RSS

• US Wind Power Sector Blowing Strong
  Srikant Rajan 12:41:03 pm on August 9, 2008 | 0 | # |
  Tags: Iberdrola, renewable energy, US, wind power, wind turbine

  The first wind farm to be constructed in Arizona has already found buyers of its power yet to be produced.The Dry Lake Wind Project , being built by Iberdrola Renewable’s has entered  into agreement with Salt River Project (SRP), according to which SRP would purchase 100% of power generated by this wind farm.The contract also give SRP an option to buy additional power in case of capacity expansion.

  SRP’s optimistic estimation of power demand is partly governed by strong business sense .The existing transmission line in Arizona are in proximity with the proposed wind farm,which would save a significant amount of additional construction for building up transmission capabilities.And Iberdrola seems to have got right its market estimate regarding wind power viability . It had recently signed up with GE for delivery of 200 wind turbines .Judging by the present demand ,  Iberdrola  would find good use for all 200 of the wind turbines.

   

   

• Iberdrola Targeting US Wind Energy Sector
  Srikant Rajan 03:38:50 pm on May 19, 2008 | 1 | # |
  Tags: General Electric, Iberdrola, turbine, US, wind power

  Iberdrola a company based  in Bilbao, northern Spain has a major presence in the global wind energy sector.The company has an installed capacity of 2392MW in Spain, 3483MW abroad and nearly1,367 MW under construction worldwide.Iderbola has recently signed a contract with General Electric for supplying turbines with a total capacity of 300MW.Under the terms of this agreement,  Iberdrola  plans to acquire ,200 General Electric turbines of 1.5 MW capacity each, for delivery in 2010 to its wind farms in the United States.Iderbola is targeting a 15% share of the US wind power market by the year 2010 and expects to strengthen its presence in the US wind power market with the aid of such supply contracts.