in News Departments > New & Noteworthy
print the content item

Spanish utility company Iberdrola has announced that it will invest $8 billion in the U.S. renewable energy market during the period of 2008-2010.

According to Ignacio Galan, president of Iberdrola, the company's goal is to more than double its wind power capacity in the U.S., where at the end of the first quarter of 2008 it had almost 2,400 MW of power and plans to finish the year with 3,600 MW.

In addition, Galan says that Iberdrola hoped to reach a quota of 15% of growth in the wind power market in North America by 2010.

SOURCE: Iberdrola

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Canwea_id1984
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032
Renewable NRG_id1934