in News Departments > New & Noteworthy
print the content item

Iberdrola Renewables has laid off approximately 50 of its U.S. employees. About half of those laid off work in the company's Portland, Ore., office.

Iberdrola made the decision based on "low energy prices, a poor economy and regulatory uncertainty," company spokesperson Jan Johnson told NAW.

"Energy has historically been a cyclical business, and we’re in a down cycle now," she said. "As a result, we had to make the difficult decision to lay off about 50 employees out of our nationwide staff of more than 900."

"Development will be selective as we right-size our pipeline to focus on our best opportunities," Johnson added, noting that Iberdrola will focus on the areas of grid integration, wildlife and safety.



Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965