$IBDRY Increase Wind & Solar by 3,150 MW

EV Wind headline: Iberdrola increases its wind power and solar capacity by 3,150 MW to almost 39,000 MW worldwide
July 18, 2022 reve


Iberdrola remains faithful to its commitment to promoting the energy transition as the only way to accelerate decarbonisation and eliminate dependence on fossil fuels. Accordingly, the company has increased its installed renewable capacity by 9% worldwide in the last 12 months, to almost 39,000 MW – specifically 38,722 MW ‘green’ – according to data published today in the National Securities Market Commission (CNMV). This represents an increase of 3,150 MW in the last financial year.

With this advance, the company exceeds 59,522 MW of total capacity in the world, after increasing it by 6.6% in the last year. In this way, the Iberdrola group is making progress on its historic investment plan of 75,000 million euros by 2025, with which it aims to reach 60,000 MW of renewable installed capacity by 2025, which will exceed 90,000 MW by 2030.

Note: $IBDRY daily chart is threatening a breakout from a long down trendline. Notice the fat dividend in this one too:


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