Iberdrola Signs Clean Power Purchase Agreements in Italy, Cumulative Electricity Sales Reach 5 Million MWh

en.Wedoany.com Reported - Iberdrola has reached a cumulative total of 5 million MWh of electricity sold in Italy through long-term clean power purchase agreements. This milestone was achieved following the signing of five new agreements with major Italian companies across the chemical, manufacturing, and food and beverage sectors. The electricity supplied under these contracts is supported by 90 MW of new photovoltaic capacity installed across various locations in Italy.

These agreements were signed through the Italian government's "Energy Release 2.0" mechanism, which aims to accelerate renewable energy development, provide more stable electricity prices for commercial users, support industrial decarbonization, and reduce companies' exposure to volatile energy markets. Iberdrola stated that these agreements strengthen its role as a strategic industrial partner in Italy, while expanding its long-term renewable energy asset portfolio across Europe and globally. The company now covers power purchase agreements in multiple international markets, including Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil, and Australia.

According to Pexapark's "Renewable Energy Market Outlook 2026" report, Iberdrola has led the European PPA market for the third consecutive year. The company stated that these agreements are part of a broader strategy aimed at promoting industrial electrification, strengthening relationships with large energy users, and supporting a more secure and sustainable energy system.

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