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Top related persons:
Ignacio Galán - 3 CNBC's Charlotte Reed - 1 Dado Ruvic - 1 Ignacio Galan - 1 Mohamed Jameel Al Ramahi - 1 Germany's - 1 Iberdrola - 1 Pietro Lombardi - 1
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Massachusetts U.S MADRID UAE Germany Britain United States Dubai
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REUTERS - 1 East Anglia - 1 Masdar - 1 China - 1 Thomson - 1

Search resuls for: "Ignacio Galán"


8 mentions found


☆ General Electric will solve Vineyard Wind turbine blade malfunctions, Iberdrola chairman says
  + stars: | 2024-09-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeneral Electric will solve Vineyard Wind turbine blade malfunctions, Iberdrola chairman saysIgnacio Galán, executive chairman at Iberdrola, discusses what the company and its vendor are doing to recover debris following damage to one of its wind turbines at its Vineyard Wind site in Massachusetts.
Persons: Ignacio Galán Locations: Massachusetts
☆ 'Grid is crucial' and the U.S., UK are pushing us to invest more, Iberdrola chairman says
  + stars: | 2024-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Grid is crucial' and the U.S., UK are pushing us to invest more, Iberdrola chairman saysIgnacio Galán, the chairman of Iberdrola, emphasises the importance of investment in the grid in an exclusive interview with CNBC's Charlotte Reed.
Persons: Ignacio Galán, CNBC's Charlotte Reed Locations: U.S
☆ Renewable companies are being penalised with taxes, says Iberdrola exec chairman
  + stars: | 2024-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenewable companies are being penalised with taxes, says Iberdrola exec chairmanIgnacio Galán, executive chairman of Spanish utility Iberdrola, discusses the outcomes of COP28 and the future of the energy industry.
Persons: Ignacio Galán
☆ Iberdrola and Masdar to invest $16 billion in green energy
  + stars: | 2023-12-05 | by ( Pietro Lombardi | ) www.reuters.com   time to read: +2 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Iberdrola SA FollowRwe Ag FollowMADRID, Dec 5 (Reuters) - Spanish renewable energy giant Iberdrola (IBE.MC) and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States. The agreement announced on Tuesday follows a pledge by 118 countries at the COP28 climate summit in Dubai to triple the world's renewable energy capacity by the end of the decade as they seek to wean themselves off fossil fuels. "Reaching this goal will require immediate action from these governments and the private sector," said Iberdrola Executive Chairman Ignacio Galan. "With an abundance of wind resources, the UK and Europe are prime markets for Masdar," said Masdar Chief Executive Mohamed Jameel Al Ramahi. Last week Masdar and Germany's RWE (RWEG.DE) said they would co-develop a 3 GW wind project off the coast of Britain.
Persons: Dado Ruvic, Ignacio Galan, Mohamed Jameel Al Ramahi, Germany's, Iberdrola, Pietro Lombardi, Jakub Olesiuk, Kirsten Donovan, David Goodman Organizations: REUTERS, East Anglia, Masdar, China, Thomson Locations: MADRID, UAE, Germany, Britain, United States, Dubai, Iberdrola's, East, Spanish, Europe, Baltic
☆ Iberdrola does not generate windfall profit in Spain, executive chairman says
  + stars: | 2023-03-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIberdrola does not generate windfall profit in Spain, executive chairman saysIgnacio Galán, executive chairman of Iberdrola, discusses issues around windfall tax in Spain, saying the company will defend shareholder interests, and shares his expectations for investing in Europe and the U.S.
☆ Fossil fuels are a problem for self-sufficiency in the future, says Iberdrola executive chairman
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFossil fuels are a problem for self-sufficiency in the future, says Iberdrola executive chairmanIgnacio Galán, executive chairman of Spanish renewable energy company Iberdrola, discusses the energy transition with CNBC's Joumanna Bercetche at Davos 2023.
☆ Spain's Iberdrola to invest $47 bln in energy transition in 2023-25
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +4 min
Some 17 billion euros of the 47 billion total investment will go on renewables. In its last strategy update, Iberdrola said it planned to invest 75 billion euros in renewable energy, grids and retail operations from 2020-2025. Iberdrola currently has 40 GW of renewables capacity, new chief executive Armando Martinez told the compay's capital markets day in London. Net profit should increase to 5.2-5.4 billion euros by 2025 from an expected 4-4.2 billion euros in 2022, Iberdrola said. It also aims for earnings before interest, taxes depreciation and amortisation (EBITDA) of 16.5 billion-17 billion euros by 2025, up from 13 billion euros in 2022 and above analyst consensus of 12.6 billion euros.
☆ Analysis: Energy market turmoil shakes Europe's green power plan
  + stars: | 2022-11-03 | by ( Susanna Twidale Isla Binnie Kate Abnett | Susanna Twidale | Isla Binnie | ) www.reuters.com   time to read: +7 min
But even if the bloc's 27 member countries reach agreement on the plan, to enforce it they must overcome rising costs and uncertainties linked to power market reforms triggered by the price surge linked to war in Ukraine. As energy prices have increased all costs, including of the materials needed for renewable infrastructure, investment models built on low prices for renewably-produced electricity are in doubt. RECORD PRICES, EXTREME UNCERTAINTYFar-reaching inflation, driven by expensive energy, has led governments to seek to cap wholesale energy costs and consider reforming markets after years of stability. The wholesale benchmark German baseload front year electricity price hit a record above 1,000 euros per megawatt hour (MWh) on Aug. 29. Beyond the short-term fixes, the EU plans a major overhaul of its electricity market to decouple the price of electricity from the price of gas.
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