Acciona has 7,500 MW in renewables pipeline, CEO says

El Cortijo windfarm in Tamaulipas, Mexico. Source: Acciona (www.acciona-energia.com)

May 31 (Renewables Now) - Spain’s Acciona SA (BME:ANA) has a pipeline consisting of renewable energy projects totalling 7,500 MW to be developed worldwide, CEO Jose Manuel Entrecanales said at the general shareholders’ meeting on Thursday.

These projects are split almost 50/50 between solar and wind and are located mainly in Mexico, Australia, Chile, the US and Spain. At present, the renewable energy and civil engineering company has 1,000 MW under construction.

In Spain, Acciona’s projects with grid-connection rights add up to 1,600 MW in total. The company’s goal is to boost that capacity to 2,000 MW in the next 18 months.

According to the sustainability report that was adopted at the shareholders’ meeting, Acciona’s installed renewable energy capacity was 9,627 MW in 2018. During the year, its power generation avoided emissions of 14.7 million tonnes of carbon dioxide (CO2) into the atmosphere.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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