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Iberdrola’s power production from renewables down 8.7% in Q1 2019

Offshore wind farm. Photo by: Iberdrola (www.iberdrola.com).

April 15 (Renewables Now) - Iberdrola SA (BME:IBE) produced globally 17,114 GWh of electricity from renewables in the first quarter of 2019, down by 8.7% on the year, according to the provisional data the Spanish energy company published on Friday. 

The share of renewables in Iberdrola’s net electricity production was 44%. 

During the first trimester, offshore wind saw an increase of 58% in net electricity production, followed by mini-hydro with 21.2%. Production from solar and other unnamed resources increased by 243.6% year-on-year.

Provisional generation details by country are available in the table below:

Country Q1 2019 (in GWh) Y/Y change (in %)
Spain 6,246 -22.8
UK 1,520 -9.8
USA 4,222 -11.5
Mexico 487 43.8
Brazil 3,811 14.3
Rest of the world 828 57.4

The group's installed renewables capacity worldwide grew to 29,419 MW in March 2019 compared to 29,276 MW recorded in the same period last year, underpinned by the increase of onshore wind, mini-hydro and solar resources. Iberdrola’s data shows that the company added 216 MW of new onshore wind during the past year, while also increasing the capacity of mini-hydro, solar and other technologies by 88 MW combined. 

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Sladjana is the newest addition to the Renewables Now team. She has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry.

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