Iberdrola's renewables jack up output by 14% y/y in H1 2021

The Cordel-Vidural, Capiechamartín and Panondres wind farms in Asturias. Image by Iberdrola (www.iberdrola.com)

Spain’s Iberdrola SA (BME:IBE) produced 41,021 GWh of power from its renewables worldwide in the first half of 2021, increasing the total net output by 14.0% year-on-year, the utility said in its preliminary energy report.

Production levels rose as Iberdrola boosted its installed renewable energy capacity by 8.7% year-on-year to arrive at 35,537 MW of global green power in June 2021, the report shows.

The increase in solar power capacity was the most notable -- to 2.207 MW in June 2021 from 1,282 MW a year ago, which led to a 108.9% boost in production. Also, Iberdrola’s battery storage capacity was nil in June last year, and 82 MW at the end of this year’s first semester.

More details are summarised in the table below:

Technology:	January-June 2021		Installed capacity at end June 2021 (in MW)	Installed capacity at end June 2020 (in MW)
Technology:	GWh	Y/Y change:	Installed capacity at end June 2021 (in MW)	Installed capacity at end June 2020 (in MW)
Onshore wind	21,161	7.2%	18,810	16,972
Offshore wind	2,262	17.4%	1,258	1,258
Hydro	15,942	19.7%	12,864	12,864
Mini-hydro	399	2.5%	302	306
Solar	1,258	108.9%	2,207	1,282
Batteries	N.A.	N.A.	82	--

In the first six months of 2021, net power production from renewables increased in all of Iberdrola’s markets except in the US, where it dropped by 2.3% year-on-year. The biggest boost in production was recorded in Mexico, up by 102.5%, thanks to a surge in output from onshore wind farms and solar parks.

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