Naturgy has managed to consolidate in the first half of 2024 the record results obtained last year, now in a more competitive scenario marked by a sharp global decline in energy prices. The Group recorded an EBITDA of 2,846 million euros and a net income of 1,043 million euros, both at the same level as … Continue reading Naturgy consolidates record results and improves expectations for 2024
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Naturgy inaugurates five new photovoltaic plants (Gran Canaria I and II and Telde I, IV and V) in the municipality of Agüimes (Gran Canaria)
Naturgy leads the drive for the energy transition in the Canary Islands with the inauguration of five new photovoltaic plants in the municipality of Agüimes (Gran Canaria). The entry into operation of these facilities raises the Group’s renewable energy power in the region to 136 MW, which represents a production capacity of close to 380 … Continue reading Naturgy inaugurates five new photovoltaic plants (Gran Canaria I and II and Telde I, IV and V) in the municipality of Agüimes (Gran Canaria)
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Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
Spanish company Naturgy has started building a 300 MWp photovoltaic solar park at a site in the Extremadura region of western Spain, the company said on Friday. The plant, called Campo de Aranuelo, will be Naturgy’s largest solar photovoltaic installation in Spain, according to the group, which is investing more than 150 million euros in … Continue reading Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
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Naturgy develops 420 MW of photovoltaics near the old La Robla coal plant
Naturgy has obtained prior administrative authorization and administrative construction authorization from the Ministry for the Ecological Transition and Demographic Challenge for two photovoltaic plants in the surroundings of the old La Robla coal plant (León), which will total 420 megawatts (MW) of installed potency. These are the ‘La Pradera’ facilities, with an installed power of … Continue reading Naturgy develops 420 MW of photovoltaics near the old La Robla coal plant
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Naturgy starts three new photovoltaic plants in Castilla-La Mancha with 150 MW
The Group will invest more than 76 million euros in the Zorita I and Zorita II facilities, in Guadalajara, and Ocaña, in Toledo, which will increase renewable power in the region by 150 MW. The new plants will produce around 310 GWh of energy per year and will help avoid the emission of more than … Continue reading Naturgy starts three new photovoltaic plants in Castilla-La Mancha with 150 MW
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Naturgy will install a photovoltaic self-consumption plant in A Coruña
The installation will allow Cuatro Caminos to make more efficient use of its energy consumption and self-generate more than 18% of its own energy, thus avoiding the emission of 45 tons of CO2 into the atmosphere, which is equivalent to planting 28 hectares of forest. Naturgy promotes energy self-consumption as part of its commitment to … Continue reading Naturgy will install a photovoltaic self-consumption plant in A Coruña
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Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
Puerto del Rosario will generate energy equivalent to the annual consumption of 6,600 homes and will allow the reduction of 15,600 tons of annual CO2 emissions. With this project, Naturgy now has 14 renewable facilities in operation in the Canary archipelago.The development of the project has involved an investment of close to 10 million euros … Continue reading Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
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Naturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
Naturgy improved its EBITDA in 2023 to 5,475 million euros (+11%) and recorded a net profit of 1.986 billion (+20%), in a year marked by falling energy prices and a volatile scenario. The networks business obtained an EBITDA of 2,638 million (+7%) and the deregulated businesses, 2.949 billion (+15%). Some 90% of the investment was … Continue reading Naturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
Continue readingLongi will supply Naturgy with one million modules for photovoltaic projects in Spain
The Chinese photovoltaic module manufacturer Longi and Naturgy have signed a new agreement to supply panels to five of the electricity company’s projects in Spain throughout this year. Longi will ship just over one million modules of its Hi-MO 5 series, with a total production volume of 574 MWp. These bifacial modules feature a 21.3% … Continue reading Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
Continue readingNaturgy doubles photovoltaic (PV) self-consumption in its electrical network and already exceeds 38,000 connections
UFD, the Naturgy Group’s electricity distributor, has exceeded 38,000 self-consumption installations in its electrical network after doubling the number of connections made in its network in 2023. This figure of self-consumption already operational adds up to a power of 950 MW and represents an important milestone for the company in its commitment to the energy … Continue reading Naturgy doubles photovoltaic (PV) self-consumption in its electrical network and already exceeds 38,000 connections
Continue readingNaturgy begins its second photovoltaic in the United States
The Grimes project, with an investment of more than 285 million euros, will have a power of 210 MW that will supply renewable energy to more than 140,000 homes in the State of Texas. Naturgy continues to grow in the US with the start of construction of the Grimes project, its second large photovoltaic installation … Continue reading Naturgy begins its second photovoltaic in the United States
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Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
The company will invest 40 million euros in this new wind installation, located in the province of Tarragona, which will generate energy equivalent to the consumption of 26,700 homes. Naturgy maintains its commitment to the development of renewable energies in Catalonia, after the incorporation of four new wind farms to its portfolio in the Community. … Continue reading Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
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Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
The Merengue II wind farm is the company’s second in the region and the Puerta del Jerte photovoltaic plant, the second of this technology.The two new facilities, located in the Cáceres municipality of Plasencia, have allowed the creation of more than 860 direct and indirect jobs and will produce energy equivalent to the annual electricity … Continue reading Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
Continue readingNaturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
Naturgy released its financial results for the first six months of 2023 to the market, along with the strategic review for the 2025 horizon recently approved by its Board of Directors. These developments come after the company exceeded all objectives outlined in its 2018-2022 Strategic Plan. The first half of the year was characterised by … Continue reading Naturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
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Naturgy commissions two new wind farms in the Canary Islands
Agüimes and Camino de la Madera will produce wind energy equivalent to the annual consumption of more than 17,000 homes, and will contribute to reducing annual CO2 emissions equivalent to removing nearly 14,200 vehicles from circulation. The Agüimes wind farm makes this municipality in the Canary Islands one of those with the largest number of … Continue reading Naturgy commissions two new wind farms in the Canary Islands
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Naturgy grows its presence in Australia with a new wind farm
The new facility, Berrybank 2, has an installed capacity of 109 MW and will produce clean energy to power over 71,000 homes in the state of Victoria. Commencement of operation of the new wind farm coincides with the 15th anniversary of the energy group’s activity in Australia, a priority country for the company’s renewable energy … Continue reading Naturgy grows its presence in Australia with a new wind farm
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Naturgy increases its presence in wind power in Australia with a new wind farm
The new facility, Berrybank 2, has an installed capacity of 109 MW and will produce wind energy to supply more than 71,000 homes in the State of Victoria.The entry into operation of the new wind farm coincides with the 15th anniversary of the start of the activity of the energy group in Australia, a priority … Continue reading Naturgy increases its presence in wind power in Australia with a new wind farm
Continue readingNaturgy incorporates 900 MW of wind and solar energy with the purchase of Ardian’s assets in Spain
The energy company acquires from the Ardian infrastructure fund its portfolio of 422 MW of wind power already operational in Spain, as well as the hybridization projects on the same plants that add up to an additional 435 MW of solar power and are in an advanced state of development.In this way, Naturgy boosts its … Continue reading Naturgy incorporates 900 MW of wind and solar energy with the purchase of Ardian’s assets in Spain
Continue readingNaturgy advances in the construction of the second wind farm in Extremadura
The Minister of Ecological Transition and Sustainability of the Junta de Extremadura, Olga García, and the mayor of Plasencia, Fernando Pizarro, visited today the works of the Merengue II wind farm and the Puerta del Jerte photovoltaic plant, which the energy company is promoting in the plasentino municipal term.The Merengue II wind turbines will be … Continue reading Naturgy advances in the construction of the second wind farm in Extremadura
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Naturgy commissions its first battery storage facility worldwide in Australia
Naturgy has successfully connected its first battery storage facility in the world to the grid, a historical milestone for the company in the renewables business. The ACT Battery project, located in Australia and developed and built by its international generation subsidiary Global Power Generation (GPG), will reinforce supply quality to the city of Canberra and … Continue reading Naturgy commissions its first battery storage facility worldwide in Australia
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