Tag Archives: Naturgy

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

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Longi 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

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Naturgy 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

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Naturgy 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

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Naturgy 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

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Naturgy 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

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Naturgy 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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Naturgy obtains environmental green light for more than 1,300 MW

Among the projects that have received a favorable DIA, eight wind farms in Galicia stand out, as well as the largest installation that the company will build in Spain, located in Extremadura.The company continues with its strategy of developing a portfolio of renewable generation projects, which will add to the more than 5.4 GW of … Continue reading Naturgy obtains environmental green light for more than 1,300 MW

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Naturgy obtains environmental green light for the Piago wind farm

Obtaining a favorable Environmental Impact Declaration (DIA) is the step prior to administrative and construction authorization, which will allow, along with municipal building permits, to begin construction work on this facility.The company will invest close to 28 million euros in the start-up of this wind project in Cervo, which will produce wind energy equivalent to … Continue reading Naturgy obtains environmental green light for the Piago wind farm

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NextFloat Project launches with the aim to pave the way for competitive and industrial deployment of floating wind

A pan-European project officially launched on November 18th in Paris to accelerate the roll out of the next generation of floating wind technology for a competitive, more scalable and industrial deployment. The ambitious initiative is being led by a consortium of thirteen partners from eight countries including Technip Energies as project coordinator, X1Wind, Naturgy, 2B … Continue reading NextFloat Project launches with the aim to pave the way for competitive and industrial deployment of floating wind

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Naturgy and Equinor will promote competitiveness in the Canary Islands in view of the future development of offshore wind power in Spain

The two energy companies, which are developing the FOWCA floating offshore wind project in the Canary Islands, and the business association will identify and carry out joint initiatives to promote safe and efficient development of the islands’ offshore wind supply chain.This agreement ratifies the vocation of Naturgy and Equinor to take into account all social, … Continue reading Naturgy and Equinor will promote competitiveness in the Canary Islands in view of the future development of offshore wind power in Spain

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Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia

Reyes Maroto: “This facility is a demonstration of the potential that Spanish companies have around the globe and their capacity to develop projects that lead the way in sectors like energy and renewables”. Located near Canberra, the 10 MW facility has a storage capacity of 20 MWh, which will enable flexible integration of renewable energies … Continue reading Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia

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Merengue II, second wind power plant in Extremadura

Naturgy’s second wind farm in Plasencia will have eleven 132-meter-high wind turbines.Plasencia will have two wind farms. The construction of the ‘Merengue II’ is the second that the Naturgy company will install in the capital of Jerte. The wind installation starts this Tuesday with the celebration of the symbolic act of laying the first stone. … Continue reading Merengue II, second wind power plant in Extremadura

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Naturgy and Equinor advance in their alliance in offshore wind power and project a wind farm of 200 MW in the Canary Islands

The two energy companies have an agreement to work together in the analysis and search for opportunities for offshore wind power in Spain, whose first auction will foreseeably be in the waters of the Islands. Naturgy and Equinor are working together on the development of the Floating Offshore Wind Canarias (FOWCA) project, with which they … Continue reading Naturgy and Equinor advance in their alliance in offshore wind power and project a wind farm of 200 MW in the Canary Islands

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