Iberdrola abandons race to acquire X-Elio
With the Spanish utility out of the game, there are now only three bidders still struggling to take over the PV project developer.
The blockchain club
Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 to 100 in recent months. New members include EnBW, Total and a unit of the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.
Repsol or Iberdrola could be the new owner of Spanish developer X-Elio
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
Iberdrola interested in acquiring RWE’s renewable energy unit Innogy
The renewable energy unit of German utility RWE is now reportedly being targeted by the Spanish power provider, after French energy group Engie was said to have launched an offer in March.
Iberdrola begins work on 100 MW solar park in Mexico
The Spanish developer said the project will be completed in 2018, and will sell power to private customers on the wholesale market.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
