Amazon and Iberdrola expand 476MW renewable deal

Green Forum
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.

A key addition to this partnership is Amazon's first PPA in Portugal, securing 219MW from the Tâmega Wind Complex, set to begin construction in early 2025. Iberdrola highlights this as Portugal's largest green hybridisation project, designed to maximise the use of the existing grid connection at the Tâmega hydroelectric complex.

In Spain, the partnership has been reinforced with two large-scale PPAs, adding a combined 257MW of solar and wind energy. Amazon will acquire 212MW from the Ciudad Rodrigo solar PV plant in Salamanca, expected to generate enough clean energy to power 150,000 homes annually. Additionally, Amazon will purchase the output from 45MW of capacity at the Valdemoro wind farm in Burgos. This site, with an installed capacity of 49.5MW, features eleven wind turbines with a height of 107.5 metres and a rotor diameter of 145 metres, capable of supplying electricity to approximately 48,000 households.

Amazon and Iberdrola first established their strategic collaboration in 2022, focusing on renewable energy PPAs and cloud services. This new agreement strengthens their cooperation in both existing and new markets. Over the lifetime of all signed agreements, Amazon has contracted more than 66,000GWh of renewable energy from Iberdrola worldwide.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

READ MORE
Green Forum  |  17 December, 2025 at 8:49 AM
Green Forum  |  11 December, 2025 at 11:36 AM