Installed renewables reach 7,950 MW, says Iberdrola

In a round-up of first half 2008 numbers, Madrid-based Iberdrola Renewables today announced it has increased its production of electrical power in the first half of the year by some 83.5 percent over the same period in 2007, to a total of 8,558 million kWh.

Iberdrola equates the increase to the 4,061 million kWh generated.

According to the company, wind energy, at 8,260 million kWh, contributed 96.5 percent of all electricity produced by the company over the first six months of 2008.

By geographic area, Spanish wind farms contributed 4,417 million kWh (51.6 percent of the total), the U.S. 2,739 million (3 percent), the United Kingdom 529 million (6.2 percent), and the rest of the world 575 million (6.7 percent).

The company’s small-scale hydroelectric plants generated 298 million kWh between January and June 2008, totaling 3.5 percent of all electricity produced by Iberdrola Renewables during the period.

Iberdrola Renewables also achieved installed power of 7,949 MW at the close of the first half of the year, an increase of 68.4 percent over the same period the previous fiscal year.

Of this capacity, 7,607 MW corresponds to wind farms, and 342 MW to small-scale hydroelectric plants.

In the last month, the company offered €175 million for the shares of Rokas, and singed a 4,500 MW wind power deal with Gamesa (see Iberdrola bids for rest of wind developer Rokas and Iberdrola signs €6.3B turbine deal).