Iberdrola, through its Advancegrid subsidiary, has taken a significant step in its renewable energy investment strategy in the United States by launching three solar projects that together add a total capacity of 580 megawatts (MW).
Solar projects in the United States
True North Solar: The largest photovoltaic project in Iberdrola in the US.
The True North Solar photovoltaic plant, with more than 488,000 solar panels and a capacity of 321 MW, has started its commercial operation. This plant has the ability to supply approximately 60,000 American families, equivalent to a city like Badajoz, positioning Texas as leader in renewable energy production. The investment in this project amounted to 369 million dollars (more than 340 million euros) and generated 300 jobs during its construction, mostly occupied by local residents.
Economic and Employment Contribution in Texas
Iberdrola has invested more than 1,850 million euros in Texas in recent yearswith seven projects in operation and a combined installed capacity of almost 1.6 gigawatts (GW). These investments have generated 2,000 million dollars in direct investment and 118 million dollars in taxes since 2009, contributing to the development of public services in the State.
Impact of True North Solar on the electricity and community
True North Solar supplies electricity to the Texana Network and supports target operations through a long -term energy sale agreement. In addition, this project will also supply energy to the next data center that Meta plans to open in Temple, Texas.
According to a report from the United States Department, data centers are expected to increase energy consumption in the country for 2028, which makes projects such as True North Solar be fundamental to meet this growing demand.
Solar road in California and Powell Creek in Ohio
On the other hand, The Camino Solar in California, with 105,000 panels, will provide clean energy to 14,000 homes. As for Powell Creek in Ohio, with a capacity of 202 MW, it will generate enough energy to supply about 30,000 homes a year. Both projects have contributed significantly to the creation of local employment and the economic development of the regions where they are located.
Iberdrola commitment to the United States
The United States is a key market for Iberdrola, which has shown its commitment With the country when announcing investment plans for more than 20,000 million dollars (about 18,303 million euros) until 2030 In network infrastructure. During the Ceraweek Congress in Houston, Ignacio Sánchez Galán, president of Iberdrola, highlighted the importance of the United States as an investment destination for the group and the intention of modernizing, expanding and digitizing network infrastructure to meet the growing energy demand in the country.