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Electricity consumption is still not picking up due to the rise in off-grid power, improved fuel efficiency in homes and the general slowdown in the industry
Spanish energy giant Iberdrola has completed the divestiture of 55% of its operations to the Mexican government for $6.2bn.
The transaction, which mainly includes gas-fired power plants, closes on the agreed terms after obtaining the necessary regulatory authorizations and approvals. Iberdrola maintains its commercial activity and renewables in Mexico, with a pipeline of more 6,000 MW of wind and solar. Iberdrola has closed the sale of 55% of its business in Mexico for around $6.2 billion dollars (about
Synopsis:Iberdrola's Executive Chairman, Ignacio Galán, champions the role of energy storage in propelling renewable energy investment at the Davos Forum. Engag
By providing the right opportunities and training, current workers will benefit from new opportunities and younger generations will not only inherit a better…