Iberdrola is committed to leading the energy transition, a task that it started more than 20 years ago, and has made the company a world leader in renewables. It has an impressive renewables asset base with 34,920 MW of total renewable energy installed capacity, including onshore and offshore wind, hydro and solar (as of the end of 2020). It produces and provides energy to over 110 million people around the world.
Iberdrola’s strategic plan contemplates a significant increase in installed capacity in renewable technologies, with 60 gigawatts (GW) of renewable installed capacity in 2025 and 95 GW in 2030.
Over the past 20 years, it has strived to be one step ahead of the energy transition to face the challenges of climate change and the need for clean electricity. Today, it has become "the Utility of the Future" by embracing digitalization, decentralization and building smart networks in all its key markets.
Iberdrola is focused on the electrification of the economy, innovation and technological advances, as well as providing greater consumer connectivity. In addition to the ordinary activity of the group providing energy services, Iberdrola is committed to "bringing sustainable electricity to 16 million people in emerging and developing countries by the year 2030". Since the launch of the Electricity for all programme in January 2014, 8.2 million people have benefitted from access to electricity through projects carried out in different countries in Latin America and Africa.