Iberdrola has surpassed 5 million megawatt hours of clean electricity sold in Italy through long-term power purchase agreements, following the signing of five new contracts with major companies across the chemical, manufacturing, and food and beverage industries. The agreements reinforce the company’s growing role as a key provider of renewable energy solutions to energy-intensive sectors seeking greater stability in an increasingly volatile market.
The electricity supplied under these PPAs is supported by 90 megawatts of new photovoltaic capacity installed across the Italian peninsula. This added capacity contributes to Italy’s efforts to scale up domestic renewable energy generation and reduce dependence on fossil fuels.The new agreements fall under the Energy Release 2.0 mechanism introduced by Italy’s Ministry of the Environment and Energy Security.
The program is designed to accelerate the development of new renewable installations while offering long-term, competitively priced energy to industries facing high exposure to market fluctuations. It also aims to support the decarbonisation of industrial production processes at a time when companies across Europe are under increasing pressure to reduce emissions.
With these latest contracts, Iberdrola continues to expand its long-term PPA portfolio and strengthen its presence as a strategic industrial partner in the Italian market. The company, already Europe’s largest electricity utility and one of the world’s two largest by market value, sees Italy as a key market for advancing the integration of renewables with industrial operations and working alongside institutions to promote electrification and carbon reduction.
The transaction also underscores Iberdrola’s ability to collaborate effectively within mechanisms such as Energy Release 2.0, which link renewable energy deployment with the needs of industry and national climate objectives. The company has played a leading role in aligning regulatory frameworks, technology investment, and industrial demand to create more competitive and sustainable energy systems.
According to the Pexapark Renewables Market Outlook 2026, Iberdrola remains the leading seller of PPAs in Europe for the third consecutive year. Its global portfolio of agreements is backed by extensive onshore and offshore wind assets, solar generation capacity, and a diversified energy mix across markets including Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil, and Australia.
These long-term contracts form a central part of Iberdrola’s strategy to support industrial electrification, establish stable relationships with major customers, and contribute to a more secure, competitive, and self-sufficient energy system capable of meeting expected increases in demand.
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