Iberdrola and Ørsted maintain buoyant green growth objectives despite Covid-19 headwinds

Cecilia Keating
clock • 4 min read

Covid-19 may have caused power demand to tumble in many major economies and wreaked havoc on supply chains, but the Danish renewables developer and Spanish energy giant's quarterly results suggest they remain upbeat

Despite the coronavirus spurring a significant fall in global power demand across Europe and wreaking havoc on supply chains, Spanish energy giant Iberdrola and Danish wind developer Ørsted are sticking...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

UK energy companies unite to bring solar power to Ukrainian hospital

UK energy companies unite to bring solar power to Ukrainian hospital

Charity RePower Ukraine donates solar and battery system to provide hospital near frontline with reliable clean power

clock 21 November 2025 • 2 min read
Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study explores range of decarbonisation scenarios to examine how behavioural and lifestyle changes could help deliver on net zero goals

clock 20 November 2025 • 3 min read
Vattenfall inks deal to sell UK electricity distribution business

Vattenfall inks deal to sell UK electricity distribution business

Swedish state-owned firm to divest UK electricity distribution arm to Eclipse Power in deal with wholly-owned subsidiary of the Octopus Sky Fund

Stuart Stone
clock 18 November 2025 • 3 min read