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GE, Orsted and now Iberdrola: The competition to recycle wind turbine blades heats up

Spanish energy firm Iberdrola (ES.IBE) has jointly established a company that will recycle components used in renewable energy installations, including wind turbine blades. In a statement last week Iberdrola said the company, known as EnergyLOOP, would develop a blade recycling facility in Navarre, northern Spain. A few months earlier, in June 2021, Denmark’s Orsted (DE.D2G) said it would “reuse, recycle, or recover” all turbine blades in its worldwide portfolio of wind farms once they’re decommissioned. That June also saw General Electric’s renewables unit and cement manufacturer Holcim strike a deal to explore the recycling of wind turbine blades. In Jan. 2020 another wind energy giant, Vestas (DE.VWSB), said it was aiming to produce “zero-waste” turbines by the year 2040.

iberdrola sets up firm focused on recycling wind turbine blades 2022