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FINWIRES

ICEYE Secures Iberdrola Project to Boost Grid Resilience Against Extreme Weather

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ICEYE said Monday that it secured a project to help Iberdrola strengthen its electricity network against extreme weather, beginning with a 12-month pilot project in Spain.

ICEYE won the assignment through Iberdrola's PERSEO open innovation program, where its proposal was chosen from more than 40 submissions across 10 countries, the company said.

The company will provide near-real-time geospatial intelligence to help forecast risks, assess damage, and reduce power disruptions.

The project will deploy a single platform to monitor multiple weather hazards rather than focusing on individual threats. ICEYE said the approach will give Iberdrola a unified view of grid resilience to help anticipate risks, assess damage and reduce supply disruptions.

The company will roll out its Flood Solutions Suite from the start of the pilot, combining Flood Early Warning forecasts with Flood Rapid Impact and Flood Insights tools to support disaster preparation and speed repairs by identifying the most affected assets.

The pilot also includes monitoring for cyclogenesis-driven windstorms and wildfires. ICEYE said its synthetic aperture radar technology captures high-resolution imagery through dense smoke and severe storm clouds, enabling rapid post-event damage assessments.

The company will also deploy its Hurricane Rapid Impact solution for Iberdrola's assets in the United States and Australia, extending the partnership outside the initial Spain pilot.

The Hurricane Rapid Impact service produces damage heatmaps within 24 hours of a hurricane making landfall, allowing network managers to quickly identify affected infrastructure and dispatch repair crews more efficiently, ICEYE said.

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