From pv magazine Spain
A little over a month after Iberdrola announced its alliance with Exiom to build a 500 MW TOPCon solar module factory in Asturias, Spain, the energy giant has announced plans for a new PV module factory in Extremadura, Spain.
It has submitted a PV panel manufacturing project to the third call of the Innovation Fund, the European Commission's aid program for the demonstration of innovative low-carbon technologies.
If successful, the factory will have a production capacity of 1.6 GW per year, equivalent to 3 million panels, and it could cover a third of the current demand in Spain, according to Iberdrola. “This new industry will boost local economic development with the creation of 500 direct jobs”, the company said.
Iberdrola has not disclosed the technology of the PV panels or any other details. The third call for small-scale projects of the Innovation Fund was launched on March 30 and ends on Sept. 30, 2023. It has a budget of €100 million ($109 million) to support projects with a capital expenditure between €2.5 million and €7.5 million.
Solar + Storage España
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.