From pv journal in Spain
Lower than a month after Iberdrola introduced its alliance with Exiom to construct a 500 MW TOPCon photo voltaic module manufacturing facility in Asturias, Spain, the vitality big introduced plans for a brand new PV module manufacturing facility in Extremadura, Spain.
It has submitted a PV panel manufacturing undertaking to the third name of the Innovation Fund, the European Fee’s support program for demonstrating new low-carbon applied sciences.
If profitable, the manufacturing facility could have a manufacturing capability of 1.6 GW per 12 months, equal to three million panels, and will cowl a 3rd of Spain’s present demand, in line with Iberdrola. “This new trade will promote native financial improvement by creating 500 direct jobs”, the corporate mentioned.
Iberdrola didn’t disclose the know-how of the PV panels or every other particulars. The third name for small initiatives of the Innovation Fund was launched on March 30 and ended on Sept. 30, 2023. It has a funds of €100 million ($109 million) to assist initiatives with capital expenditure between €2.5 million and €7.5 million.
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