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Acciona will invest 200 million euros in the new battery plant in Extremadura

The president of Acciona, José Manuel Entrecanales, has announced that the company will invest around 200 million euros in the new project led by the Chinese company Envision to install a battery factory in Navalmoral de la Mata (Extremadura).

The main function of the company in this project will be to supply electricity from renewable sources.

To do this, it will install photovoltaic panels with a total capacity of 300 megawatts (MW), which will translate into an investment of 200 million euros, which is added to the 900 million euros that the factory as a whole will require.

In any case, the project, presented to the Perte launched by the Government in this matter, is in the planning phase and has not yet been approved, now pending the completion of several agreements with its client, which would be Envision.

Apart from this project, Entrecanales has announced another corporate operation that the company is studying and that will materialize in the coming weeks, the purchase of a company that promotes renewables in Asia.

Electric mobility on the rise

In relation to the area of ​​electric mobility, the head of ACCIONA pointed out the profound transformation that the sector is going to undergo “with the consolidation and entry of new technologies that will change the way we move in the urban environment”.

In this area, the Chairman of ACCIONA reviewed the company’s investments in various vectors, such as a network of urban and interurban chargers in Spain, “with the intention of extending it to Europe and Latin America in the future”.

In addition, he recalled that Silence -European leader in the manufacture of electric motorcycles- is developing an urban electric vehicle “which we hope will be groundbreaking both for its removable and interchangeable battery and for its extremely competitive price”. The president announced that “if the difficulties of supplying parts and logistical problems do not prevent it” this vehicle could “be on the market before the end of the year”.

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