The president of the Government, has announced on Monday an aid of 54 million euros for the construction of a battery gigafactoría in Valladolid that will carry out Iberia. Sanchez has assured that this factory will allow the creation of 260 direct, 500 indirect jobs and will have a total investment of 700 million euros.
In addition to the direct subsidy, a loan 456,000 euros has also been awarded, all through the third call for the belonging of the electric and connected vehicle (Vec), in its battery section. The Inobat project to develop battery gigafactoría foresees an investment of 712 million euros. The plant will reach a production of 32 GWh in 2027, with full performance planned for 2029.
The third call of the neighborhood has allowed more than 408 million euros to industrial projects to manufacture the electric vehicle, including strategic cases such as Powerco projects in Sagunto (Valencia), Stellantis in Figueruelas (Zaragoza) or Renault in Valladolid.
At the moment, Spain does not have any battery gigafactoría in operation but there are several projected, among which are the one that is building a consortium of companies led by the German group Volkswagen in, Valencia and the one that Stellantis and the multinational China Catl in, Zaragoza will develop.
Sanchez has also formalized in the closure of the act Spain, avant -garde of the green industry held in (ICEX) in Madrid this Monday, the adhesion of Spain to the Alliance First Mover Coalition, A public-private collaboration promoted by the World Economic Forum to promote the decarbonization of complicated sectors. The president of this forum, Borge Brende, has assured in the closing ceremony that this alliance will have a value of 2,000 million euros in 2030 and will contribute to reduce the tons of CO2 by 26,000 million. He has also put Spain as an example of having a “sustained economic growth while mitigating CO2 emissions”.
In the act, Sánchez has also announced that the Government will encourage through obligations and incentives. In addition, it will also establish requirements for the purchase of products whose carbon footprint is “null or reduced” to the public administration to be “an engine that leads the creation of green demand by the Spanish industry”.
The president of the Government has thanked the “commitment” of the companies that already participate in this alliance such as Iberdrola, EGUI or Moeve, but has also asked to push to follow the fight against climate change. Thus, he stressed that the Spanish industry represents 15% of Spanish GDP, “above some of the most prosperous European economies such as Belgium, Netherlands or France.” He also stressed that Spanish manufacturing activity grows above Germany or Italy, as indicated by the.
