Iberdrola España and the Asturian business group Exiom continue their steps towards the definitive opening of the photovoltaic module factory

Iberdrola España and the Asturian business group Exiom continue their steps towards the definitive opening of the photovoltaic module factory in Asturias. The first large solar panel factory in Spain is scheduled to start up next spring. 

Among the most significant recent developments, those standing out are the arrival, assembly and installation of specialised equipment for its manufacture. This is complex, heavy, high-volume machinery, prepared inside the factory in several batches of equipment.

The project responds to the effort undertaken by Iberdrola and Exiom to attract part of the value chain linked to renewable energies to our country. Specifically, solar energy. The aim is to make Spain a spearhead for leading this emerging sector in Europe.

The opening of this new factory in Europe responds to the interest of both companies in achieving a competitive manufacturing at EU level, focused in a first phase on solar panels with the possibility of extending the collaboration to other components of the photovoltaic value chain.

Related Article: Iberdrola to Power Tosano Supermarkets with Clean Energy for a Decade

Iberdrola España’s commitment to a sustainable energy model is part of its PERSEO program to promote the development of start-ups and innovative industrial companies working in new areas of electrification and in sectors that are difficult to decarbonise.

Since its creation in 2008, PERSEO has invested €175M in businesses that develop innovative technologies, focusing on those that will improve the sustainability of the energy sector through further electrification and decarbonisation of the economy.