Valladolid is closer to hosting the new InoBat battery gigafactory

Valladolid is closer to hosting the new InoBat battery gigafactory

After the visit made last week by the president of InoBat, Andy Palmer, the company has confirmed that the work to build a Gigafactory of batteries in Valladolid will go to a deeper level of study. Among other things, the Slovak firm will evaluate the establishment of a Research and Development project in Salamanca for efficient energy storage and battery recycling.

new InoBat battery

This initiative will be carried out in collaboration with the University of Salamanca, the Salamanca City Council, and the Junta de Castilla y León. Collaboration links will also be established with the University of Valladolid.

The Gigafactory, which will have a maximum capacity of 32 GWh per year, will aim to meet the needs of Western Europe for electric vehicles and energy storage solutions. The plant will cost 3,000 million euros and will create 2,000 direct jobs in its first phase, in which it will produce around 8 GWh, reaching 4,000 employees in the future.

Once the selection of the land has been completed, the General Directorate for Energy Policy and Mines, under the Ministry for Ecological Transition, has been requested to carry out the specific modification of the development plan for the electricity transmission network 2021-2026 to ensure the necessary supply.

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InoBat will announce its final decision very soon

Marian Bocek, CEO of InoBat state that Spain has given great support to the project through its active participation in the site selection process. Oscar Puente, mayor of Valladolid, wanted to highlight the work carried out by the City Council, pointing out the consolidation of the city as the economic and industrial engine of the autonomous community.

Valladolid has good prospects for taking over the factory thanks to the presence of manufacturers such as Renault or IVECO and suppliers such as Gestamp, Faurecia, or Michelin. InoBat also positively values the easy access to renewable energy and the strong transport connections offered by the capital of Castilla y León.

If it goes ahead, this would be the fourth project to build a battery plant for electric cars that Spain receives after those of Envision (Extremadura), BASQUEVOLT (Basque Country), and Volkswagen (Valencia). Despite the interest shown so far by the company, we must remember that the deal is not yet closed, as other possible locations for the facilities, such as the United Kingdom, are still being evaluated.

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