In recent years, the prices of steel and other consumables have increased, which affects the profitability of photovoltaic systems. In this regard Iberdrola, through its PERSEO International Startup Program, is looking for new innovative structures for photovoltaic systems to optimize costs, either manufactured with alternatives to steel or with a ratio of steel per MW built that is lower than that of conventional structures.
You can register for the Startup Challenge before April 1st to develop a pilot project first and then to be considered for future investments.
Invest in renewable energy
In line with its commitment to combating climate change, the Iberdrola Group is committed to renewable energy to drive the energy transition and the much-needed decarbonization and electrification of the economy. The group wants to invest 150,000 million euros by 2030, increase its renewable capacity to 95 GW by the end of the decade.
Photovoltaic solar energy generation is one of Iberdrola’s key growth pillars, which has led to the installation of 1,200 MW of new solar capacity in 2021, contributing to the achievement of almost 35 GW of installed renewable capacity worldwide. Iberdrola has the largest photovoltaic system in operation in Europe (Núñez de Balboa, Badajoz) with 500 MWp and is currently building the “Francisco Pizarro in Cáceres” plant, which will have a capacity of 590 MWp.