Spain Project Notice - INGETEAM ENERGY CONVERSION RDI


Project Notice

PNR 55396
Project Name INGETEAM ENERGY CONVERSION RDI
Project Detail The project consists of the Promoters planned activities in Research, Development and Innovation (RDI) for the period 2023-2024 aiming at maturing technologies and developing new products in the field of: (i) electrical machines, (ii) low- and medium-voltage power electronics, (iii) automation, control, and protection solutions, (iv) submersible hydraulic machines, as well as (v) development of product and analysis technologies for maintenance services carried out in Spain over the period 2023-24. Objectives The project concerns the Promoters investments in Research, Development, and Innovation (RDI) in the filed electronics for renewable power generation, electrical storage, smart grids, green hydrogen, power transmission and electromobility, carried out primarily in the Promoters R&D centre located in the technology park of Zamudio (Bilbao, Spain) over the period 2023-2024. The project aims at developing solutions to support the energy transition for a more sustainable energy generation, transmission, distribution and consumption. Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 46 million Total cost (Approximate amount) EUR 92 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Spain , Southern Europe
Project Value EUR 9,200,000

Contact Information

Company Name INGETEAM SA
Web Site https://www.eib.org/en/projects/pipelines/all/20230536

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