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 |