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Iberdrola will double its investment in R+D+i to 4,000 million in this decade

Date: March 4, 2024 Time: 00:36:44

Iberdrola has announced a ‘macroinvestment’ of 4,000 million euros in Innovation, Development and Research (R+D+i) until 2030, thus doubling its investment effort in the last decade in this area, as announced by the company on the occasion of the ninth edition of its Digital Summit, which was held at its San Agustín del Guadalix campus (Madrid) with the presence of more than 1,500 employees.

In his speech at the presentation of the event, the Chairman of Iberdrola, Ignacio Sánchez Galán, highlighted the key role of people in this digital revolution and urged workers to continue participating actively in it. “From Iberdrola we support this great technological change and we are already leading its application in different areas of the electricity sector. I encourage you to continue contributing all your knowledge and experience, to generate new ideas and applications,” said Galán and reported by Europa Press.

The event, with the motto ‘Digital Experience: Empowering People, Driving Change’, has aimed to empower people to think differently and drive change throughout the organization. This ‘Digital Summit’ is part of the energy company’s commitment to R+D+i, as it focuses its innovation projects on renewable energy, smart grids, digital transformation, green hydrogen and the development of customized solutions For your customers.

Digital Keys Summit

Experts from Amazon Web Services (AWS) Google assured Nationale-Nederlanden have succeeded in the event. Begoña García-Zapirain, a professor at the University of Deusto, has also participated.

The group intends to accelerate the energy transition by addressing not only the climate crisis, but also by improving energy security, competitiveness and sustainable job creation throughout the value chain.

Iberdrola, which is the private ‘utility’ in the world that invests the most in R+D+i, according to data from the report ‘The 2021 Industrial Investment Scoreboard’, prepared by the European Commission, has allocated 2,000 million euros to this area in the last decade. In 2021, energy investment of 337.5 million in R+D+i, which is 15% more than in the previous year, while the number of innovation projects in progress amounts to 250.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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