Iberdrola España and Renault Group sign strategic MOU to promote electromobility

Iberdrola España, the Iberdrola subsidiary in Spain, and Renault Group are strengthening their relationship through the signing of a Memorandum of Understanding (MOU) that establishes new strategic lines of collaboration between the two companies to drive the energy transition and electromobility in Spain.

The agreement includes pioneering decarbonisation and energy efficiency projects, the promotion of sustainable and accessible mobility with a unique offer for customers of both companies and the development of technologies and infrastructure for recharging points.

In order to promote energy efficiency, the partnership between the two companies will promote technological innovations and advanced energy solutions, such as long-term renewable energy contracts (PPAs), renewable self-consumption, energy storage and electrification, and green hydrogen for industrial processes. Both companies will also collaborate in the development and deployment of Smart Charging technologies to optimise electric charging management, including feeding electricity from the vehicle to the grid or the ability to power the customer's home with the vehicle's power. Customers will be able to extend these benefits and reduce their energy bills through Iberdrola España's Advanced Smart Assistant (ASA), which promotes smart vehicle charging, adapting to the type of home and the characteristics of the electricity system.

This agreement joins the PPA signed by Iberdrola España and Renault Group for the long-term supply and consumption of 282 MW of renewables at the carmaker's plants in Spain, as well as a partnership agreement to promote the accessibility of electric vehicles to the public with an €800 discount on the purchase of any Renault Group brand car through the energy saving certificates.

You can read the full story at Iberdrola España's Media Room.