Iberdrola España and Renault Group Forge Strategic Alliance to Accelerate Electromobility and Energy Transition in Spain
In a landmark step towards fostering a sustainable energy future, Iberdrola España, the Spanish subsidiary of the global energy giant Iberdrola, and the renowned automotive manufacturer Renault Group have signed a comprehensive Memorandum of Understanding (MOU). This strategic partnership underscores both companies’ commitment to advancing the energy transition and driving forward the electrification of transportation across Spain.
A Shared Vision for a Greener Future
The collaboration aims to create synergies that will catalyze Spain’s transformation toward a low-carbon economy. At the heart of the agreement is a shared vision: to develop cutting-edge energy solutions, promote sustainable mobility, and reduce the environmental footprint of both companies’ operations and customer offerings. The MOU formalizes a long-term relationship that touches on multiple fronts — from renewable energy and energy efficiency to vehicle electrification and consumer incentives.
Decarbonization and Energy Efficiency Projects
One of the key pillars of the agreement involves joint efforts to promote decarbonization through innovative energy efficiency initiatives. Iberdrola España will leverage its extensive expertise in clean energy and infrastructure development to provide Renault Group with tailor-made renewable energy solutions. These include long-term power purchase agreements (PPAs) for green electricity, self-consumption installations at Renault facilities, and integrated energy storage solutions to ensure flexibility and reliability.
The use of PPAs ensures a stable, predictable energy supply derived from renewable sources, such as wind and solar. These contracts help manufacturers like Renault not only reduce their carbon footprint but also mitigate exposure to volatile energy markets. The agreement specifically builds on an earlier PPA signed between the two companies, which covers the long-term supply of 282 megawatts (MW) of renewable energy to power Renault’s manufacturing facilities across Spain.
In addition to PPAs, both parties will collaborate on the integration of energy storage systems and electrification of industrial processes. One area of interest includes the use of green hydrogen, which is expected to play a vital role in decarbonizing sectors that are difficult to electrify. Hydrogen produced from renewable energy can serve as a sustainable alternative to fossil fuels in a variety of industrial applications.
Driving Smart Charging and Grid Integration
As the demand for electric vehicles (EVs) grows, the need for intelligent charging solutions becomes increasingly critical. Iberdrola España and Renault Group are jointly investing in the development and deployment of Smart Charging technologies. These systems are designed to optimize when and how EVs draw power from the grid, allowing for more sustainable and cost-effective energy use.
One of the cutting-edge features under development is bidirectional charging, often referred to as “vehicle-to-grid” (V2G) technology. This allows electric vehicles to act as mobile energy storage units, capable of feeding electricity back into the grid during peak demand or powering a customer’s home in the event of an outage. Through this system, EVs become not just consumers but active contributors to the energy ecosystem.
These smart systems will be integrated with Iberdrola España’s Advanced Smart Assistant (ASA), a digital platform that enables intelligent vehicle charging. ASA can adapt to the type of home and the conditions of the electricity system, ensuring that EVs are charged at the most cost-effective and grid-friendly times. For consumers, this translates into direct savings on energy bills and a more seamless charging experience.
Enhancing Public Access to Sustainable Mobility
In an effort to make electric mobility more accessible and appealing to the general public, the agreement includes consumer-focused initiatives. Among the most notable is a special offer providing a direct discount of €800 on the purchase of any vehicle from the Renault Group brands — including Renault, Dacia, and Alpine — for customers who opt for Iberdrola España’s energy services. This initiative is intended to accelerate the adoption of electric vehicles in Spain by making them more affordable for a broader segment of the population.
The partnership also contemplates the joint development of public and private charging infrastructure throughout the country. This includes both fast and ultra-fast charging stations strategically located along major transportation routes and in urban centers. These efforts align with Spain’s national strategy to expand the EV charging network and meet the rising demand for zero-emission transportation.
Supporting Spain’s Energy and Industrial Policy Objectives
This alliance between Iberdrola España and Renault Group is not only a business agreement but also a meaningful contribution to Spain’s broader environmental and industrial policy objectives. Spain has set ambitious targets for carbon neutrality by 2050, and electrifying the transport sector — which currently accounts for a substantial portion of greenhouse gas emissions — is a critical component of that strategy.
The automotive industry, meanwhile, is undergoing a profound transformation. As one of the major players in Europe’s auto manufacturing landscape, Renault’s transition toward electric mobility has far-reaching implications. By aligning with Iberdrola España, Renault gains a strategic partner capable of supporting its sustainability goals with proven renewable energy solutions, thus enhancing its competitive edge.
Innovation and Industrial Sustainability
The companies are also exploring other avenues for cooperation that support industrial sustainability and innovation. This may include the implementation of renewable energy microgrids, which allow Renault plants to operate independently from the main grid during certain hours or under specific conditions. Additionally, both firms are considering pilot projects in digitalization and data analytics to monitor and optimize energy usage in real time.
Research and development (R&D) efforts are expected to focus on the intersection of energy and mobility — such as battery performance optimization, integration of electric fleets into business operations, and circular economy practices that extend the life cycle of energy assets and materials. The companies have expressed a shared interest in creating a knowledge hub to exchange best practices and foster innovation across their operations.
Strengthening Long-Term Strategic Collaboration
The newly signed MOU represents a continuation and deepening of the relationship between Iberdrola España and Renault Group. Prior to this agreement, the two companies had already collaborated on several fronts, including the earlier-mentioned 282 MW renewable energy supply deal. With the signing of the new MOU, the scope of the partnership expands beyond energy supply to encompass infrastructure, technology, innovation, and customer engagement.
For Iberdrola España, the partnership reaffirms its commitment to leading the energy transition through collaboration with strategic industrial partners. The company has already established similar alliances with other players across various sectors and sees these collaborations as essential for scaling up clean energy technologies and achieving decarbonization goals.
Renault Group, for its part, is reinforcing its position as a frontrunner in the field of electric mobility. The partnership with Iberdrola España provides a crucial piece of the puzzle — access to reliable, renewable energy and advanced charging solutions that can power its electric vehicle lineup while aligning with its broader environmental commitments.
