Envision Group has signed an agreement with the Government of Spain to collaborate on the development of the first net zero industrial park in Europe.
The partnership includes the construction of a gigafactory of batteries for electric vehicles (EVs), a development and innovation centre for the digitalisation of renewable energy systems, a green hydrogen generation plant and a wind farm and assembly of smart turbines.
The EV batter gigafactory in Navalmoral de la Mata is expected to have a capacity of up to 50GWh in the first phase and support the creation of 3,000 green jobs when it is operational in 2025.
It is part of the VENERGY+ Project, which consists of 12 partners from 10 Autonomous Communities, with suppliers of vehicle parts and components located using advanced technology as part of an integrated battery ecosystem.
The business-government collaboration for the net zero industrial park – which will be connected by a fully-electric truck transportation system and intelligently managed by Envision’s AIoT operating system, EnOS – is expected to catalyse Spain’s transition towards a net zero future.
Prime Minister Pedro Sánchez said: “We welcome this important partnership with Envision to accelerate Spain’s transition to net zero carbon by the mid-century. Envision is a strategic partner who can provide innovative solutions to boost our green economy.”
Envision aims to develop 100 net zero industrial parks over the next decade globally, helping reduce carbon emissions by one billion tons per year.
Lei Zhang, CEO of Envision added: “We are fully committed to supporting Spain’s national agenda on net zero transition. The creation of new industrial opportunities such as the Net Zero Industrial Park will unlock the vast potential of renewable energy in Spain and serve as a gateway to building a pan-European greentech industrial ecosystem.”