Iberdrola aims to exceed €4 billion of investment in Innovation, Development and Research (R&D&I) activities by 2030. Thus, it will double its investment in this area by the end of the decade.
These resources are intended to be used primarily for projects related to renewable energy, smart grids, digital transformation, green hydrogen and the development of tailor-made solutions for its customers. In 2021, Iberdrola invested 337.5 million in R&D&I, 15% more than in the previous year, and the number of innovation projects underway totals 250. The strategic plan until 2025 envisages that investment will rise to 420 million that year and reach 550 million per year in 2030.
