Power Electronics plans to invest €300 million ($328 million) to expand its inverter production capacity in Spain and the United States
current production capacity is 30 GW, and it will increase manufacturing capacity in the United States by more than 20 GW by 2026
factory will cover an area of 174,015 square meters and “will be designed with the latest manufacturing and assembly technologies to serve as an optimal center for the manufacturing and distribution of its products throughout the country,”
plan also foresees the completion of a new plant in Llíria, Spain, for the Electric Mobility division