They will be others, not Volkswagen’s. Extremadura will host the second Spanish battery gigafactory for electric cars. It will cover 200 hectares of Expacio Navalmalmoral industrial estate in Navalmoral de la Mata and is a project backed by Acciona and the Asian group Envision. The organizers are set to reveal the initiative in the next hours, and, as El Periódico de Extremadura confirms, there is no room for a first-phase delay. The plan envisions an 800 million euro investment and the creation of direct jobs reaching the thousands.
Perte de Energies Renewables is designed to deliver 10 GW of scalable capacity, with hydrogen renewables and storage as catalysts that could push the total to 30 GW in successive stages (10 GW per phase). That trajectory could generate up to 3,000 jobs and attract investments around 2,000 million. The project ties into the province of Cáceres’ lithium reserves to be utilized and refined along the full production chain, from ore extraction and processing to the manufacture of battery cells and cathodes for a range of industries.
Juan Antonio González, a spokesperson for Extremadura’s regional government, indicated that he anticipated Acciona and Envision would announce the project in the near term. He remained cautious while noting that the initiative could “completely transform” the region as data and investments unfold in the coming years. His comments came at a briefing after the Board of Directors’ meeting and underscored the potential impact on local life and economic activity.
González added that Extremadura presents an attractive climate for investors and now appears to have the conditions in place for future large-scale ventures. The region boasts the Board’s largest industrial estate, and coordination on site access, workforce training, and industrial permitting has been streamlined to support major developments.
“Revolutionary in Spain”
That declaration came on April 7, when José Manuel Entrecanales, chair of Grupo Acciona, announced during the shareholders’ general meeting that he was in talks with one of the world’s leading energy and technology entities to explore a project for battery production and lithium mining in the Americas. Entrecanales did not identify the Asian partner or provide project specifics, but said the discussions were advanced and described the venture as a milestone for Spain.
The unnamed partner and the exact scope still remain under wraps, but the implications are clear: a major push into the energy transition that could redefine the competitiveness of Extremadura and position Spain as a notable player in lithium-based battery supply chains. Executives and regional authorities emphasize that this is about more than one facility; it is about building an integrated ecosystem that covers extraction, processing, and high-value manufacturing, aligning with broader European goals to secure strategic materials and clean energy technologies.