Valeo Group | 11 Mar, 2026 | 2 min

Valeo and POWEN Collaborate on 7.8 MegaWatt Solar Initiative in Plant of Martos to Enhance Sustainability

Paris (France) & Madrid (Spain) – March 11, 2026 – Valeo, a global leader in automotive technology, has partnered with POWEN, a leader in photovoltaic solutions, to advance its commitment to sustainability and energy efficiency. The collaboration focuses on a new 7.8 Megawatt self-consumption solar project developed under a Power Purchase Agreement (PPA) model.

Completed in just six months, the installation features:

  • 11,622 solar panels (705 Watt each) mounted on ground-piled structures.
  • Two 4,000 kiloVoltampère Transformer Centers (CTs).
  • A 6,000-meter, 25 kV underground line (traversing the A-316 highway).

Valeo’s plant in Martos is one of the Group’s largest lighting R&D centers and production sites. It has adopted Finlight’s Power Purchase Agreement (PPA) model, ensuring 100% self-consumption of the clean electricity generated at an external location, situated 6,000 meters away.

Through this infrastructure, the Valeo factory now generates and self-consumes over 90% of the energy produced by the site, totaling 13.52 Gigawatthour annually. This transition allows the plant to meet 16% of its total energy requirements through locally sourced, clean power. The environmental impact is significant: the project will prevent approximately 3,350 tons of CO2 emissions each year, the capacity of more than 134 000 trees each year.

Manuel Sanchez-Gijón, National Director Spain and Senior Site General Manager of the Plant in Martos at Valeo Light, emphasized: “This project reinforces Valeo’s commitment in reducing its carbon footprint. The recent A ranking from CDP (Carbon Disclosure Project) for both Climate and Water Security showcases Valeo’s efforts towards a more efficient business model. At Martos plant, we are dedicated to creating a cleaner industrial environment. Our collaboration with POWEN aligns with our goal and keeps us on the track to contribute to carbon neutrality”.

Álvaro del Río, Managing Director of Kishoa Group, highlighted: This project not only responds to Valeo’s energy needs but is also a clear example of how photovoltaic solutions can transform the industry’s energy model and showcase the value of our most innovative product, the connected PPA. We are proud to be part of this transition towards a more sustainable future. With this project, POWEN reinforces its role as a benchmark in the photovoltaic sector, offering innovative solutions that promote self-consumption, decarbonization, and business competitiveness.”

About Valeo
Valeo is a technology company and partner to all automakers and new mobility players worldwide. Valeo innovates to make mobility safer, smarter and more sustainable. Valeo enjoys technological and industrial leadership in electrification, driving assistance systems, reinvention of the interior experience and lighting everywhere. These four areas, vital to the transformation of mobility, are the Group’s growth drivers.
Valeo is listed on the Paris Stock Exchange.
Valeo in brief: €20.9 billion in sales in 2025 | 100,000 employees worldwide | 29 countries | 149 production plants | 59 R&D centers | 19 distribution platforms (as of February 26, 2026).
Learn more at www.valeo.com

Media Contacts
Dora Khosrof | +33 7 61 52 82 75
Florentina Deca | +33 6 32 13 69 15
Caroline De Gezelle | + 33 7 62 44 17 85
press-contact.mailbox@valeo.com

Investor Relations
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About POWEN
POWEN is one of the Spanish companies with the longest history and experience in photovoltaic installations for self-consumption. Founded in 2017, its goal is to become the energy partner of its industrial, commercial, and residential clients through consulting and the implementation of sustainable energy solutions adapted to their needs. The company handles the entire process: from engineering to installation, monitoring, maintenance, and incident management, accompanying its clients in the transition towards sustainability marked by the European Union’s 2030 Agenda.
It is one of the companies in the Kishoa S.L. holding that grants it experience and economic solidity.
With more than 280 MW installed in over 1,000 installations, POWEN is present in Spain, Portugal, and Mexico and aims to be a global reference in photovoltaic self-consumption. Among its most important installations are the largest self-consumption installation for a community of irrigators in the Lower Guadalquivir Valley (6 MW), the development of 22 plants totaling 30 MW for Gestamp, and the 8 MW BA Glass project. Learn more at: https://powen.es

Media Contact
María del Carmen | +34 621 400 154
Miguel Barbero | +34 644 14 45 46