Shell has announced the sale of its portfolio of onshore renewable energy assets in Europe to TotalEnergies. This deal reflects Shell's strategic shift and the reallocation of investments toward higher-priority areas. The transfer of assets is expected to be completed by 2026.
Construction of a large battery manufacturing plant, a joint project by Stellantis and CATL, is set to begin in Aragon. The €4.1 billion project will create around 4,000 jobs and strengthen the region's position in the European automotive industry.
In central Spain, archaeologists have discovered an unusual burial of two men showing signs of violent death and adorned with deer antlers, dating back to the Iron Age. This finding points to a rare ritual associated with beliefs about a "bad death" and the protection of the community from dangers believed to come from the deceased.
In Spain, tests are underway for the MARMOK-A-5 device, which converts the energy of ocean waves into electricity for residential homes. The technology shows promise but still requires further development before it can be widely implemented.
In March, the number of registered unemployed in Spain fell by 0.9%, reaching 2.42 million. Over the month, more than 80,000 new jobs were created, bringing the total number of employed people to 22.01 million.
The Spanish government is preparing a significant reduction in taxes on fuel and electricity as part of a package of measures to mitigate the impact of rising energy prices. An official announcement is expected following the Cabinet meeting.