18.04.2026
Joint R&D project with Iberdrola, Politec and University Comillas approved by CDTI
Joint R&D project with Iberdrola, Politec and University Comillas approved by CDTI
CDTI approved financing for our joint R&D project with i-DE (Iberdrola), POLITEC (Politec Proyectos y Servicios) and ICAI (Universidad Pontifica Comillas) for applications of Magnetically Controlled Shunt Reactors (MCSR) in distribution networks. The project under the name REMATE will be completed over the period of 3 years and will result in standardized range of MCSRs with rated power range of 2-5 MVAr for 10-35 kV. These mini-MCSR will be plug-and-play solutions to control voltage, reactive power and power factor at various node types and points of connection
03.04.2026
Faramax successfully completed delivery and installation of its first power transformer in the USA
Faramax successfully completed delivery and installation of its first power transformer in the USA
Faramax successfully completed delivery and installation of its first power transformer in the USA, for a solar park developed by Naturgy. The dispatch from our factory in Malpartida de Plasencia took place in less than 14 months from the contract award. This is the first of the 38 orders destined to the US renewable generation projects, with some of the projects having delivery terms below 18 months.
27.11.2025
Faramax celebrates its major expansion of its production facilities
The opening of the new Faramax production facilities at the factory in Malpartida de Plasencia took place on 27 November 2025. The factory team is planned to grow to more than 600 people already in the first half of 2026. The production capacity of the plant will double due to capital investment of more than 50 million euro. In this celebration Faramax team was accompanied by many clients, suppliers, financiers and other partners and friends. It was an honour to have as special guests Maria Guardiola, the President of Extremadura, and Ignacio Sanchez-Galan, the President of Iberdrola Group.
