Iberdrola has now installed more than eight million smart meters in Spain.

The company has upgraded 76 per cent of all of its meters in Spain with subscribed power equal to or less than 15 Iberdrola has now installed more than eight million smart meters in Spainkilowatts and is ahead of schedule on targets set by Spain‘s Ministry of Industry.

The smart meter roll-out is part of a €2bn programme devised by Iberdrola called Project Star (Remote Grid Management and Automation System) which it is implementing in the 10 regions where it has power distribution networks.

Project Star is due to be completed in 2018 by which time more than 10.5m meters will have be replaced.