Ok, so, metalcladding. No problem at all with rendering over the cladding. That's the time to take the opportunity of introducing insulation that is seriously lacking on that kind of construction.
Board insulation such as "celotex" is much preferable to polystyrene. Approx. two and a half times more insulation value. The way I would tackle is is to fix a timber stud frame to the whole of each elevation........... from under the eaves all the way down to the ground. Fill between the uprights with board insulation, then breathable felt, with wire render-mesh and sand & cement plaster to finish.
The final appearance is indistinguishable from "normal" houses. Fuel savings with that level of insulation would be substantial.
If the "troughs" in the panels are filled and the wire fixed to the "high bits" only, then insulation benefit is sadly minimal.
All down to cost of course. My method would definitely be more, but often, half a job is not good value.