Madrid Energy Storage Investment Project

4 FAQs about [Madrid Energy Storage Investment Project]

What does the European Commission say about energy storage in Spain?

La Moncloa. 17/03/2025. European Commission approves new 700 million aid scheme to boost energy storage in Spain [News] The Ministry of Ecological Transition and Demographic Challenge will promote the large-scale deployment of this technology by co-financing investments of up to 85%.

What is energy storage in Spain?

It targets large-scale energy storage projects in Spain. It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and thermal energy storage. The program supports hybrid projects, which combine storage with renewable energy, such as solar or wind farms.

Does Spain have a state aid scheme for energy storage?

The European Commission has approved a €699 million state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.

Will Spain be able to deploy large-scale electricity storage?

The European Commission has approved a new aid scheme that will allow Spain to deploy large-scale electricity storage, both in hybridisation with renewable energy facilities and stand-alone and thermal.

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Our standardized photovoltaic container and energy storage products are engineered for reliability, safety, and easy deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.

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