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%.
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.
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.
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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The Nuevos Ministerios complex in Madrid, which houses several government departments include the Ministry of the Environment (MITECO). Image: Enrique Dans. The …
Energy storage has become a key piece of the electrical future in Spain, amidst the advance of renewable energies and the progressive withdrawal of nuclear generation. …
The Nuevos Ministerios complex in Madrid, which houses several government departments include the Ministry of the Environment …
Spain’s €700M plan adds 2.5–3.5 GW of energy storage to boost renewables, cut emissions, and strengthen the grid.
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Envision Energy (''Envision''), a global leader in green hydrogen and net zero technologies with operations across five …
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has announced a major funding initiative worth €700 million to boost large-scale …
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On December 1, the World Bank announced a $6 billion investment to develop the South Johor Renewable Energy Corridor …
Energy storage has become a key piece of the electrical future in Spain, amidst the advance of renewable energies and the progressive …
Two European companies announced an agreement to jointly develop as much as 2.2 GW of battery energy storage system (BESS) …
Considering Spain’s 22.5 GW target of energy storage by 2030, OWC brings deep expertise to the Spanish market, drawing on experience from over 85+ global BESS projects – …
Abu Dhabi Future Energy Company PJSC – Masdar on Wednesday announced the start of commercial operations at its battery energy storage system (BESS) facility in …
Strategic plans presented in the Aid program for the implementation of renewable thermal energy installations in different sectors of the economy of the Community of Madrid.
Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal energy storage sites.
Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal …
BESS technology has won the bulk of new resource contracts in the capacity market (CM) auction for delivery in 2027 in Italy.
The global energy storage market, now worth $263 billion, is growing faster than a Tesla Plaid Mode acceleration, with China alone adding 31.39GW/66.87GWh of new storage …
Return is a European energy storage company headquartered in Amsterdam, Netherlands, with additional offices in Arnhem, Hamburg, Munich, and Madrid. Founded in 2021, Return focuses …
Considering Spain’s 22.5 GW target of energy storage by 2030, OWC brings deep expertise to the Spanish market, drawing on …
The call will consist of direct subsidies for co-financing - up to 85% - of investments in energy storage facilities and will be carried out through the Institute for Energy …
Spain receives €700 million in EU funding to deploy large-scale energy storage, boosting renewable energy integration and grid stability. Learn about the program''s scope, …
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