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.
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%.
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.
Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2.5 to 3.5 gigawatts (GW) of storage. It includes pumped hydro, thermal energy storage, and battery systems.
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Accelerated growth of energy storage facilities in Spain, including large hybrid projects with renewables. National and European …
Spain’s €700M plan adds 2.5–3.5 GW of energy storage to boost renewables, cut emissions, and strengthen the grid.
Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative, …
Spain’s €700M plan adds 2.5–3.5 GW of energy storage to boost renewables, cut emissions, and strengthen the grid.
Spain’s power system is sprinting toward higher renewable penetration, and storage is increasingly the piece that turns “more solar and wind” into “more reliable megawatts.” A …
Battery energy storage systems accounted for 124 of the selected projects, while 17 involved thermal or power-to-heat storage and three were pumped hydro sites.
The innovation energy storage project auction is seeing positive outcomes for Spain with a series of projects announced, and a domestic battery manufacturer rapidly expanding …
Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy …
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 …
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 …
Global energy storage capacity was estimated to have reached 36,735MW by the end of 2022 and is forecasted to grow to 353,880MW by 2030. Spain had 88MW of capacity in …
The Spanish government approved Royal Decree 7/2025 on June 24, resolving several long-standing obstacles hindering the secure and lawful deployment of energy storage …
The Spanish government approved Royal Decree 7/2025 on June 24, resolving several long-standing obstacles hindering the secure …
Accelerated growth of energy storage facilities in Spain, including large hybrid projects with renewables. National and European industrial innovations support advanced …
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