Spanish energy storage projects
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The latest developments in the Spanish energy
Driven by the goal of energy transformation, Spain''s energy storage industry is full of potential, with continuous technological innovation and progress. The
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Spain offers EUR 700m in aid for large-scale energy
The call is open to proposals for stand-alone battery systems, thermal storage, pumped-storage hydro and projects designed to hybridise
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811 MW/3.6 GWh of storage projects set for Spain''s
Pending approval, a total of €167.6 million ($187.1 million) has been allocated toward 46 standalone thermal and electrical energy storage projects,
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811 MW/3.6 GWh of storage projects set for Spain''s PERTE funding
Pending approval, a total of €167.6 million ($187.1 million) has been allocated toward 46 standalone thermal and electrical energy storage projects, with a cost range from
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Spain to award EUR 280m in state aid for energy
The Spanish ministry for the ecological transition on Friday opened two funding programmes, providing a combined total of EUR 280 million (USD
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Spain targets 20GW of energy storage by 2030 as part of new
A Spanish hybrid plant from Acciona that features battery storage paired with a wind farm. Image: Acciona. Update 19 February 2021: Yann Dumont, president of the Spanish
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Spain provides financial support for 600 MW of utility-scale storage
The Spanish government say it will finance five hybrid battery energy storage projects, with a cumulative installed capacity of at least 600 MW. Each project can secure up
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EU approves Spain''s €700m energy storage subsidy plan
The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. Subsidies will be available for
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Solana Generating Station
The Solana Generating Station is a solar power plant near Gila Bend, Arizona, about 70 miles (110 km) southwest of Phoenix. It was completed in 2013. When commissioned, it was the
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Top five energy storage projects in Spain
Listed below are the five largest energy storage projects by capacity in Spain, according to GlobalData''s power database. GlobalData uses proprietary data and analytics to
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BW ESS and Ibersun to develop 2.2GW BESS portfolio across
Global energy storage owner-operator BW ESS and Spanish energy storage developer Ibersun have signed a joint venture to develop, in its first phase, 2.2GW of utility
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Spain Invests in Energy Storage and Green Hydrogen
The Spanish Government has allocated a considerable sum of 160 million euros to finance energy storage projects, with the aim of connecting
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Spain offers EUR 700m in aid for large-scale energy storage projects
The call is open to proposals for stand-alone battery systems, thermal storage, pumped-storage hydro and projects designed to hybridise storage with new or existing
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BW ESS, Ibersun to develop 2.2GW of Spanish battery storage projects
Global energy storage owner-operator BW ESS has teamed up with energy storage developer Ibersun to develop utility-scale battery energy storage system (BESS)
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What Spain''s capacity market means for storage
The Spanish government is also looking to create an energy storage value chain within a €1 billion investment program. A Strategic Project for the Economic Recovery and
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Iberdrola switches on 210 GWh Spanish pumped
Iberdrola Spain has begun commissioning the 225 MW Valdecañas pumped hydro energy storage (PHES) plant and expects to begin work on
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Spain''s €700 Million Plan to Boost Energy Storage and
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
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Major Breakthrough in Spain''s Energy Storage Policy: Energy Storage
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
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Unstoppable Power: Top 10 Spanish Energy-Storage Battery
Iberdrola, one of Spain''s largest energy groups, operates extensive pumped-hydro storage assets (e.g., Cortes-La Muela, Aldeadávila) and is developing hybrid wind-solar projects to stabilize
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Spain Launches €700 Million Energy Storage Scheme to
The scheme aims to deploy between 2.5 and 3.5 gigawatts (GW) of new storage capacity, enhancing the flexibility and resilience of the national power system while enabling
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Major Breakthrough in Spain''s Energy Storage Policy:
The Spanish government approved Royal Decree 7/2025 on June 24, resolving several long-standing obstacles hindering the secure and lawful
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Spain & Italy | BESS Premium Opportunities in Renewables
Spain and Italy present a €45 million opportunity for BESS insurance premiums. Discover how NARDAC supports renewable energy projects in these regions.
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Spain''s Grenergy to invest €2.6bn in solar and storage
Spanish independent power producer (IPP) Grenergy Renovables has unveiled its plans to invest €2.6bn in the next three years to expand its
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Overview of energy storage in Spain: projects, challenges, and
What future does energy storage hold in Spain? Projects, regulations, and the key role after the nuclear shutdown.
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Commission approves €699 million Spanish state aid scheme to
The European Commission has approved a €699 million Spanish scheme to support investments in energy storage facilities to foster the transition towards a net-zero
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Strategies for Growing Spain''s Storage Capacity to 20 GW by 2050
The Spanish government has recently allocated €150 million to catalyze energy storage projects linked to renewable installations, an initiative that demonstrates a strong
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Spain GES2024
In December 2023, the Spanish ministry unveiled state aid of €150 million to incentivize hybrid projects across Spain for 36 energy storage projects co-located with renewable energy
Read moreFAQs 6
How much money will Spain spend on energy storage projects?
Spain’s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid flexibility and integrate more renewables. Vanadium redox flow battery installed at the Son Orlandis solar farm in Mallorca.
Will Spain back energy storage?
A public consultation exercise about the proposed funding program opened on Monday and will close on Friday. Spain already backs energy storage with more than €600 million of NextGenEU funding which was allocated as part of Spain’s, post-Covid Recovery, Transformation, and Resilience Plan.
What is Spain's energy storage strategy?
Spain’s government has approved an energy storage strategy that it says will put the country “at the forefront” of what is being done in Europe and help it move towards its 2050 climate neutrality target. The roadmap foresees the country ramping up its storage capacity from the current 8.3GW level to 20GW by 2030 and then 30GW by 2050.
Can Spain deploy large-scale energy storage with co-financing of 85%?
The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%. The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain.
How many energy storage projects will be financed by MITECO?
MITECO anticipates 80 to 120 energy storage projects will be financed by the scheme before 2030 and will have a total project capacity of 2.5 GW to 3.5 GW. A public consultation exercise about the proposed funding program opened on Monday and will close on Friday.
How much money does ESS invest in a project?
The total investment is estimated at €786 million, with an average subsidy covering 21.32% of a project's cost. To keep reading, please visit our ESS News website. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
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