The European Commission said it will support the construction of 1,800MWh of new ‘electricity storage projects’ while Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) said it would support a total of 2.5-3.5GW of new capacity, in a separate announcement.
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.
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.
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The Nuevos Ministerios complex in Madrid, which houses several government departments include the Ministry of the Environment …
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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 17 December, Hyperion Renewables launched construction of its first battery energy storage projects in Portugal, in Estremoz and Évora. The 16 MW / 64 MWh solar-plus …
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The energy storage landscape is changing quickly as scientists work to create better and longer-lasting storage solutions. …
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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.
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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.
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Battery Energy Storage Systems (BESS) play a pivotal role in supporting the wider adoption and integration of renewable energies (RE) …
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Madrid-based renewables developer Solaria has announced the purchase of 1,102 MWh of battery energy storage systems, which will be installed across six of its projects in …
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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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Europe urgently needs diversified energy and mineral supply chains. Latin America is a key geography for increased engagement. The region can play a strategic role in meeting …
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24 June 2025, MADRID — Global energy storage owner-operator BW ESS and Getxo-based energy storage developer Ibersun have signed a joint venture to develop, in its first phase, …
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The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has published in the Official State Gazette a total of 41 energy storage projects …
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This report provides the latest, real-world evidence on the cost of large, long-duration utility-scale Battery Energy Storage System (BESS) projects. Drawing on recent auction …
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Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal …
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Bulgaria will provide 228.9 million levs ($137.8 million/117 million euro) to finance 31 projects for electricity storage facilities, which will create over 4,000 MWh in usable energy …
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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 …
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The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world’s …
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