Spain new energy power generation project energy storage

Spain Invests Over €800 Million to Support Energy Storage Projects

These projects are expected to add 2.2 gigawatts of generation capacity and 9.4 gigawatt-hours of storage capacity to Spain''s grid. The renewable energy sources paired with

2025 Sep 04

Spain increases energy storage target in

Image: Iberdrola. Spain has increased its energy storage target by 2030 to 22.5GW in the latest update of its National Energy and

2024 Aug 26

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

2025 Jul 06

Spain''s €700 Million Plan to Boost Energy Storage and Renewable Power

This article explains what the program involves, how energy storage benefits the grid and environment, the market opportunities it creates, and who will benefit from this major

2023 Jan 16

European Commission approves new 700

The European Commission has approved a new aid scheme that will allow Spain to deploy large-scale electricity storage, both in

2024 May 02

Spain''s €700M Battery Storage Expansion: 8.9GWh Funded,

Spain''s battery storage program expanded to €840M, funding 143 projects totaling 8.9GWh. Learn how this initiative creates opportunities for solar-storage hybrids and boosts

2023 Jul 27

Spain allocates funding for 9.4 GWh of large-scale storage projects

Spain has awarded more than €818 million ($956.3 million) in European Union funding to 126 energy storage projects totaling 2.2 GW of power and 9.4 GWh of capacity.

2024 Aug 03

Spain allocates €818 million funding to energy storage projects

Hybrid storage projects are primarily paired with renewable generation, with solar power involved in 38 projects and wind power in 18 projects. Furthermore, nine projects

2023 Apr 23

Energy storage is growing in Spain with 3,400 MW of capacity

Energy storage has experienced an unprecedented boost in Spain during the third quarter of 2025. According to data from the Renewable Energy Observatory, prepared by

2023 Oct 21

UK Groups Supporting 2.2 GW of Battery

Officials have discussed fast-tracking BESS projects, including providing special grid connection routes, as Spain looks to build

2025 Oct 01

Green light for 740 MWh Spanish battery

Spain''s MITECO issued positive EIS for three energy storage projects during the week starting Nov. 9, 2024. The Gecama site features

2023 Oct 08

Iberdrola to deploy 300MWh of battery

Iberdrola will deploy battery storage (BESS) projects in Spain adding up to 150MW/300MWh, to be co-located with existing PV plants.

2024 May 21

Spain launches EUR-50m scheme for renewable power and heat projects

Spain will allocate EUR 50 million (USD 58.6m) in grants to help power and heat production plants replace fossil fuels with renewable sources under a new support programme

2024 Oct 13

Spain''s €700 Million Plan to Boost Energy

This article explains what the program involves, how energy storage benefits the grid and environment, the market opportunities it

2024 Mar 16

Overview of energy storage in Spain: projects,

What future does energy storage hold in Spain? Projects, regulations, and the key role after the nuclear shutdown.

2023 May 25

European Commission approves new 700 million aid scheme to boost energy

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

2024 Oct 19

Spain Starts New €355 Million Renewable Energy

"The new call for funding proposals is inviting equipment makers from the following categories to participate: solar, onshore wind and marine renewables, batteries and energy

2025 Apr 13

EU approves Spain''s €700m energy storage

The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain.

2023 Nov 05

The latest developments in the Spanish

On the other hand, has made rapid progress in phasing out coal-fired power generation, with Spanish nuclear power plants continuing to

2024 Aug 21

Call for applicants to Spain''s €700m large

Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal

2023 Feb 07

Spain allocates funding for 92MW generation,

The projects will add 92MW of generation and 186MWh of energy storage capacity across the Canary archipelago, though the

2025 Sep 04

Spain

Spain is the 8th most attractive market for renewable energy investment as per EY''s biannual Renewable Energy Country Attractiveness Index (RECAI) published in June

2025 Jun 01

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4 FAQs about Spain new energy power generation project energy storage

How will the European Commission support large-scale energy storage in Spain?

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 standalone energy storage sites, projects installed alongside renewable energy facilities, and storage planned as part of thermal power plants.

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.

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.

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.