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.
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.
Investing in energy storage helps Spain meet its climate goals. This includes achieving carbon neutrality by 2050. Storing renewable energy instead of wasting it helps the country rely less on fossil fuels. This also cuts down greenhouse gas emissions. Pumped hydro, thermal storage, and battery systems are effective technologies.
Developers have pledged €1.99 billion in total investment for 144 projects representing 2.61 GW and 11.14 GWh of capacity. 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. To continue reading, please visit our ESS News website.
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Spain is processing 462 energy storage projects totaling 7.6 GW. See the hybrid vs standalone split, regional hotspots, and technical implications for delivery and O&M.
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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. …
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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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The future of energy storage in Spain Experts gather at the offices of DLA Piper in Madrid, Spain to discuss the role of energy storage (BESS) in Spain, facing the challenges of …
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Over 2.3 GW of storage in processing and 25 projects progressing in 2025 in Spain Spain’s storage landscape is diversifying with BESS and pumped hydro projects across …
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The future of energy storage in Spain Experts gather at the offices of DLA Piper in Madrid, Spain to discuss the role of energy storage …
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Spain’s MITECO has a dozen energy storage projects going through its environmental permitting process, in addition to two sites the ministry has designated …
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The Spanish energy agency has proposed funding for 144 energy storage sites totaling 2.61 GW and 11.14 GWh under a European Regional Development Fund program.
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Energy storage has become a key piece of the electrical future in Spain, amidst the advance of renewable energies and the progressive …
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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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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 …
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The initial investment for the new base amounts to €60 million, covering an area of approximately 18,900 square meters, with operations expected to commence by the end of …
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