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
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.
A total of €700 million (US$800 million) is available in the form of capex grants. It is open to standalone battery energy storage system (BESS) projects, thermal energy storage projects and pumped hydro energy storage (PHES) projects as well as those that are hybridised with renewable generation facilities.
It is open to standalone battery energy storage system (BESS) projects, thermal energy storage projects and pumped hydro energy storage (PHES) projects as well as those that are hybridised with renewable generation facilities. Eligible costs include civil works, storage systems, auxiliary equipment and systems and related expenses.
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