The Ministry of the Environment of Spain has launched its latest financial support scheme for energy storage, aiming to kickstart 2.5-3.5GW.
For stakeholders in battery storage, thermal storage, and pumped hydro, this program offers not only financial backing but also long-term stability and political support. Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity.
La Moncloa. 17/03/2025. European Commission approves new 700 million aid scheme to boost energy storage in Spain [News] The Ministry of Ecological Transition and Demographic Challenge will promote the large-scale deployment of this technology by co-financing investments of up to 85%.
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.
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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.
Customer ServiceSpain launches a €700 million energy storage program to boost renewable integration, grid reliability, and emissions reduction in support of its 2050 net-zero goals.
Customer ServiceThe 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.
Customer ServiceThe Ministry of the Environment of Spain has launched its latest financial support scheme for energy storage, aiming to kickstart 2.5-3.5GW.
Customer ServiceThe 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%.
Customer ServiceSpain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative, …
Customer ServiceSpain launches a €700 million energy storage program to boost renewable integration, grid reliability, and emissions reduction in support of its 2050 net-zero goals.
Customer ServiceEnergy storage has experienced an unprecedented boost in Spain during the third quarter of 2025. According to data from the Renewable Energy Observatory, prepared by …
Customer ServiceSpain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative, led by MITECO and backed by EU …
Customer ServiceThis new funding builds on earlier support under Spain’s Recovery, Transformation and Resilience Plan (PRTR), which has already mobilized €730 million for 4.5 GW of storage …
Customer ServiceThe 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%.
Customer ServiceSpain receives €700 million in EU funding to deploy large-scale energy storage, boosting renewable energy integration and grid stability. Learn about the program''s scope, …
Customer ServiceThe 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 …
Customer ServiceThe Ministry of the Environment of Spain has launched its latest financial support scheme for energy storage, aiming to kickstart 2.5-3.5GW.
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