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
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
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,
It will take the form of direct grants covering no more than 85% of a project''s capital expenditure, and is open to all technologies and
Welcome to Madrid''s energy landscape, where solar power and energy storage solutions are rewriting Europe''s renewable playbook. With Spain aiming for 22.5GW of energy
The scheme aims to deploy between 2.5 and 3.5 gigawatts (GW) of new storage capacity, enhancing the flexibility and resilience of the national power system while enabling
Successful applicants will receive up to 85% of their civil works, storage systems, auxiliary equipment, and system costs for grid
A new solar power plant has officially opened near Madrid, Spain, marking a pivotal advancement in the nation''s renewable energy efforts. This large-scale facility is among
The country aims to deploy 22 GW of energy storage by 2030 and 50 GW by 2050. Currently, the total installed capacity of energy storage in Spain—covering planned,
It will take the form of direct grants covering no more than 85% of a project''s capital expenditure, and is open to all technologies and standalone, renewables-hybridised
It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and
Successful applicants will receive up to 85% of their civil works, storage systems, auxiliary equipment, and system costs for grid-connected battery, pumped hydro, and thermal
It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and thermal energy storage. The program supports
The selected projects range from large-scale battery systems to industrial thermal storage and new pumped-hydro plants, reflecting both the technological maturity of the sector
PDF includes complete article with source references for printing and offline reading.
Download detailed specifications for our distributed PV energy storage systems and liquid cooled ESS containers.
Calle de la Energía 24
Madrid 28045, Spain
+34 911 224 722
Monday - Friday: 8:00 AM - 7:00 PM CET