Spain has started to reshape its policy landscape to keep pace with this new reality. Auctions that bundle renewable projects with storage are creating incentives for
Spain will be able to meet 68% of its electricity demand with renewable energy by 2030 and 88% in 2050, according to a report co-authored by Bloomberg New Energy Finance (BNEF) and Spanish renewables and
The Spanish ministry for the ecological transition on Friday opened two funding programmes, providing a combined total of EUR 280 million (USD 310.4m) in state aid to advance energy storage projects.
Future solar and wind projects: promise and pitfalls Spain boasts Europe''s largest pipeline of utility-scale renewables projects in development – led by utility-scale solar, where Spain''s prospective capacity (113.9 GW) is more than the next
Prime minister Narendra Modi on a 2022 visit to Modhera, India''s first 24/7 solar-powered village. Image: Narendra Modi via X/Twitter. India''s ambitious drive for renewable
Spanish renewable capacity is set to rise drastically between 2024 to 2050 In times of surplus supply and low demand frequent negative prices have occurred, raising
Spain''s government has approved an energy storage strategy that it says will put the country "at the forefront" of what is being done in Europe and help it move towards its 2050 climate neutrality target.
Spain''s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid
Explore how Spain is leading the way in renewable energy with innovative solutions for a greener future. Dive into Spain''s eco achievements.
The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds to
The European Commission has approved a substantial €699 million state aid scheme aimed at bolstering energy storage in Spain, positioning the nation firmly on the path
Spain has increased its energy storage target by 2030 to 22.5GW in the latest update of its National Energy and Climate Plan (NECP). The Spanish government, through the
Driven by the goal of energy transformation, Spain''s energy storage industry is full of potential, with continuous technological innovation and progress. The government has given strong support in terms of funds and policies, and the
Renewable energy will cover almost half of the world''s electricity demand by 2030, according to the Renewables 2024 report by the International Energy Agency (IEA),
The Spanish government has made few changes to its final 2023-2030 National Integrated Energy and Climate Plan (NECP) compared to the draft version, raising only energy
The first of Spain''s new renewable energy auctions is set to take place next week, as the country offers the possibility for bidders to include energy storage in their offers.
The Spanish ministry for the ecological transition on Friday opened two funding programmes, providing a combined total of EUR 280 million (USD 310.4m) in state aid to
Spain is an established green energy leader in Europe, with its significant wind and solar generation capacity giving renewable power generation over a 50% share of the
Increase in energy storage projects Spain is experiencing significant growth in the energy storage market, driven by its firm commitment to the renewable energy targets set out in the National Integrated Energy and
In 2023, 79 GW of installed renewable power capacity was reached (+11% vs 2022), with a significant growth in self-consumption (accumulating more than 7GW). Spain is also being a
The use of renewable energy is expected to grow rapidly in the next few years. With the aim of achieving climate neutrality by 2050, the Spanish energy sector is undergoing a
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
Spain has updated its National Energy and Climate Plan (NECP) for the 2023-2030 period, increasing its ambitions. The new 2023-2030 roadmap plans to reduce greenhouse gas (GHG) emissions by 32% by 2030
Iberia: Why are there no batteries in Spain? Spain''s battery energy storage market is at a critical point. Despite being a leader in renewable energy deployment in Europe, the country has only
Spain is targeting 20GW of energy storage by 2030. This BESS was deployed by Ingeteam at a green hydrogen facility in Ciudad Real. Image: Ingeteam. The government of Spain is launching €160 million (US$170 million)
Spain will be able to meet 68% of its electricity demand with renewable energy by 2030 and 88% in 2050, according to a report co-authored by Bloomberg New Energy
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
The market for utility-scale storage projects remains comparatively small at around 100MW, though a pipeline of projects is beginning to emerge.2,3,4,5 Much of Spain''s existing utility
Spain and Italy present a €45 million opportunity for BESS insurance premiums. Discover how NARDAC supports renewable energy projects in these regions.
