How will battery storage work in Spain?
Following its launch in Italy last year, the business will deploy battery storage in Spain, driving progress towards the country’s 2030 clean power target and deployment goals for renewable energy. Batteries create a reliable, greener and more flexible grid which will improve energy security and enable the transition to net zero.
Why should Spain invest in batteries?
Batteries create a reliable, greener and more flexible grid which will improve energy security and enable the transition to net zero. With ambitious targets, Spain is rapidly deploying renewable energy to decarbonise its grid and expects to increase clean energy generation to 81% by 2030.
How much money will Spain get from a battery project?
Some 35 battery sites with a total scale of 690.2 MW/2.82 GWh will receive €150 million under the program. A further 10 thermal storage sites will receive €6.48 million and add 88.35 MW/591.27 MWh of capacity to Spain’s grid. All the projects will be operational in either 2025 or 2026.
How much power will Spain's energy storage projects add to the grid?
The 45 battery and thermal energy storage projects allocated European Union subsidies will add more than 779 MW/3.4 GWh of capacity to the Spanish grid.
Why should you invest in Toni battery storage in Spain?
Amit Gudka, CEO, Field: “Toni brings deep expertise to our operations in Spain, an important market as we expand across Europe and work to achieve a net zero future. Without battery storage, renewable energy cannot scale at the pace the world needs to decarbonise.
What's happening with solar-plus-storage in Spain?
Another interesting solar-plus-storage development for Spain was reported by Energy-Storage.news last month: Enel Green Power ordered a vanadium redox flow battery (VRFB) energy storage system from technology provider Largo Clean Energy for installation at a solar plant on the island of Mallorca.
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