Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.

Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.

Italy and Spain are set to soar as energy storage markets with multiple gigawatt-hours under construction and much more in the pipeline, but there are questions around the regulatory frameworks driving deployments in each country.

Three executives from the world’s largest battery company CATL gave a Q&A at ees Europe last week, with Energy-Storage.news in attendance.

European Investment Bank has committed €108 million to upgrades at a pumped hydro energy storage (PHES) project in Extremadura, Spain.

The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.

Juan Ceballos, Trina Storage head of sales for Europe, tells ESN Premium how one of solar’s big players aims to become a major presence in energy storage.

Renewco Power and Atlantica Sustainable Infrastructure will develop and build a pipeline of BESS projects in Spain.

Germany and the UK are currently Europe’s ‘hottest’ markets for battery storage, but others present exciting opportunities, too.

Industry experts discussed the varying approaches in Europe to procuring energy storage via long-term support schemes on Day One of Solar Media’s Energy Storage Summit 2025 in London, which kicked off today (18 February).