The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy generation and storage projects on the Canary Islands.
Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ‘largest BESS in the world’ in Chile.
The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026.
More than 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, but long-duration energy storage (LDES) could reduce or eliminate that need.
Spain-based Ingeteam supplied the power conversion and inverter equipment for the first phase of a 1GW solar-plus-storage project in Mexico, the country’s largest.
The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026.
Mining giant Glencore, Spain-based utility Iberdrola and commercial waste management firm FCC are partnering to develop lithium-ion battery circularity solutions, including recycling and second life.
