The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market
Spain Invests in Energy Storage and Green Hydrogen
As the country moves toward greater renewable energy generation capacity and more robust storage infrastructure, is expected to play a leading role in the clean energy supply and in the export of green hydrogen at
bp and Iberdrola Approve 25MW Green Hydrogen Plant in Castellón
The 25 MW green hydrogen project at Castellón refinery will be operational by late 2026, funded by 15M euros from the EU. It aims to decarbonize industry and create up to
EU power grid needs trillion-dollar upgrade to avert
Europe''s ageing power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid
Energy Outlook 2025: Energy Storage
Energy storage is rapidly emerging as a vital component of the global energy landscape, driven by the increasing integration of renewable energy sources and the need for grid stability. As the world transitions towards cleaner
Key legal challenges and opportunities in Spain
Energy sector stakeholders in Spain—including developers, investors, and infrastructure operators—face a critical year of legal and regulatory developments. Renewable generation is hindered by declining prices, lack of
Spain is leveraging industrial clusters to lead Europe''s
With its strategic geographical position and abundant renewable resources and capabilities, Spain is uniquely positioned to lead Europe''s cleantech revolution. The country already accounts for 20% of green hydrogen
Spain offers EUR 700m in aid for large-scale energy
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
Nexwell Power lands 2.9-TWh PPA deal with US tech
UK renewables investor Nexwell Power has signed long-term power purchase agreements (PPAs) with a subsidiary of a major US technology company to supply electricity from 145 MWp of new solar and battery storage
Spain''s Grid Modernization and the Rise of Renewable Flexibility:
Energy Storage: The Cornerstone of the New Grid Storage is no longer a peripheral technology—it is the linchpin of grid resilience. Spain''s reforms incentivize battery
Spain second country in world for stand-alone battery-based
With a significant deployment of renewable energy capacity, Spain stands out in this report for two factors that go beyond traditional solar energy and wind sources in the
The capacity market in Spain: regulatory update and outlook for
The capacity market in Spain represents an opportunity for the storage sector but cannot be considered the sole basis for investment. Its design must be complemented by a
Spain launching grants for 600MW of energy storage
Eligible projects will be judged on economic viability, their capability of helping to integrate renewable energy on the grid, and the creation of local employment and business opportunities as part of their development.
Spain Invests in Energy Storage and Green Hydrogen
The Spanish Government has allocated a considerable sum of 160 million euros to finance energy storage projects, with the aim of connecting 600 MW to grid for the year 2026. Besides, an additional investment of 100
Spain second country in world for stand-alone battery-based
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),
Mirova Acquires Solar and Energy Storage Project Portfolio in Spain
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, signed an agreement for the acquisition of solar and energy storage projects in
Spain renewables projects strengthen Europe energy
The European Investment Bank is providing a €1 billion loan to Iberdrola to co-finance the construction of the 22 renewable energy plants in Spain, Portugal and Germany, in a deal signed in June 2023. Called a
Q ENERGY builds a further 96 MWp PV project in Spain
Expected to cover the annual electricity needs of 50,000 households Large-scale BESS hybridisation under development Completion scheduled for year-end 2026 6th Spanish Q ENERGY project started in 2025
Energy storage sector to attract Rs. 4,79,000 crore (US$ 56.07
India''s energy storage sector is set to attract US$ 56.07 billion in investments by 2032, with a five-fold growth expected between 2026 and 2032, driven by rising demand for
Enlight secures US$310 million for hybrid wind-solar
Independent power producer (IPP) Enlight Renewable Energy is expanding its Gecama Wind Project in Castilla-La Mancha, Spain, by integrating solar PV and battery energy storage systems (BESS). With