The call, launched in May, allocated €839. 7 million ($977. 3 million) – 20% more than initially planned – with only about €59,000 remaining unawarded. Developers have pledged €1. 99 billion in total investment for 144 projects representing 2. 61 GW and 11. . The Spanish energy agency has proposed funding for 144 energy storage sites totaling 2. 14 GWh under a European Regional Development Fund program. From ESS News Spain's Instituto para la Diversificación y Ahorro de la Energía (IDAE) has issued a provisional funding proposal for the. . The innovation energy storage project auction is seeing positive outcomes for Spain with a series of projects announced, and a domestic battery manufacturer rapidly expanding its output. Earlier in December, the results of Spain's auction for innovative energy storage projects was announced by the. . Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2. 5 gigawatts (GW) of storage. The funding was awarded by the Spanish Ministry for. . Spain's storage landscape is diversifying with BESS and pumped hydro projects across multiple regions, led by major utilities and new market entrants, and a connection pipeline that signals an accelerated rollout towards PNIEC targets. The Ministry for the Ecological Transition and the Demographic. . 023, sets a target of 81% renewable electricity generation and 22 GW of installed storage ca ci y by 2030. The Plan als storage facilities for an aggregate installed power of at least 600 MW or equivalent total capacity in MWh. Spain aims for a total tendered power between 500 and 1500 MW. .
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