The Spanish Government has made â‚¬280 million in funding available for new energy storage projects.
The Ministry for Ecological Transition and the Demographic Challenge (MITECO) said that â‚¬180 million would be available for thermal storage, with â‚¬100 million available for pumped hydro storage.
The funding will be made available via a competitive tender – applications can be made here.
MITECO said the subsidies were aimed at turning storage into an â€œessential pillarâ€ of the energy transition.
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