Spanish government offers €280m for storage projects

July 25, 2023

The Spanish Government has made €280 million in funding available for new energy storage projects.

The Ministry for Ecological Transition and the Demographic Challenge (MITECO) said that €180 million would be available for thermal storage, with €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 “essential pillar” of the energy transition.

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