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June 02,2025

Spain Launches €700M Energy Storage Support Scheme

Spain’s Ministry for Ecological Transition has launched a €700 million financial support scheme to deploy 2.5- 3.5GW of Energy Storage Projects, covering over 9GWh capacity. Open to battery, Thermal, Pumped hydro, and Hybrid projects, it offers capex grants with deadlines by July 2025. Managed by IDAE, funding will be distributed regionally, prioritizing Andalusia.

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