Spain’s €699 million scheme to support 2.5-3.5GW of storage following EU approval
The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
Independent power producer (IPP) RWE has commissioned a 35MW/41MWh BESS in the Netherlands, while commissioning is progressing on a smaller system with grid-forming capabilities.
February 2025 saw around 4.5GW/10.5GWh of grid-scale BESS deployments globally, with China continuing to account for the majority but Europe increasing its share from January.
MW Storage has enlisted optimiser Entrix to commercialise 50MW/100MWh of the capacity of a project twice that size in the town of Arzberg, Germany.
We caught up with a partner at insurance broker Lockton about recent developments in the space, including the ramifications – or lack thereof – of the recent Moss Landing fire on insuring BESS projects going forward.
Renewco Power and Atlantica Sustainable Infrastructure will develop and build a pipeline of BESS projects in Spain.
Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the country.
The UK now has nearly 9GWh of grid-scale BESS online, with more than double that figure under construction.
BESS technology has won the bulk of new resource contracts in the capacity market (CM) auction for delivery in 2027 in Italy.
The European Union (EU) has launched the Clean Industrial Deal and Affordable Energy Action Plan, which dedicate at least €100 billion towards boosting industry, manufacturing and speeding up the rollout of renewables and energy storage.