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Home - Policy - 811 MW/3.6 GWh of storage projects planned for Spanish PERTE financing – SPE
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811 MW/3.6 GWh of storage projects planned for Spanish PERTE financing – SPE

solarenergyBy solarenergyOctober 1, 2024No Comments1 Min Read
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Pending approval, a total of €167.6 million ($187.1 million) has been allocated to 46 standalone thermal and electrical energy storage projects, with costs ranging from €170/kWh to €409/kWh.

October 1, 2024 Emiliano Bellini

Image: NuKi Chikhladze, Unsplash

By ESS news

The Spanish Ministry for Ecological Transition and the Demographic Challenge (MITECO) has published the provisional resolution of its first tender for innovative storage projects.

Of a total budget of €180 million, €167.6 million in capex subsidies has been allocated to 46 projects, with a cumulative capacity of 811.16 MW and storage capacity of 3,590.21 MWh.

The total investment is estimated at €786 million, with an average grant covering 21.32% of the project costs.

Visit our website to read more ESS news website.

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