Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. 14 GWh under a European Regional Development Fund program. From ESS News Spain's Instituto para la Diversificación y Ahorro de la Energía (IDAE) has issued a provisional funding proposal for the. . The government of Spain has chosen the 143 energy storage projects that will receive capex support from an EU-backed scheme, totalling nearly 9GWh of capacity. The goal is to improve how Spain uses renewable energy. . IDAE will grant €657 million in real aid and a further €184 million in additional funding to boost 2. Andalusia, Galicia and Castilla-La Mancha concentrate the majority of the funds. Spain has taken a decisive step towards consolidating energy storage as a cornerstone. . ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors.
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