Spain''s Grenergy to invest €2.6bn in solar and storage projects

Grenergy has started construction on the Oasis de Atacama project, a new battery energy storage system (BESS) in the north of Chile. It will be the world''s largest BESS project with a 4.1GWh storage and 1GW solar capacity, said Grenergy. The company will invest a total of $1.4bn for the project, which will developed in five phases.

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Winning bid in Solar Energy Corporation of India 1,000MWh tender revealed

Bidding took place last week in a reverse auction to contract for 500MW/1,000MWh of standalone battery energy storage capacity with the Solar Energy Corporation of India (SECI). Various news outlets reported on Friday (26 August) that JSW Renew Energy Five, a special purpose vehicle formed by the renewable energy …

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Spain awards contracts to 1.9GWh energy storage in first PERTE …

The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1809MWh in its first tender for energy storage to be co …

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Japan: 1.67GW of energy storage wins in capacity auction

Over a gigawatt of bids from battery storage project developers have been successful in the first-ever competitive auctions for low-carbon energy capacity held in Japan. A total 1.67GW of projects won contracts, including 32 battery energy storage system (BESS) totalling 1.1GW and three pumped hydro energy storage (PHES) …

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Unlocking opportunity: Analysing Spain''s battery storage landscape

Download the analysis report by LCP Delta and Santander on the investment opportunity in Battery Energy Storage Systems (BESS) in Spain. Sam Hollister Head of Energy Economics, Policy, and Investment. Contact Sam. 17 July 2023. Energy transition Investment Energy consultancy Energy storage research.

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Grenergy plans ''world''s largest'' 4.1GWh Chile battery storage

Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ''largest BESS in the world'' in Chile. According to its Strategic Plan 2023-2026, the IPP will commit US$2.6 billion to these expansions, with US$1.5 billion allocated to solar PV and US$800 ...

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Highview Power Developing 2 GWh of Liquid Air Long Duration Energy Storage Projects in Spain

Once enacted, this new regulation will enable the country to meet the goals established through its national energy storage strategy, which call for 20 GW of storage capacity in 2030. These projects will be developed in areas ideally suited for the company''s long duration energy storage technology and will be able to support the grid where fossil …

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Financial close achieved for 100MWh battery energy storage project in Belgium

It''s expected to be completed in the final quarter of 2022, connected to Belgium''s high voltage grid. Financial close has been reached for a 25MW / 100MWh battery energy storage system (BESS) project in Belgium which has also been successful in a grid capacity auction alongside gas-fired power plants.

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Sungrow''s high expectations for Spanish energy storage market despite lack of regulation

Proof of this interest in the Spanish market is the company''s choice of location to host its PowerTitan 2.0 Experience Day in Madrid – which Energy-storage.news attended – earlier this month, showcasing its latest product in energy storage systems to the European scene, where it targets to deploy 200MWh of Power Titan 2.0 systems this …

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India''s US$455m Subsidy Scheme for Battery Storage Projects

It will also foster the development of large-scale battery energy storage systems by encouraging competitive bidding to drive down costs. The government anticipates the scheme will generate private investments worth INR 56 billion (approx. US$680.47 million) through this initiative.

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California utility PG&E proposes 1.6GW/6.4GWh of new battery storage across nine projects

Edwards Sanborn Energy Storage Terra-Gen 169MW/676MWh Mojave, Kern County August 2023 Canyon Country Energy Storage Terra-Gen 80MW/320MWh Santa Clarita, LA County October 2023 MOSS350 Vistra …

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Spain to fast-track solar PV permits in bid to tackle energy crisis

Spain is to fast-track solar PV projects with generation capacities of up to 150MW as part of a suite of measures the country has enacted to help ease an energy crisis affecting the country. The ...

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Pro Bid Energy

Spain''s climate makes it a great place for solar PV farms. Naturgy is one of those to have developed projects in the country. Image: Naturgy. A Madrid-headquartered developer has proposed a solar-plus-storage system in Spain with a 100MW/200MWh battery energy storage system (BESS). A request for environmental impact study, …

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Spain launching grants for 600MW of energy storage

The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in …

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BYD to supply BESS for ''world''s largest energy storage project''

EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world. Independent power producer (IPP) Grenergy and BYD have signed a strategic agreement for the supply of 1.1GWh of battery energy storage systems (BESS) for the …

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Morocco reveals bidders for 400 MW/400 MWh solar-plus-storage …

Morocco has announced the pre-qualified bidders for the 400 MW Noor Midelt III solar project, with 400 MWh of battery storage. The Moroccan Agency for Sustainable Energy (Masen) has published a ...

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Spanish govt approves energy storage strategy, sees 20 GW in …

The Spanish government on Tuesday approved the energy storage strategy, targeting some 20 GW of storage capacity in 2030 and reaching 30 GW by 2050 from today''s 8.3 GW. Storage that is currently available in Spain comes mainly from pumped hydro and concentrated solar power (CSP) plants, to which the government …

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Puerto Rico nears awards for 800 MW solar and 220 MW storage, toward multi-GW goals – pv magazine USA

Puerto Rico''s utility PREPA has forwarded project bids for 800 MW of utility-scale solar and 220 MW of storage to the Puerto Rico Energy Bureau for approval. Both the Energy Bureau and the Financial Oversight and Management Board (FOMB) must approve the proposals before contracts are finalized, said PJ Wilson, president of the …

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Global news, analysis and opinion on energy storage …

A double-header of Netherlands news, with SemperPower and Corre Energy planning a 640MWh BESS at the latter''s compressed air energy storage (CAES) site and Powerfield commissioning the country''s …

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Auto-bidding and the future of energy storage

Auto-bidding and the future of energy storage. May 6, 2021. When envisioning the future of the energy industry, widespread adoption of more renewable energy sources is often at the top of the list. 2020 saw a devastating blow to many industries, but while COVID-19 brought a significant decline in energy generation using …

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Ingeteam supplied full BESS solution to Spain''s first solar-plus-storage project

Battery storage at Iberdrola''s Arañuelo III DC-coupled solar-plus-storage plant. Image: Iberdrola. Ingeteam has announced that it was supplier of the full battery energy storage system (BESS) solution to Spain''s first-ever solar PV plant equipped with energy storage

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Spain awards subsidies for 904 MW of energy storage projects

The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds …

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Energy storage trends Spotlight on Spain

To that end, the PNIEC commits to the commissioning of at least 6 GW of storage (3.5 GW of pumped storage and 2.5 GW of batteries). The Spanish government has implemented a set of measures aimed at increasing the stability of the electricity system, including new regulations aimed at boosting the deployment of storage facilities.

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Spain launching grants for 600MW of energy storage, including thermal, for H1 2026 completion

The competitive bidding process would see MITECO provide €150 million in grants for energy storage projects that are either standalone or paired with renewable energy resources, new or existing, including pumped hydro energy storage (PHES). Another €10 million would go towards thermal energy storage projects. As is normally …

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Projects selected for grant preparation

Among those, the European Commission has selected 41 projects to prepare grant agreements . Through these projects, the EU is committing EUR 3.6 billion to bring innovative technologies to the market in energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables.

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EDP to invest EUR 470M in Asturias Spain Promoting Green Hydrogen and Energy storage Projects …

The company, which aims to be 100% green in 2030, announces the first floating wind farm in Spain for Asturias and promotes projects related to green hydrogen and energy storage in the Principality. These are EDP''s plans for the autonomous community, where it wants to contribute decisively to promoting the generation of 100% …

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Spain awards contracts to 1.9GWh energy storage in first PERTE …

Spain targets 20GW of new energy storage by 2030. The first tender ended up being oversubscribed with more than 1.1GW/1.1GWh capacity, between 58 …

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NTPC renewable arm tenders 500 MW/3,000 MWh …

Global bids are invited to develop a cumulative 500 MW of energy storage system facilities on a ''build-own-operate'' basis anywhere in India. The proposed plants can be set up in sizes ranging from 100 MW …

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Spain awards contracts to 1.9GWh energy storage in first PERTE …

12. 2023 13:31 https://, Jonathan Touriño. The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1809MWh in its first tender for energy storage to be co-located with renewables. #Renewables #storage #batterie.

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Spain provides financial support for 600 MW of utility-scale storage …

The Spanish government say it will finance five hybrid battery energy storage projects, with a cumulative installed capacity of at least 600 MW. Each project can secure up to €15 million ($15.68 ...

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Spain to award EUR 280m in state aid for energy storage projects

The Spanish ministry for the ecological transition on Friday opened two funding programmes, providing a combined total of EUR 280 million (USD 310.4m) in …

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