Spain awards €265 million for 49.9 GWh of pumped hydro storage

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Spain awards €265 million for 49.9 GWh of pumped hydro storage

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Spain is investing €265 million through public subsidies to support 11 pumped hydroelectric energy storage projects with a total capacity of 49.9 GWh. This initiative aims to advance renewable energy storage infrastructure and enhance grid stability.

Pumped hydroelectric energy storage is advancing in Spain, with 11 projects backed by €265 million in public subsidies from a government program. The post Spain awards €265 million for 49.9 GWh of pumped hydro storage appeared first on pv magazine Global.

Politics Markets Deals Energy pumped hydro storage energy storage public subsidies Spain renewable energy infrastructure investment

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