Solar storage inverter tender price in Spain 2026

How much money will Spain spend on energy storage projects?

Spain’s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid flexibility and integrate more renewables. Vanadium redox flow battery installed at the Son Orlandis solar farm in Mallorca.

Will Spain get 20GW of new energy storage by 2030?

Spain is targeting 20GW of new energy storage by 2030. MITECO also launched a similarly-sized grant scheme specifically for co-located or hybridised energy storage projects, for which proposals were due in March 2023. Enel Green Power submitted two projects during the first quarter which fit the criteria, totalling 60MWh and 38MWh respectively.

Will solar power be auctioned in Spain?

A recently published indicative auction calendar foresees at least 10GW of PV capacity and 8.5GW of wind to be auctioned in Spain in the next five years, with renewables projects paired with storage allowed to participate.

What's it like to attend Solar & Storage in Spain?

It was a fantastic event, I'm much more informed about the state of solar and storage in Spain than I was before attending. It is a very good place to sense the state of the art of solar technologies and business. A very interesting event focused on solar and storage, many interesting speakers and a very good location.

Is there a market rationale for large-scale storage systems in Spain?

“To date, there was absolutely no market rationale to deploy large-scale storage systems in Spain. But this government target has triggered changes in the regulatory framework by granting storage a specific status. In addition, new markets are in the process of opening up to storage, such as ancillary services.”

Will storage be allowed to participate in future renewables auctions?

According to Corentin Baschet, head of market analysis at Clean Horizon, storage is likely to be allowed to participate in future renewables auctions in other European markets. “However, storage will only be deployed if it enables the bid to be more competitive, which is not always the case,” he said.