The Portuguese energy supplier Galp, in collaboration with BMW and BeePlanet, has launched a stationary energy storage system in Madrid utilizing disused electric car batteries. This system supplies high-power charging (HPC) points with buffered energy from the grid..
The Portuguese energy supplier Galp, in collaboration with BMW and BeePlanet, has launched a stationary energy storage system in Madrid utilizing disused electric car batteries. This system supplies high-power charging (HPC) points with buffered energy from the grid..
The bulk of the €814 million ($956 million) funding envelope will be directed to co-located energy storage projects, with standalone batteries receiving the next largest share. The Spanish Ministry for Ecological Transition and the Demographic Challenge (MITECO) has selected 126 projects to receive. .
Galp, in partnership with the startup BeePlanet and BMW, launched a pioneering energy storage system that uses end-of-life electric vehicle batteries to power ultra-fast chargers in Madrid. The "Second Life Batteries" project aims to reduce the emissions associated with the cycle of electric. .
The Portuguese energy supplier Galp, in collaboration with BMW and BeePlanet, has launched a stationary energy storage system in Madrid utilizing disused electric car batteries. This system supplies high-power charging (HPC) points with buffered energy from the grid. The core of the ‘Second Life. .
Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2.5 to 3.5 gigawatts (GW) of storage. It includes pumped hydro, thermal energy storage, and battery systems. The goal is to improve how Spain uses renewable energy. .
European Commission approves new 700 million aid scheme to boost energy storage in Spain [News] The Ministry of Ecological Transition and Demographic Challenge will promote the large-scale deployment of this technology by co-financing investments of up to 85%. The European Commission has approved a. .
IDAE will grant €657 million in real aid and a further €184 million in additional funding to boost 2.4 GW of new storage capacity. 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.
PVTIME – Swiss electrification specialist ABB has acquired Gamesa Electric, a producer of solar PV inverters and power conversion systems (PCS), in a deal whose value has not been disclosed.
