SPAIN INCREASES ENERGY STORAGE TARGET TO 22.5GW BY 2030

Spain has increased its energy storage target by 2030 to 22.5 GW includes solar thermal capacity. The Spanish government, through the Ministry of Ecological Transition (MITECO), has passed a royal decree that updates the country’s National Energy and Climate Plan (NECP) targets between 2023-2030. The country aims to launch a manufacturing scheme for renewables and energy storage, which will have a provision of €750 million (US$835 million).

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