The Spanish government has awarded €165 million ($188.4 million) to seven reversible pumped hydro projects that will add more than 21 GWh of storage capacity across six regions.
From ESS News
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO), through the Institute for Energy Diversification and Saving (IDAE), has awarded €165 million in funding to seven innovative pumped storage projects under the second call of the BORALMAC program.
The selected projects will add 2.071 GW of installed generation capacity and 21.091 GWh of storage capacity across Andalusia, Asturias, Aragon, Extremadura, Catalonia, and Galicia. The government increased the original €90 million budget by €75 million due to strong demand for funding.
Six of the seven projects involve new reversible hydropower plants, while the remaining project in Extremadura will use existing hydropower infrastructure to increase storage capacity through pumped hydro.
