Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. . Spain's Institute for the Diversification and Saving of Energy confirmed €827 million ($961. 3695bn to boost strategic projects in energy storage, efficiency, offshore wind, thermal networks and industrial transition. A line-by-line overview of all active calls, including budgets, deadlines, requirements and eligible applicants. The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. 9 GWh of capacity to the national system. The incentive scheme, known as PINALM, is co-financed. . Global energy storage capacity was estimated to have reached 36,735MW by the end of 2022 and is forecasted to grow to 353,880MW by 2030.
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