The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds to support 36 energy storage projects co-located with renewable energy facilities throughout Spain. Awarded through a competitive bidding situation, these funds will subsidise the installation of a total of 904 […]
Spain grants EUR 28m in state aid for solar, storage in Balearic Islands – EQ
The Spanish ministry for the ecological transition has awarded around EUR 28 million (USD 30.7m) in state aid to incentivise the installation of renewables and energy storage systems in the Balearic Islands. The funding will be distributed through the ministry’s implementing agency, the Institute for Diversification and Energy Saving (IDAE), which selected 15 projects in […]
India, Spain look forward to progress in India-EU FTA talks – EQ Mag
New Delhi : India and Spain are looking forward to considerable progress in the ongoing India-European Union (EU) free trade agreement (FTA) negotiations during the upcoming Spanish presidency of the EU from July to December this year. Both nations have also agreed to further extend cooperation in sectors like civil aviation, automation, surveillance, high-speed railways […]
Spain awards EUR 200m in grants for green H2 initiatives – EQ Mag
The Spanish ministry for the ecological transition said on Friday it had awarded around EUR 200 million (USD 218m) in state grants to domestic green hydrogen production and hydrogen value chain projects following a competitive procedure. The funds, drawn from the Covid recovery instrument, will support 37 projects selected through two competitive programmes — the […]
VW aims to produce 3 mln small EV cars in 2025-2030 in Spain, SEAT chief says – EQ Mag
BARCELONA : German carmaker Volkswagen plans to produce 3 million small electric vehicles at its two plants in Spain between 2025 and 2030, Wayne Griffiths, the chairman of VW’s Spanish unit SEAT, said on Wednesday. The German car maker is pushing the electrification of its production and plans to build a battery plant in Spain. […]
Spain says Germany to join hydrogen pipeline project – EQ Mag
The hydrogen pipeline will bring “green” gas from the Iberian Peninsula to the rest of Europe. France, Portugal, and Spain previously agreed to build the pipeline, which should be operational by 2030. Germany will join a new hydrogen pipeline project between Spain, Portugal and France, according to the Franco-German declaration on Sunday’s 60th anniversary of […]
Spain to study electric connection with France alongside hydrogen pipeline – EQ Mag
Spain and France have agreed to explore the possibility of laying an electrical connection alongside a future underwater pipeline carrying green hydrogen between the countries, Spain’s Energy Minister Teresa Ribera told Reuters. The Spanish government, which has criticised the country’s energy isolation from other parts of Europe, argues that improving connections with France will help […]
Lightsource BP to sell 247MW solar project portfolio in Spain – EQ Mag
The solar PV cluster includes five projects that have been operational since 2021. British solar energy company Lightsource BP has reached an agreement to sell its 247MW solar photovoltaic (PV) project cluster in Aragón, Spain. The solar PV cluster comprises five projects located in Aragón, Spain, which have been operational since 2021. These projects have […]
Europe to Construct Ultra-Large Hydrogen Pipeline Connecting Portugal, Spain, and France – EQ Mag
Europe is on the verge of initiating the first large hydrogen pipeline project H2MED that connects Portugal, Spain, and France, and will cost about EU€2.8 billion, with half of the fund being provided by the EU. Pedro Sánchez, Prime Minister of Spain, as well as Emmanuel Macro, President of France, and António Costa, Prime Minister […]
Musk: Ultra-Large Solar Plants in Spain would Resolve Europe’s Energy Crisis – EQ Mag
Business tycoon Elon Musk tweeted In April that the establishment of an ultra-large solar power plant in Spain would provide power for the entire Europe, and still believes such action can resolve the EU’s existing energy crisis. Musk responded to the tweet by pointing out that an establishment solar power and energy storage in a […]