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Title:

Spain opens €90 million funding round for 7 GWh of pumped hydro storage

Detail:

Spain will provide €90 million ($105.3 million) in funding for nearly 1 GW of pumped hydro projects, adding 7 GWh of long-duration energy storage (LDES) by 2035. Each project will be eligible for a maximum €50 million grant and all work must be completed by June 30, 2035.

Country:

International

Source:

PV-Magazine

Published Date:

05.01.2026

URL:

View Original URL

Regions:

Africa Asia Australia Europe North America Oceania South America

Sectors:

Construction Energy-Power and Electrical

Project News Details

Title	Spain opens €90 million funding round for 7 GWh of pumped hydro storage
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Detail	Spain will provide €90 million ($105.3 million) in funding for nearly 1 GW of pumped hydro projects, adding 7 GWh of long-duration energy storage (LDES) by 2035. Each project will be eligible for a maximum €50 million grant and all work must be completed by June 30, 2035.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Construction Energy-Power and Electrical
Published Date	05.01.2026
Original Url	Original Url
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Title
Spain opens €90 million funding round for 7 GWh of pumped hydro storage
Detail
Spain will provide €90 million ($105.3 million) in funding for nearly 1 GW of pumped hydro projects, adding 7 GWh of long-duration energy storage (LDES) by 2035. Each project will be eligible for a maximum €50 million grant and all work must be completed by June 30, 2035.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Construction Energy-Power and Electrical
Published Date
05.01.2026
Original Url
View Original Url
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Spain opens €90 million funding round for 7 GWh of pumped hydro storage

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Spain opens €90 million funding round for 7 GWh of pumped hydro storage

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