Technical FAQs 4

Can energy storage projects get 85% co-financing?

Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal energy storage sites. Friday saw the publication of a call for applications for energy storage projects hoping to receive support from a €700 million ($794 million) EU-funded program in Spain.

How does the EU finance energy projects?

EU programmes, calls for tenders and private-public initiatives are available to finance energy projects. The EU offers help to finance European energy projects through several funds and programmes. The Investors Dialogue supports the mobilisation of financing to support the objectives of REPowerEU and the European Green Deal.

How much money is available for energy storage projects?

A total of €700 million (US$800 million) is available in the form of capex grants. It is open to standalone battery energy storage system (BESS) projects, thermal energy storage projects and pumped hydro energy storage (PHES) projects as well as those that are hybridised with renewable generation facilities.

How does the EU support European energy projects?

The EU offers help to finance European energy projects through several funds and programmes. The Investors Dialogue supports the mobilisation of financing to support the objectives of REPowerEU and the European Green Deal. Mobilising private financing for energy efficiency investments.

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Spain launches €700 million support scheme for energy storage

Jun 2, 2025 · Held alongside The Battery Show Europe, Energy Storage Summit provides a focused platform to understand the policies, revenue models and deployment conditions

EU approves Spain''s €700m energy storage subsidy plan

Mar 18, 2025 · The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.

EU approves Spain''s €700m energy storage

Mar 18, 2025 · The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co

What developers must know to participate in the €700 million energy

May 29, 2025 · The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has approved new regulatory guidelines for granting aid to energy storage projects,

European Commission approves new 700 million aid scheme to boost energy

Mar 17, 2025 · The call will consist of direct subsidies for co-financing - up to 85% - of investments in energy storage facilities and will be carried out through the Institute for Energy

European Commission approves new 700

Mar 17, 2025 · The call will consist of direct subsidies for co-financing - up to 85% - of investments in energy storage facilities and will be carried out

EU funding possibilities in the energy sector

Launched in 2009 in order to support key investments in the context of the economic crisis and in order to promote energy transition, the €3.98 billion European Energy Programme for

Call for applicants to Spain''s €700m large

Jun 2, 2025 · Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal

EU members offer 272 financial instruments to back energy storage

Feb 15, 2024 · The European Union (EU) member states have put in place 272 financial instruments for energy storage projects, totaling up to EUR 113 billion, according to a study on

Spain Launches €700 Million Energy Storage Scheme to

Jun 3, 2025 · Spain''s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has announced a major funding initiative worth €700 million to boost large-scale

Call for applicants to Spain''s €700m large-scale energy storage

Jun 2, 2025 · Standalone and renewables-plus-storage battery projects can apply for up to 85% co-financing, along with pumped hydro and thermal energy storage sites.

Spain launches €700 million support scheme

Jun 2, 2025 · Held alongside The Battery Show Europe, Energy Storage Summit provides a focused platform to understand the policies, revenue

Spain awards 133 energy-storage projects totaling 2.4 GW

Dec 1, 2025 · Spain''s Institute for the Diversification and Saving of Energy confirmed €827 million ($961.4 million) in European Regional Development Fund co-financing for 133 energy-storage

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