BW ESS, a global leader in energy storage solutions, has partnered with Spanish company Ibersun to develop 2.2 gigawatts (GW) of utility-scale battery energy storage systems (BESS) across Spain. This collaboration aims to create a pipeline of eight projects designed to enhance Spain’s energy storage capacity.
The joint venture plans to focus on greenfield sites with a four-hour duration for the battery systems. Both companies will share ownership equally, and they expect that each project will attain Ready-to-Build status within two years, with completion planned for mid-2025.
Isaac Garcia Moreno, Executive Director of BW ESS, emphasized the importance of this venture in improving Spain’s grid resilience and meeting the nation’s ambitious energy storage goals. He noted that the growing demand for energy storage in Spain is driven by an increase in renewable energy generation from solar and wind sources, as well as the limitations of interconnectivity with neighboring European countries.
Javier Arkotxa and Jose Antonio GutiĆ©rrez, Directors of Ibersun, highlighted their commitment to developing projects that integrate well with the local environment. They believe that working with BW ESS, a recognized global leader, will bolster their efforts to tap into Spain’s vast energy potential.
Spain’s National Integrated Energy and Climate Plan sets a target of 22.5 GW of energy storage capacity by 2030. The expansion of battery storage capacity is essential not only for stabilizing the energy grid but also for maximizing the use of renewable energy, preventing waste during periods of surplus supply.
As Spain’s battery storage market continues to expand, this joint venture positions both BW ESS and Ibersun to play a key role in shaping the future of energy in the region.