March 27 (Renewables Now) - Spanish utility Naturgy Energy Group SA (BME:NTGY) said on Monday that it plans to install 145 MW/290 MWh of battery energy storage plants in Spain by 2025.
The company is willing to invest EUR 117 million (USD 126m) in eight lithium-ion battery storage projects, its first with this technology in the native country. Some procedures for their development have already been initiated.
Of the planned total, seven storage plants will be hybridised with Naturgy’s solar farms. The effort will require pairing 20-MW battery systems with the Carpio, Picon I, II and III, La Nava, Tabernas I and II solar farms.
The eight battery will be a standalone system of 5 MW/10 MWh located in the province of Vigo. This system will directly connected into the grid.
Naturgy said that it plans to start construction of the projects in 2024 so that all eight batteries can be operational in 2025.
(EUR 1.0 = USD 1.077)