Field has achieved the highest scoring in the application process for a government grant to support a grid battery project in Spain.
The developer achieved the highest score out of 300 applications in a grant process managed by the Institute for Energy Diversification and Savings, an agency run by Madrid’s Ministry for the Ecological Transition and Demographic Challenge (Ministerio para la Transición Ecológica y el Reto Demográfico).
The 192MWh project will be located in the north of Spain.
Once built, the site will help achieve ambitious national targets for increasing clean energy generation to 81% of Spain’s energy mix and building 22GW of storage by 2030 to shape a reliable, greener grid.
Field, backed by CVC DIF, has experience of owning, developing and operating large grid-scale battery storage sites.
Field said its team of experts, recruited from Aurora, Total, Statkraft, and Trina Solar, amongst others, drew on deep technical expertise and industry knowledge to prepare the application, as the business targets becoming one of Spain’s leading developers, owners and operators of battery storage.
The Institute for Energy Diversification and Savings works to deliver national objectives for the deployment of renewable energy and low carbon technologies, such as energy storage.
The Final Resolution award is the first round of the Spanish government’s inaugural grant process to support deployment of storage infrastructure.
Field general manager Toni Martinez said: “This award recognises not only the quality of our development work, but also the capability and expertise of our team to deliver solutions to the climate crisis in the energy market.
“We take pride in developing our projects in order to fully build and operate them ourselves, and actively contribute to the development of a greener, resilient and more flexible energy system in Spain.
“We look forward to continuing our work to deploy our battery storage projects for the benefit of the communities hosting them.”