(IN BRIEF) BBVA and Malta Iberia PHES SL have signed an agreement to develop a 14 MWh long-duration energy storage demonstration plant in Puertollano, Spain. Utilizing a closed-loop molten salt and steam system, the facility will absorb surplus renewable energy … Read the full press release →
Posted in Banks, Business, Energy, Gas & Oil, Financial, Malta, Spain, Technology
Tagged BBVA, Ciudad Real, cleantech, climate-aligned finance, decarbonization, European energy resilience, grid stabilization, H2Med corridor, LDES, Long Duration Energy Storage, Malta Iberia PHES SL, Malta Inc., molten salt, National Hydrogen Centre CNH2, Philippe Delleville, Puertollano, renewable integration, Roberto Albaladejo, steam cycle
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