(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
(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Investment, Luxembourg, Small Business, Spain, Technology
Tagged BBVA, BBVA Spark, digitalisation, EIF, InvestEU, Marjut Falkstedt, Paolo Gentiloni, Ricardo Mourinho Félix, Roberto Albaladejo, SMEs, Startups, sustainability, Technology Startups, The European Investment Fund
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