Project UpdateSep 29, 2026, 04:12 PM
Ellomay Capital Secures Permits for 22.2 MW Battery Storage Project in Spain
AI Summary
Ellomay Capital Ltd. announced that its Spanish subsidiary, Ellomay Solar S.L., has secured crucial permits for a battery storage project. The permits include grid access and connection for a facility with a capacity of up to 22.2 MW / 100.3 MWh, along with a permit to charge electricity from the grid. This development is seen as a significant step in Ellomay's strategy to leverage battery storage as a core growth engine, particularly in markets like Spain where demand for grid flexibility is increasing. Construction is slated to begin in early 2027 and conclude by the fourth quarter of the same year.
Key Highlights
- Ellomay Solar S.L. received a battery storage grid access and connection permit for a project up to 22.2 MW / 100.3 MWh.
- The project also received a permit to charge 22.2 MW electricity from the grid, expected to boost flexibility and profitability.
- Construction of the BESS Facility is expected to commence in early 2027 and be completed in Q4 2027.
- The BESS Facility will be constructed on land already leased to Ellomay Solar.
- Battery storage is identified as a core growth engine for Ellomay, with a focus on Spain and Italy.
Price Impact
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