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Iberdrola Spain has begun commissioning the 225 MW Valdecañas pumped hydro energy storage (PHES) plant which is hybridized with a 15 MW / 7. 5 MWh battery energy storage system. . Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. The project, making use of existing facilities, will optimise the management of water resources without affecting other users of the Tagus River. 5bn Conso II project at Vilariño de Conso near Ourense, Galicia. READ MORE: Is there a dark side to Spain's green. . Spain is poised to lead Europe in renewable energy by constructing the continent's largest pumped storage power plant.
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