Israeli Firm Ellomay Capital Secures Spanish Grid Connection for Battery Storage Project

Ellomay Capital announced that its Spanish subsidiary, Ellomay Solar, has received grid access and connection permits for a battery storage project in Talavera, Spain. The permit is for a facility with a capacity of up to 22.2 megawatts and 100.3 megawatt-hours, capable of supplying full power for approximately 4.5 hours. This battery installation will be located on land already leased by the company and will be connected to a 28-megawatt solar facility owned by Ellomay Solar.

In addition to the grid connection, Ellomay Solar also obtained a permit to charge the batteries from the grid at a rate of 22.2 megawatts. The batteries can be charged from both the adjacent solar farm and the electricity grid, a dual capability the company believes will enhance operational flexibility and profitability. Construction is slated to begin in early 2027 and conclude by the fourth quarter of the same year.

Ran Friedrich, CEO of Ellomay Capital, stated that battery storage is a key growth driver for the company, with a focus on markets like Spain and Italy where the need for grid flexibility is rapidly increasing. He highlighted the permit as a significant milestone, emphasizing that the integration of solar generation and storage, coupled with grid charging, will provide substantial flexibility and enable more efficient utilization of renewable energy.

Ellomay Capital, which operates from Israel and is listed on the Tel Aviv and New York stock exchanges, has been involved in renewable energy development in Europe, the US, and Israel since 2009. Its current Spanish operations include active solar farms totaling approximately 335.9 megawatts. The company also has significant solar energy interests in Italy, green gas production facilities in the Netherlands, and a pumped hydro storage project under development in northern Israel, as well as connected and pending solar projects in Texas, USA.