The El Vallito Wind Farm – Battery Energy Storage System is a 12,000kW energy storage project located in Granadilla de Abona, Tenerife, Canary Islands, Spain.

The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2020.

Description

The El Vallito Wind Farm – Battery Energy Storage System is being developed by Iberdrola . The project is owned by Iberdrola (100%).

Contractors involved

Iberdrola is the owner. Iberdrola is the developer.

Additional information

Iberdrola Renovables Canarias SAU, as the listed promoter, plans to invest around EUR 15.8 million (USD 17.3m) in the wind-plus-storage scheme in the municipality of Granadilla de Abona in the south of Tenerife.

About Iberdrola

Iberdrola SA (Iberdrola) is an energy utility. It constructs, operates and manages power generation plants, transmission and distribution facilities and other assets. The company produces electricity using conventional and renewable energy sources. It also trades electricity and gas in wholesale markets; and retails electricity, gas, and other related products and services. Iberdrola retails energy to residential, commercial, industrial, institutional and other customers. In its transition to a sustainable energy model, the company makes considerable investments in renewable energy, smart grids, large-scale energy storage and digital transformation, Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.