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Spain added around 11 GW of renewable capacity in 2025 while electricity demand grew by 2.8%, creating a scenario that requires greater system flexibility. In this context, the company is developing battery projects to integrate clean power and support the expansion of electric vehicle charging.
The initiative aims to reduce the fiscal burden of electricity subsidies, expand energy access and accelerate the country’s transition towards renewable energy.
The Panabá project in Yucatán combines 252 MW of wind power with battery storage and was awarded in Mexico’s December energy tender. Genux Power’s CEO says the company plans to join future calls and sees strong investment appetite in the Mexican power sector.






