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Magtel will promote the largest hydroelectric power plant in Asturias in Tineo, strengthening its leadership in energy storage

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Magtel will promote the largest hydroelectric power plant in Asturias in Tineo, strengthening its leadership in energy storage

Magtel will promote the largest hydroelectric power plant in Asturias in Tineo, strengthening its leadership in energy storage

Magtel, through its subsidiary La Barca Energía, has been proposed by the Government of Spain as the successful bidder for the Narcea grid connection node to build the largest hydroelectric power plant in Asturias in Tineo, with an estimated investment of €323 million and an installed capacity of 320 MW.

The future La Barca pumped-storage power plant, designed as a large-scale energy storage system, will enable greater integration of renewable energy into the grid, improve electricity system stability and contribute to the decarbonisation of the energy mix.  

The project, which is expected to generate significant employment, will incorporate former workers from the Soto de la Barca thermal power plant and forms part of the Blue Storage® initiative, recently recognised as a finalist in the RenMad Almacenamiento 2026 Awards for its innovative approach to large-scale energy storage solutions.

Magtel strengthens its role in Asealen following its re-election as Vice-President and participation in a sector conference on storage
Energy

Magtel strengthens its role in Asealen following its re-election as Vice-President and participation in a sector conference on storage

Magtel has been re-elected as Vice-President of the Spanish Energy Storage Association (ASEALEN) following the holding of its General Assembly, thereby consolidating its commitment to the development of energy storage in Spain. As part of the same process, the association...
Magtel presents the La Barca Pumped-Storage Hydroelectric Power Plant at the 14th Spanish Dams Conference
Energy

Magtel presents the La Barca Pumped-Storage Hydroelectric Power Plant at the 14th Spanish Dams Conference

Magtel has taken part in the 14th Spanish Dams Conference, held from 11 to 14 May in Granada, with a presentation by Andrés Zapico Martín, Director of Hydraulic Projects. The company shared its experience in the development of hydraulic infrastructure and energy storage...