We have covered this briefly before, but its an important enough concept to cover again in more detail.
Problem: You are running out of disk space on the drive you keep PostgreSQL data on
Create a new tablespace on a separate drive and move existing tables to it, or create a new tablespace and use for future tables.
What is a tablespace and how to create a tablespace
A tablespace in PostgreSQL is similar to a tablespace in Oracle and a filegroup in SQL Server. It segments a piece of physical disk space
for use by the PostgreSQL process for holding data. Below are steps to creating a new tablespace. Tablespaces have existed since PostgreSQL 8.0.