Netherlands to build 1.4 GW battery storage facility with Tesla batteries
18/02/2025 10:56
AMSTERDAM, Feb 18 - Dutch energy storage firm Return
plans to build a 1.4 gigawatt battery storage facility in the
port of Vlissingen by 2027, it said on Tuesday, using 372 of
Tesla's Megapack 2 XL grid storage batteries, in what will be
the Netherlands' largest such project to date.
Such batteries will be needed to balance the Netherlands'
power grid as the country's plans to build 21 GW of offshore
wind energy by 2032 are expected to lead to frequent electricity
surpluses in the morning and evening.
Return said the 350 million euro ($366 million) project,
dubbed "Mufasa", will be able to discharge at 350MW, enough to
power 200,000 households, several times a day. Investors include
Macquarie Capital, Belgium's TINC TINCC.BR , the company's
existing investors, and a consortium of six banks.
Eneco, Mitsubishi Corp of Japan's Dutch energy subsidiary,
will operate the facility once it is complete, an Eneco
spokesperson said.
($1 = 0.9560 euros)
(Reporting by Toby Sterling; Editing by Susan Fenton)
((amsterdam.newsroom@thomsonreuters.com))