India''s Battery Energy Storage System (BESS) market is projected to grow at 22% CAGR (2024-2030) driven by renewable integration and grid stability needs.
During the same period, the Netherlands officially announced the country''s largest BESS project to date, with a capacity of 364 MW/1457 MWh, which is scheduled to enter commercial operation in 2026.
Dutch energy storage developer Lion Storage, part of Return, announces that project Mufasa—one of the largest battery energy storage systems (BESS) in the Europe—has successfully reached Financial Close.
For BESS, the rise in activations creates an opportunity for more sophisticated revenue diversification strategies, the need for which is becoming increasingly evident as
In concurrent news, independent power producer (IPP) Energy Solutions Group (ESG) has completed financing and launched construction on its first large-scale BESS project
Additional income potential exists through congestion management services. BESS deployment is starting to take off in the Netherlands, with 250 megawatt (MW) currently
Dutch energy storage developer Lion Storage, part of Return, announces that project Mufasa—one of the largest battery energy storage systems (BESS) in the Europe—has
Developer LC energy has won an irrevocable permit for a 500MW/2,000MWh battery energy storage system (BESS) in Groningen, the Netherlands, one of the largest projects in the country to do so.
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects
Financing remains one of battery energy storage system''s (BESS) biggest talking points, as bankability, risk mitigation, insurance, and more.
The rapid evolution of the utility-scale battery energy storage systems (BESS) market in Australia, Europe and the US has seen the emergence of a wide range of offtake products. These arrangements offer opportunities for
The project, backed by Macquarie Capital as lead equity investor alongside listed infrastructure investor TINC, existing Return investors and six banks, will comprise
Developer Lion Storage has received a construction permit for its first battery energy storage system (BESS) project, Mufasa, it announced on LinkedIn yesterday (24 June).
This article draws on our experience supporting a broad range of investors, lenders & optimisers with the structuring & negotiation of BESS offtake contracts & financing.
The 209 MWh Standal battery energy storage project is expected to be fully operational by early 2026, one year before its seven-year tolling agreement comes into effect.
BESS unit prices include battery cells, racks, enclosure & PCS. This is excluding all other Capex project cost like EPC, Grid connection, Development cost etc *DNV forecast for Capex prices
Netherlands-based developer Giga Storage has obtained the irrevocable permit for the construction of a 600 MW/2,400 MWh battery energy storage system (BESS) project in
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market
At a ceremonial signing on February 17, 2025, BPI and Chinabank formalized their commitment to fund the Magat BESS Phase 2, while BPI and BDO agreed to finance the Binga BESS project. The BESS projects,
In concurrent news, independent power producer (IPP) Energy Solutions Group (ESG) has completed financing and launched construction on its first large-scale BESS project in Harmignies, in the Wallonia region of Belgium.
The Ministry of Energy Transition and Water Transformation (PETRA), through the Energy Commission (EC), has launched an open bidding program for the acquisition of Battery Energy Storage System (BESS) capacity
SemperPower''s battery storage project in southeast Netherlands. Image: SemperPower. We catch up with SemperPower, developer and owner of the two largest BESS projects in the Netherlands, discussing its commercial
Impact For BESS, CRM represent between 10 to 20% of the revenue. Complex process, complex rules and additional liabilities can frighten BESS developers. Presence of a long-term contract
The BESS Musselkanaal project will connect to the 380kV grid via a new TenneT (the transmission system operator) substation and construction is scheduled to begin in the first half of 2026, with connection to the grid in the
Amsterdam —Global law firm Dentons has advised a consortium of six banks - ABN AMRO, Rabobank, ING Bank, Triodos Bank, Santander CIB, and ASR - on the €350
The company claims that the project as "the largest" utility-scale BESS in the Netherlands once commercially operational in 2026. Also, Mufasa is strategically located, with direct access to TenneT''s high voltage grid, situated
The project site in Dordrecht, a municipality in the western Netherlands. Image: Dispatch via LinkedIn. Developer Dispatch has begun construction on a 45MW/90MWh battery energy storage system (BESS)
Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.
Developer Lion Storage has received a construction permit for its first battery energy storage system (BESS) project, Mufasa, it announced on LinkedIn yesterday (24 June). The project in the port area of Vlissingen,
Which are your preferred offtake options for BESS assets? When we have a standalone, grid-connected BESS, we look at tolling agreements or some profit-sharing mechanisms. This depends on our project finance
As the largest BESS in the Netherlands and one of the largest energy storage projects in Europe, it sets a new standard for balancing and securing power grids. Mufasa is the largest utility-scale battery storage project in the Netherlands to be fully funded through 100% non-recourse project financing of over EUR 350 million. The closing of Project
Dutch BESS projects mainly participate in two balancing services: Frequency Containment Reserve (FCR) and automatic Frequency Restoration Reserve (aFRR). The Dutch TSO, TenneT, uses these services as the primary and secondary restoration services, respectively, as explained in RaboResearch’s report on the Dutch electricity sector.
Moreover, the limited availability of new grid connections due to severe grid congestion poses additional challenges for potential BESS investors. Flexibility needs in the Netherlands are high, driven by the increasing share of intermittent renewable energy and lack of alternative storage technologies.
This document is for information purposes only and is not, and should not be construed as, an offer, invitation or recommendation. The Dutch BESS market offers strong potential amid rising flexibility needs, but faces grid and policy hurdles. Still, investor interest and regulatory innovation grow.
Image: LC Energy, Developer LC energy has won an irrevocable permit for a 500MW/2,000MWh battery energy storage system (BESS) in Groningen, the Netherlands, one of the largest projects in the country to do so.
BESS projects can provide additional flexibility to the grid by storing excess renewable energy and making it available when demand is high. By leveraging the spread between low or negative prices during periods of excess renewable production and high prices during peak demand, BESS operators can generate revenue from arbitrage opportunities.