Tesla’s grid-scale Megapack batteries have been chosen for yet one more battery power storage system (BESS) in Europe, which is ready to develop into one of many greatest initiatives of its sort on the continent.
On Tuesday, European power supplier Return detailed plans for the subsequent section of Venture Mufasa, a 350MW/1.4GWh Tesla Megapack facility in Vlissingen, Netherlands, as introduced in a press launch. The location is being developed by the corporate’s Lion Storage model and is anticipated to develop into operational by 2027, that includes 372 of Tesla’s four-hour 2XL Megapacks and turning into the biggest BESS within the Netherlands and one of many largest throughout Europe.
Return will oversee development of the location and it’ll additionally make the most of a former coal-fired energy plant in its connection to {the electrical} grid. The corporate additionally says that the quantity of energy will likely be ample to energy over 200,000 households within the Vlissingen space, with the flexibility to discharge a number of occasions per day.
“Venture Mufasa is a game-changer for battery storage within the Netherlands,” stated Arno Hendriks, Lion Storage Co-Founder. “As the primary of its sort to safe full undertaking financing, it proves that power storage is not only viable—it’s investable.”
The undertaking is valued at over 350 million euros (~$365.6 million), and funding is being backed by Macquarie Capital because the lead fairness investor, together with TINC, current Return traders, and 6 different banks. Venture Mufasa leaders are additionally partnering with Eneco, which can use income index fashions to assist oversee and optimize day-to-day operations on the facility.
“With cutting-edge expertise and powerful strategic partnerships, we’re driving a wiser, extra resilient power future and setting the bar for what’s subsequent in Europe,” stated Jeroen Althoff, fellow Lion Storage Co-Founder.
READ MORE ON TESLA MEGAPACK PROJECTS: Tesla’s first four-hour Megapacks within the Netherlands at the moment are operational
“At Return, we’re not simply constructing power storage—we’re shaping the spine of a cleaner, extra resilient energy system for Europe,” writes Willem-Jan Schutte, Return’s CEO. “The demand for dependable, large-scale storage has by no means been better, and we’re able to ship. For these seeking to be a part of the power transition—whether or not as companions, clients, or traders—Return is the place innovation meets impression.”
Tesla has deployed or been concerned in bulletins regarding a number of BESS initiatives up to now a number of months, with latest initiatives turning into operational in Austria, Puerto Rico, and Texas, to call just some. Earlier this month, the corporate additionally started manufacturing at its second Megapack manufacturing unit, positioned in Shanghai, China, after spending the previous couple of years ramping manufacturing at its Lathrop, California manufacturing facility.
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