The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market
Premium

Dutch BESS developer Giga Storage buys closed distribution grid to deploy large-scale projects

LinkedIn
Twitter
Reddit
Facebook
Email

Developer Giga Storage has acquired a closed distribution grid in Groningen, the Netherlands, with the aim of deploying large-scale battery storage projects at the site.

The deal sees Giga Storage buy the distribution grid in the Delfzijl region which has a connection to the high-voltage network of the Netherlands. Groningen Seaports, which manages industrial areas in the region, has signed a new lease agreement with the developer for a period of 50 years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Giga acquired the grid from the assets of DAMCO Aluminum Delfzijl Coöperatie UA out of bankruptcy, after the aluminium producer went under late last year due to high energy prices. Energy prices spiked in Europe after Russia’s invasion of Ukraine severely compounded existing imbalances in the supply and demand of natural gas.

Giga said that a large amount of renewable energy is generated in Delfzijl and that the energy storage projects it builds there will solve local congestion and provide grid balancing services to grid operator TenneT.

“As unfortunate as it is that this industrial beacon of Delfzijl had to stop, we are very pleased that we
have the opportunity to replace a large industrial energy consumer and thus give a sustainable interpretation to the location”, said Ruud Nijs, CEO of Giga who wrote a guest blog for Energy-Storage.news in January 2022.

Cas König, CEO of Groningen Seaports, added: “For Groningen Seaports, this is an additional and logical step in the energy transition. Originally, several fossil power plants were housed at our locations. By facilitating large-scale energy storage in addition to wind turbines and solar parks, we show that we consider sustainable energy important.”

The Netherlands suffers from significant grid congestion and developers are looking at novel ways to get around this. Some have opted to deploy co-located projects which share capacity while others have looked to formulate time-limited interconnection deals where battery storage can only discharge or charge from the grid at certain times.

Giga Storage is one of the most active battery storage developers in the Netherlands with the country’s largest project, the 48MWh Giga Buffalo, commissioned in October 2022.

Another developer, Lion Storage, recently told Energy-Storage.news in an interview at Energy Storage Summit in February that the high grid charges in the market need to change for the market to kick on.

Read Next

July 12, 2024
Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.
July 11, 2024
India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.
July 10, 2024
A 150MW BESS at the flagship Cleve Hill solar and storage project in the UK can now go ahead after its refusal by the local council was successfully appealed.
July 10, 2024
Independent power producer (IPP) Grenergy has reached financial close on phase one and two of its Oasis de Atacama BESS and solar project in Chile, which will eventually reach 4.1GWh.
Premium
July 10, 2024
We caught up with the CCO of Dutch-Belgian BESS developer Giga Storage, who discussed the commercialisation of gigawatt-hour-scale projects, BESS pricing and the firm’s expansion.

Most Popular

Email Newsletter