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BayWa r.e. completes sale of its largest battery storage project in Europe

The project has been successfully developed to its current state (Ready-to-Build) by GroenLeven and will be connected to the high-voltage transmission grid of TenneT. Vopak will now continue the development and aims to construct a utility scale Li-ion Battery Energy Storage System (BESS), contributing to the flexibility and reliability of the national energy system.

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“This successful transaction confirms our leading role in the development of battery storage projects in Europe. Energy storage plays a key role in building a future-proof energy system, and this project marks an important milestone in our ambition to deliver large-scale solutions,” said Benjamin Casteleyn, CCO of GroenLeven.

More projects to come

Daniel Gäfke, COO of BayWa r.e., added: “This accomplishment demonstrates our expertise in delivering innovative and versatile solutions, needed to ensure crucial flexibility within the electricity market and grid stability. We are proud of the development of our largest European storage project to date and look forward to integrating more battery storage technology into Europe’s energy supply.” (hcn)

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