General – Battery Storage
Battery storage developer GIGA Storage has reached financial close and started the construction of the GIGA Leopard project, a 300MW-1.2GWh Battery Energy Storage System (BESS).
Through the development of BESS projects, GIGA Storage provides scalable, ready-to-deploy technology solutions that support the expansion of renewable energy and play an essential role in increasing the reliability and stability of power systems, thereby accelerating the energy transition.
GIGA Leopard is expected to be commissioned in H2 2027. Leopard is a utility-scale project in Delfzijl, Groningen, with the capacity to deliver renewable energy to all Dutch households for more than half an hour. The €300 m project financing package, which attracted strong interest, has been arranged as a ‘club deal’ with a group of 8 European lenders.
The Leopard project will be connected to TenneT’s high-voltage grid through an existing substation. Giga Storage has developed the asset and the financing package for a multi-party commercialization strategy, working with utilities and energy traders on the offtake and optimization agreements.
