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Netherlands to build 1.4 GW battery storage facility with Tesla batteries

Published by Global Banking & Finance Review

Posted on February 18, 2025

1 min read

· Last updated: January 26, 2026

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Netherlands to Construct 1.4 GW Tesla Battery Storage Facility

AMSTERDAM - Dutch energy storage firm Return plans to build a 1.4 gigawatt battery storage facility in the port of Vlissingen by 2027, it said on Tuesday, using 372 of Tesla's Megapack 2 XL grid storage batteries, in what will be the Netherlands' largest such project to date.

Such batteries will be needed to balance the Netherlands' power grid as the country's plans to build 21 GW of offshore wind energy by 2032 are expected to lead to frequent electricity surpluses in the morning and evening.

Return said the 350 million euro ($366 million) project, dubbed "Mufasa", will be able to discharge at 350MW, enough to power 200,000 households, several times a day. Investors include Macquarie Capital, Belgium's TINC, the company's existing investors, and a consortium of six banks.

Eneco, Mitsubishi Corp of Japan's Dutch energy subsidiary, will operate the facility once it is complete, an Eneco spokesperson said.

($1 = 0.9560 euros)

(Reporting by Toby Sterling; Editing by Susan Fenton)

Key Takeaways

  • Netherlands to build a 1.4 GW battery storage facility.
  • Project to use 372 Tesla Megapack 2 XL batteries.
  • Facility to balance power grid with offshore wind energy.
  • 350 million euro project to power 200,000 households.
  • Eneco to operate the facility upon completion.

Frequently Asked Questions

What is the capacity of the new battery storage facility?
The new battery storage facility will have a capacity of 1.4 gigawatts.
Who will operate the battery storage facility?
Eneco, the Dutch energy subsidiary of Mitsubishi Corp, will operate the facility once it is complete.
What is the estimated cost of the project?
The project is estimated to cost 350 million euros, which is approximately $366 million.
How will the battery storage facility benefit the power grid?
The facility will help balance the Netherlands' power grid, especially as the country plans to build 21 GW of offshore wind energy by 2032.
How many households can the facility power?
The facility will be able to discharge at 350MW, enough to power 200,000 households several times a day.

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